Household budget calculations
MIS budgets show the cost of goods and services required as a minimum by households with given composition. They can be viewed in the following three forms:
Income requirements at a glance
Use our online Minimum Income Calculator to see the current budgets for specified household types. The calculator not only shows weekly budgets, but also the level of earnings or pension income required to reach the minimum. The calculator can also be adjusted to change assumptions on variable costs such as rent and childcare, be used to show budgets for Inner and Outer London and show what someone on a given earnings level would have in disposable income, compared to the MIS budgets.
Detailed lists of the goods and services on which budgets are based
Every four years, the budgets are compiled afresh with a costed set of items. The following pdfs show the latest lists for each main household type:
2020 budget lists
2018 budget lists
2016 budget lists
*Single people’s budgets are calculated separately for male and female, then averaged when reporting the total for a single person.
More detailed spreadsheets
Useful for researchers and practitioners wishing to make calculations using the data, and to obtain figures over time. They come in two files:
Please note: The MIS budgets for single working age people and single pensioners are based on the average for both males and females in that category, so the single working age adult budget is the average of 'Single working age female'' and 'Single working age male' and the single pensioner budget is the average of 'Single female pensioner' and 'Single male pensioner'.