Elizabethan Cost of Living
In practice, people seldom spoke of ordinary amounts of money in terms of pounds, unless it was in thousands, like the annual value of an estate, or a special "voluntary" tax.
Ordinary, daily expenses were a few shillings and pence.
A pair of gloves would cost around 7 shillings.
For smaller items, like food and drink, a few pennies would suffice. A pot of ale would cost about a penny or two.
A household servant's salary was about £2-5 per year.
Below is courtesy: http://walternelson.com/dr/node/892
Typical Prices of Clothing and Fabrics
- Canvas for Livery: 4d per yard
- Clothing for the Earl of Leicester: £563 for 7 doublets & 2 cloaks
- Broadcloth: £6 for 24 feet
- Good Shirt: £1
- Pair of knitted stockings: 15s
- Courtier's breeches: £7
- A good pair of boots: £4 - £·10 a pair
- Shoes for a child: 7d a pair
- Annual household expenses for the Earl of Derby: £3,000
- Cost of rebuilding Kenilworth: £60,000
Food and Drink Costs
- A loaf of bread: 2d
- A quail: 1/2d
- Oysters: 4d per bushel
- 200 herrings: 3s
- A chicken: 1d
- Raisins: 3d per pound
- A goose: 4d
- Best beef: 3d per pound
- Missing prayer: 2d
- Cursing: 1d per oath
- Not making one's bed: 1d
- Cook finishing dinner late: 6d
- Missing a button on the Livery: 1d per button
- Lodging in an Inn: 2d per week (with Laundry)
- A modest farm with an ancient lease: £4 - £5 per year
- A modest farm with a new lease: £50 - £100 per year
Odds and Ends
- Tobacco: 12s 64s per pound
- A small, undecorated book: 8d
- A large, ornamented book: 10s or more
- A doctor's visit: 1 Mark
- post horse from Dover to London: 3s