Long term trend
In the UK since 1987 (an arbitrarily chosen base year) prices of tobacco, as measured by the tobacco price index, have increased more than the retail price index.
Consequently the affordability of tobacco index1 has fallen over this period; in other words tobacco has become less affordable.
Last ten years (2008 to 2018)
Over the last ten years the price of tobacco has increased by 97%2.
The price of tobacco increased by 50%3 relative to retail prices, whilst real households’ disposable income (adjusted) increased by 5% over the same period.
As a result, tobacco has become 30% less affordable since 20084.