Monthly Expense Budget

Free Monthly Expense Budget calculator with clear step-by-step results.

About Monthly Expense Budget

Itemising the big categories makes a monthly budget easier to audit.

Formula

Total = sum of all monthly categories

Worked example

With the default values below, Monthly Expense Budget returns Total Monthly Budget of $2,650.00. Change any input above and every figure here is recalculated in your browser.

Inputs used

Housingminimum 0 $: 1,200 $
Utilitiesminimum 0 $: 250 $
Foodminimum 0 $: 500 $
Transportminimum 0 $: 300 $
Otherminimum 0 $: 400 $

Results

Total Monthly Budget: $2,650.00
Housing Share: 45.3%
Remaining After Essentials: $1,200.00

Step by step

1Values used
2Formula
3Total Monthly Budget= $2,650.00
4Housing Share= 45.3
5Remaining After Essentials= $1,200.00

Assumptions and limits

The result is derived only from the 5 inputs listed above. Anything not among them is not part of the calculation.
In particular, this calculator does not take inflation, tax, fees or charges or compounding frequency into account.
Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
This is an estimate for general information and not professional financial, tax or legal advice. See the full disclaimer for the limits that apply to this kind of calculator.

How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.

Frequently Asked Questions

How does this calculator work?