The automotive cost of living
The Cost of Driving in the UK - A Report
Owning and running a car has changed dramatically over the last three decades. Our analysis of UK Government data reveals just how much the financial landscape of driving has shifted.
Fuel Prices have risen by more than 300% since 1990, with petrol up 260% (to 148.85p per litre) and diesel up 302% (to 157.74p per litre). In contrast, the cost of everyday goods has increased by much less-139.6% since 1990. £10 of goods then would cost £23.96 today. Running a car is now one of the top three household expenses, competing with housing and energy for your pounds.
Petrol Prices 1998-2024
The automotive cost of living
Key Takeaways
Petrol & Diesel
Inflation
Household Impact
The automotive cost of living
Percentage change 1990-2024
Petrol
inc.VAT
inc.VAT
With everything 139% More Expensive since 1990, Flexibility Matters more than ever. We can help.
Inflation makes everything more expensive – but your car doesn’t have to be one of them. With Flexed, you get one clear monthly payment, helping you stay in control even if the world does get pricier.
The data is clear: driving costs are rising, and flexibility is the smart response.
For added peace of mind, you can even add on comprehensive insurance cover too.