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UK Monthly Budget Calculator

Plan your monthly budget in the UK. Track income vs expenses by category and see your savings rate.

UK Monthly Budget Calculator

Plan your monthly budget in the UK. Enter your income and expenses to instantly see your balance and savings rate.

Monthly Income

£

Your actual pay after Income Tax and National Insurance

Monthly Expenses

£
£

Council Tax, utilities, internet

£
£

Oyster / bus pass etc.

£
£
£
£
£
Total Expenses£0/mo

Budgeting Tips for Working Holidaymakers

Follow the 50/30/20 Rule

Allocate 50% of income to essentials (rent, bills, groceries), 30% to lifestyle (eating out, entertainment), and 20% to savings and travel funds.

Save on Transport

In London, Oyster Pay As You Go has weekly caps. Compare the weekly cap cost with monthly Travelcards based on your commute pattern.

Manage Your Food Costs

Shop at discount supermarkets like Aldi and Lidl to cut grocery bills significantly. Try weekly meal prep and batch cooking.

Build an Emergency Fund

Keep at least one month's expenses as an emergency fund. It provides a safety net for unexpected job changes or moves.

Example Budget (London)

  • Monthly take-home: £1,800 (full-time on minimum wage)
  • Rent: £800 (house share, Zone 3)
  • Bills: £130 (Council Tax + utilities)
  • Groceries: £180
  • Transport: £150 (Oyster)
  • Phone: £15 (giffgaff)
  • Eating out / entertainment: £80
  • Clothing: £30
  • Travel fund: £100
  • Other: £40

Total expenses: £1,525 → Remaining: £275 (savings rate 15.3%)

Frequently Asked Questions

This calculator is for reference only. Actual living costs may vary by location and lifestyle.

Results from this tool are for reference only and accuracy is not guaranteed. For important matters such as tax, visa, or legal issues, always verify with official sources or professionals. We accept no responsibility for any loss or damage arising from the use of this tool.