Disposable household income after housing costs brings together employment within households, pay, direct taxes, benefits, private pension payments and contributions, and the cost of housing. It is the most commonly used summary measure of living standards. The data in this section explores trends in real after-housing-costs income, and the picture across different age groups and birth cohorts.
Income after housing costs
Notes
Financial years after 1993 (so 1994 refers to 1994-95). Data for 1992 and 1993 have been interpolated. Northern Ireland data is missing prior to 2002. Incomes are equivalised to account for differences in household size. Data is smoothed using three-year rolling averages.
Source
RF analysis of IFS, Households Below Average Income (1961-91); DWP, Family Resources Survey (1994-latest)
Notes
Financial years after 1993 (so 1994 refers to 1994-95). Data for 1992 and 1993 have been interpolated. Northern Ireland data is missing from the ‘UK’ series prior to 2002. Incomes are equivalised to account for differences in household size. Data is smoothed using three-year rolling averages.
Source
RF analysis of IFS, Households Below Average Income (1961-91); DWP, Family Resources Survey (1994-latest)
Notes
Data for 1992 and 1993 have been interpolated. Northern Ireland data is missing prior to 2002. Incomes are equivalised to account for differences in household size. Data is smoothed using three-year rolling averages.
Source
RF analysis of IFS, Households Below Average Income (1961-91); DWP, Family Resources Survey (1994-latest)
