← All Budget Guides

Budget on a £30,000 Salary

A realistic budget breakdown based on UK tax rates and living costs in 2026. No fluff, just numbers that work.

Take-Home Pay After Tax

Gross Salary

£30,000

Income Tax

3,486

National Insurance

1,886

Take-Home

£24,628

That is £2,052/month in your bank account.

Recommended 50/30/20 Split

50%

Needs

£1,026

30%

Wants

£616

20%

Savings

£410

Monthly Breakdown

CategoryAmount
Rent / Mortgage£600
Council Tax£110
Utilities£95
Groceries£150
Transport£100
Phone & Internet£40
Socialising£100
Subscriptions£30
Clothing£40
Savings£200
Flexible spending£387

Practical Tips

  • £30k is the UK median salary. You are not rich, but you can live comfortably with discipline.

  • Salary sacrifice into your pension reduces your tax bill and boosts retirement savings.

  • Set up a standing order for savings on payday - pay yourself first.

  • Switch energy suppliers annually - loyalty costs hundreds.

  • If you drive, consider whether public transport would save money overall.

  • Start a Stocks and Shares ISA even with £50/month - compound growth matters.

Work Out Your Exact Budget

These are guidelines. For a personalised calculation based on your actual income and expenses, use our free calculator.