MINIMUM INCOME STANDARD CALCULATOR
Updated 124 days ago
This Minimum Income Standard calculator (MISc) makes the Minimum Essential Stand of Living (MESL) work of the VPSJ readily accessible to the general public, and readily applicable to real household situations... Since 2004 the VPSJ has undertaken work establishing the expenditure necessary for a MESL for a range of household types. This work establishes a consensus on what members of the public believe is a minimum standard that no individual or household should live below. Working with focus groups, the minimum goods and services that everyone needs for a MESL are identified. With a focus on needs not wants, the concern is with more than survival as a MESL is a standard of living which meets physical, psychological and social needs, at a minimum but acceptable level... The joint VPSJ TCD study, A Minimum Income Standard for Ireland (2012), establishes the income necessary to afford this standard of living, for a broad range of model household types; providing the data at the core of..