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Evening Standard

August Graham

Fact check: Wage claim confuses mean and median incomes from different years

Inflation Wikipedia IFS CPI HMRC United Kingdom

Mean and median income figures are often very different (Lucy North/PA) - (PA Wire)

A widely shared claim on social media said that the median wage was £24,769 in 2008 and £29,600 by 2025. Meanwhile, the claim continued, inflation has increased prices by 70.51% since 2008, meaning that a £24,769 wage would have become £42,231 if it had kept up with inflation.

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