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The price of a pint?

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3 hours ago, SteelCityAle said:

Wetherspoons, proof that 'cheap' and 'value' are not the same thing...

Wouldn't be my first choice of a pub to go to, but there's nothing wrong with the beers they serve and you can't argue that they are in fact good value.

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On 12/1/2018 at 9:53 AM, slh73 said:

Comparing the cheapest and most expensive 'pint' isn't really a fair comparison without specifying what's in that pint. . Cheapest is going to be some mass produced tasteless bilge, and most expensive will more than likely be something with a double digit abv, that's spent a year or 2 aging in bourbon/sherry/rum/cognac casks, and travelled thousands of miles to get here, hence the high price tag. Comparing apples and oranges 

It would be good to compare similar things though.

 

Mass produced tasteless bilge that I drank in 1991 was approx £1.30 in pubs, and £2 in nightclubs.

At the time I was on £2.01, which would probably be the equiv. of 1 hours min wage now.

 

A club pint was an hour's wage I remembered.

A pub pint was about 3/4 of an hour (roughly)

 

I currently earn a bit less per hour than min wage, but I consider a £3 pint expensive, even though it's much less that is was then.

 

I do remember supermarkets were considerably cheaper if wanted a drink, but that never occurred to me at the time. Drinking was linked to going out.

 

 

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On 12/3/2018 at 11:17 PM, *_ash_* said:

It would be good to compare similar things though.

 

Mass produced tasteless bilge that I drank in 1991 was approx £1.30 in pubs, and £2 in nightclubs.

At the time I was on £2.01, which would probably be the equiv. of 1 hours min wage now.

 

A club pint was an hour's wage I remembered.

A pub pint was about 3/4 of an hour (roughly)

 

I currently earn a bit less per hour than min wage, but I consider a £3 pint expensive, even though it's much less that is was then.

 

I do remember supermarkets were considerably cheaper if wanted a drink, but that never occurred to me at the time. Drinking was linked to going out.

 

 

I thought this was an interesting comment, so I had a look at the figures. It turns out that the price of lager and the median wage have increased by roughly the same amount in the past 20 years. 

 

I'm not disagreeing with the post - for one thing, this data doesn't go back to 1991, and for another it's the median wages rather than the minimum wage (although the pattern is similar when looking at the lowest paid 10% over the same time period). Also, these are national figures rather than in Sheffield.

 

PCzkMpB.png

 

Sources:

https://www.ons.gov.uk/economy/inflationandpriceindices/timeseries/czms/mm23

https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours/datasets/ashe1997to2015selectedestimates

 

Edited by Unitedite

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28 minutes ago, Unitedite said:

I thought this was an interesting comment, so I had a look at the figures. It turns out that the price of lager and the median wage have increased by roughly the same amount in the past 20 years. 

 

I'm not disagreeing with the post - for one thing, this data doesn't go back to 1991, and for another it's the median wages rather than the minimum wage (although the pattern is similar when looking at the lowest paid 10% over the same time period). Also, these are national figures rather than in Sheffield.

 

PCzkMpB.png

 

Sources:

https://www.ons.gov.uk/economy/inflationandpriceindices/timeseries/czms/mm23

https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours/datasets/ashe1997to2015selectedestimates

 

Thanks for the info. great post!

 

I'll have to delve into this new search facility, but hopefully I can find a 'study' I did in here about 10 years ago on the topic of prices / wages*.

 

*hourly wages was my preference in the study

 

I find it interesting, because although nowadays we can google search info, I prefer to do some figures myself, to see what goods are more stable than others, over time. e.g. in 1980 if my TV broke, I could be looking at half a years wage to replace, whereas now, I could buy a tv for a few hours wage. I concluded that in general cigarettes/alcohol/gallon of fuel are most consistent in regards to an hours wage (from memory) - I'll look for it tomorrow!

 

 

edit - auto merge doesn't split the merges up btw tech staff...

 

 

 

nah, had a go with search facility, but can't work it out. My study is lost forever (or until I work out how to search my own threads!)

 

The ways to find it are my threads started, probably in history section, and I think title was cost of living,

 

blah.

Edited by *_ash_*

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Hover over your avatar > click find content > topic and go to the very last page and work back.

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5 hours ago, Groose said:

Hover over your avatar > click find content > topic and go to the very last page and work back.

thanks Groose:

 

 

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What I find interesting is the big variance in the price of a pint in Sheffield.

 

I often have a drink in town on a  Sunday afternoon and exactly the same drink can vary between £2.25 and £3.50 a pint.

 

I don't mind paying more for live music or entertainment but when you are basically sat in a similar establishment but paying over £1 more a pint I feel like I am wasting money.

 

Will admit I am a fan of spoons they are usually clean and have a good choice of beers and lagers and there are plenty of  spacious well maintained outlets like the one on Ecclesall Rd or Lloyds and whatever you buy you never feel you are being ripped off.

 

 

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7 hours ago, Fudbeer said:

What I find interesting is the big variance in the price of a pint in Sheffield.

 

I often have a drink in town on a  Sunday afternoon and exactly the same drink can vary between £2.25 and £3.50 a pint.

 

I don't mind paying more for live music or entertainment but when you are basically sat in a similar establishment but paying over £1 more a pint I feel like I am wasting money.

 

Will admit I am a fan of spoons they are usually clean and have a good choice of beers and lagers and there are plenty of  spacious well maintained outlets like the one on Ecclesall Rd or Lloyds and whatever you buy you never feel you are being ripped off.

 

 

Though I'm only guessing, my first thought would be whether they are pubcos or not.

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17 hours ago, Fudbeer said:

What I find interesting is the big variance in the price of a pint in Sheffield.

 

I often have a drink in town on a  Sunday afternoon and exactly the same drink can vary between £2.25 and £3.50 a pint.

 

I don't mind paying more for live music or entertainment but when you are basically sat in a similar establishment but paying over £1 more a pint I feel like I am wasting money.

 

Will admit I am a fan of spoons they are usually clean and have a good choice of beers and lagers and there are plenty of  spacious well maintained outlets like the one on Ecclesall Rd or Lloyds and whatever you buy you never feel you are being ripped off.

 

 

Do you stop frequenting the places that overcharge?  Vote with your wallet and they'll either reduce prices or go bust.

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3 hours ago, Cyclone said:

Do you stop frequenting the places that overcharge?  Vote with your wallet and they'll either reduce prices or go bust.

Yes I do but sometimes when with a group you go along.

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I'm not a fan of Wetherspoons at all, but I do think it's a good business model and I can see why it's so popular with a certain crowd.  

 

I've two sons who both like it, mainly because the drinks are very cheap.  Neither of them drink real ale or have particularly discerning tastes.  Alcohol is alcohol.  

 

The only one I've been in in recent years is the Sheaf Island near Waitrose.  And that's when I've been meeting folks before the match.  I think it's a big pleasant space and occasionally they've had a decent beer or two on in there.  But the beers are very "mainstream" and I prefer something a bit more eclectic than what they normally have.  I'm usually paying around £4 or a bit more for a pint in the places I go - but then again I'm drinking specialist beer of a different quality to the mainstream stuff they serve up in your average Wetherspoons.  So I'd expect to pay more.

 

If you're not bothered what you drink and you're watching the pennies then Wetherspoons is ideal I'd say.

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