My household budget — what's actually left?

Start by telling us who's in your household. We'll pre-fill costs based on the Minimum Income Standard — adjust them to match your reality. Share a link or print a copy to show your representative exactly what life costs. Nothing is stored. Your data never leaves your computer. Privacy policy →

My household budget
Isle of Man · 2024/25 tax rates · weekly equivalent
1
Who's in your household?
1
0
About these figures. The Minimum Income Standard (MIS) is defined by the Isle of Man Government as part of the annual Living Wage calculation — it represents what a household is estimated to need for an adequate standard of living. We have used it here as a starting point because it is the only published basket of costs for IoM household types. However, we think it is, to put it diplomatically, challenging — in our view it understates what many households actually spend, particularly on housing, childcare, and utilities. Adjust every figure to match your real situation. The MIS is a floor, and for many people it is not a realistic one.
2
Income
Leave an adult's income at £0 if they aren't earning — retired, unable to work, a full-time carer, or a student. Pensions and benefits go in the field below.
£
Child Benefit 2024/25: £25.60/wk first child · £16.95 each subsequent child
Income tax
National Insurance (employee)
Net take-home / week
3
Housing
£
4
Utilities & telecoms
£
£
£
5
Essentials
£
£
£
£
6
Other regular costs
Loan repayments, insurance, school fees, ferry trips, anything that comes out regularly.