Living Wage Family in the United Kingdom increased to 1300 GBP/Month in 2018 from 1230 GBP/Month in 2017. source: WageIndicator Foundation

Living Wage Family in the United Kingdom averaged 1252.50 GBP/Month from 2015 until 2018, reaching an all time high of 1300 GBP/Month in 2016 and a record low of 1180 GBP/Month in 2015. United Kingdom Living Wage Family - values, historical data and charts - was last updated on November of 2020.

Living Wage Family in the United Kingdom is expected to reach 1274.00 GBP/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Living Wage Family is projected to trend around 1288.00 GBP/Month in 2021 and 1307.00 GBP/Month in 2022, according to our econometric models.

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United Kingdom Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
1300.00 1230.00 1300.00 1180.00 2015 - 2018 GBP/Month yearly

United Kingdom Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.80 4.50 11.90 3.40 percent [+]
Employed Persons 32507.00 32591.00 33073.00 23630.00 Thousand [+]
Unemployed Persons 2633.70 2663.50 3090.00 422.60 Thousand [+]
Part Time Employment 8111.00 8200.00 8704.00 5995.00 Thousand [+]
Full Time Employment 24396.00 24390.00 24656.00 19136.00 Thousand [+]
Employment Rate 75.30 75.60 76.60 65.60 percent [+]
Claimant Count Change -29.80 -40.20 858.10 -98.50 Thousand [+]
Labor Force Participation Rate 79.10 79.20 79.80 74.10 percent [+]
Long Term Unemployment Rate 0.90 0.80 4.30 0.80 percent [+]
Youth Unemployment Rate 14.10 13.60 22.30 9.70 percent [+]
Labour Costs 131.40 108.10 131.40 19.60 points [+]
Productivity 103.00 97.90 103.00 42.60 points [+]
Job Vacancies 525.00 491.00 855.00 343.00 Thousand [+]
Wages 553.00 552.00 553.00 300.00 GBP/Week [+]
Wages in Manufacturing 622.00 619.00 622.00 356.00 GBP/Week [+]
Wage Growth 1.30 0.10 6.70 -2.70 percent [+]
Minimum Wages 8.72 8.21 8.72 5.05 GBP/Hour [+]
Population 66.65 66.27 66.65 52.20 Million [+]
Retirement Age Women 66.00 65.50 66.00 60.00 [+]
Retirement Age Men 66.00 65.50 66.00 65.00 [+]
Average Weekly Hours 28.50 27.30 33.50 25.80 Hours [+]
Employment Change -164.00 -153.00 311.00 -334.00 Thousand [+]


United Kingdom Living Wage Family
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.