Minimum Income Standard

Joseph Rowntree Foundation and Loughborough University measure the Minimum Income Standard (MIS) every year.  It shows how much households need in a weekly budget and how much they need to earn in order to achieve this disposable income. 

Different levels of Minimum Income Standards are calculated for different types of people - e.g. single people, families, working people and pensioners.

Loughborough University has a Minimum Income Standard calculator

Source: Loughborough University Centre for Research in Social Policy: MIS Research