Wednesday · August 5, 2026
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— Budgeting

Monthly Expense Calculator

Add up monthly spending by category and see the total, composition, per-day and per-year equivalents, and largest category. Add income to see the share you spend and how much could be saved.

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Total monthly expenses

$4,300

Per day
$141
Per year
$51,600
Largest category
Housing · 41.86%
Fixed (committed)
$2,600

Try: Typical household, As a % of $6,500 income, Per person, family of 4

Where your money goes

CategoryMonthly% of totalAnnualized
Housing $1,800 41.86% $21,600
Food & groceries $700 16.28% $8,400
Everything else $600 13.95% $7,200
Debt payments $500 11.63% $6,000
Transport $400 9.3% $4,800
Utilities & bills $300 6.98% $3,600
Total $4,300 100% $51,600

— Expense composition

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— How it works

Total monthly expenses = sum of all category spending. Per day = total × 12 ÷ 365. Per year = total × 12. Each category’s share = its amount ÷ total.

The number you keep underestimating

Ask anyone what they spend a month and the answer is usually low — small, frequent costs and the occasional big one slip the memory. Totalling it by category fixes that, and the per-day and per-year translations land hardest: a comfortable-sounding monthly figure becomes a startling annual one. Seeing that $4,300 a month is really $141 a day or $51,600 a year reframes the decision behind every purchase. The largest-category call-out points straight at where the money actually goes — almost always housing — so you know which lever moves the total most.

Worked example — $1,800 housing, $700 food, $600 misc and the rest: Total = $4,300 a month → about $141 a day, $51,600 a year. Housing alone is 42% of it — the one category worth negotiating hardest.

Against income, and per head

Add your income and the total gains meaning: spending 66% of what you earn leaves a healthy third to save; spending 95% leaves you one surprise away from trouble. The calculator shows both the percentage and the money left over — your savings headroom. For families, the per-person figure is a useful equaliser, letting you compare a single person’s costs with a household’s on a fair basis. And the fixed-versus-variable split hints at resilience: the more of your spending that’s committed (rent, EMIs), the less you can flex if money gets tight.

— Reader questions

How do I calculate my monthly expenses?

Add up what you spend in each category — housing, utilities, food, transport, debt and everything else. The total is your monthly expense figure. The calculator also shows it per day, per year, and as a share of income if you add that.

What’s the difference between this and the Cash Flow calculator?

This totals expenses only — the spending side. The Cash Flow calculator adds income, so it shows your net surplus or deficit and a full statement. Use this to understand your spending; use Cash Flow to see what’s left.

What percentage of income should I spend?

There’s no single rule, but spending under about 80% of take-home income — leaving 20%+ to save — is a common healthy target, as in the 50/30/20 guide. The lower your spending share, the faster you build wealth.

Should I include money I save as an expense?

No — saving isn’t spending. This calculator counts only true expenses. Money you put into savings or investments is still yours; the Cash Flow calculator shows it on a separate line so the picture stays honest.

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