All historians are concerned at times with evaluating past prices and wages. If someone on Captain Cook's ship, or someone joining the BBC in the 1930s, earned a hundred pounds, what does this quantity of money mean.
The question is always delicate. The 18th century sailor did not need to pay phone bills or have a motor car. The 1930s BBC manager was not obliged to pay tuition fees for his daughters and sons to go to university.
Still, a good understanding can be gleaned from this impressive website, run by established historians and economists
https://www.measuringworth.com/
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