Updated August 2026
Reviewed by Experts Voluntary Living Wage Foundation vs Statutory NLW
Real Living Wage Calculator (2026/27)
Statutory vs Real Living Wage: The Government's legal National Living Wage is £12.71/hr (21+). The voluntary Real Living Wage is £13.85/hr (UK) and £14.50/hr (London) for all workers aged 18+.
Compare what you earn on the statutory National Living Wage versus the voluntary Real Living Wage paid by over 15,000 accredited UK employers.
Annual Gross Earnings
£26,437
Hourly Rate
£12.71/hr
Weekly Gross
£508.40
Monthly Gross
£2,203
Est. Net/mo
£1,880
Statutory vs Living Wage Comparison (40 hrs/wk)
| Standard | Hourly Rate | Weekly Gross | Annual Gross | Est. Take-Home/mo |
|---|---|---|---|---|
| National Minimum Wage (18–20) | £10.85 | £434.00 | £22,568 | £1,650/mo |
| National Living Wage (Gov 21+) | £12.71 | £508.40 | £26,437 | £1,880/mo |
| Real Living Wage (UK Foundation) | £13.85 | £554.00 | £28,808 | £2,021/mo |
| London Living Wage (Foundation) | £14.50 | £580.00 | £30,160 | £2,104/mo |
About this guide
This calculator is maintained by UKMinimumWage.co.uk and verified against official HMRC and GOV.UK rates. Last updated August 2026.