How much does the royal family cost? A breakdown of the key figures

Here are some of the key numbers from the royal tally for 2022-2023.

– £86.3million – The total taxpayer-funded Sovereign Grant is made up of £51.8m for ‘core funding’ and an additional £34.5m for Buckingham Palace reservations.

– £107.5million – Official monarchy net spending, up £5.1m or 5% from £102.4m in 2021/2022.

– £1.6million – Amount spent from the Sovereign Grant towards the funeral of the late Queen.

– £700,000 – Amount spent from the Platinum Jubilee Sovereign Grant (including £300,000 from 2022-23)

– 517 – Full-time equivalent employees paid from the Sovereign Grant, including temporary contracts, increased from 491.

– £27.1million – Staff wage costs increased by £3.4m or 14% compared to £23.7m a year earlier.

– £2.4million – The cost of housekeeping and entertaining the royal household rose by £1.1m (from £1.3m).

– £3.9million – Expenditure on official royal travel, down by £0.6million, or around 13%, from £4.5million last year.

– £1.02million – Cost of 179 helicopter rides by members of the royal family.

– £186,571 – Cost of charter flights for the royal couple to Rwanda for the Commonwealth Heads of Government meeting.

– £146,219 – Charter flights for the first official state visit of the King and Queen to Germany in March 2023.

– £25,687 – Cost of a home-to-home charter flight for the King as he flew from Aberdeen to Northolt in October 2022.

– £1.29 – Cost per person in the UK to fund the whole government subsidy

– 77p – Cost per person for the “core” part of the Sovereign Grant for official duties, excluding funds for the long-term work at Buckingham Palace.

– 183.207 – Correspondence items received by Buckingham Palace in 2022-2023, including 67,693 before the Queen’s death and 115,244 after, making it the busiest year on record for incoming mail.

– 9.7% – Percentage of staff from a minority ethnic background working for Buckingham Palace, compared to 9.7% in 2021-22 and 8.5% in 2020-21. The goal was 10% and now it is 14%.

– 16.3% – Percentage of ethnic minority staff working for Kensington Palace. (13.6% last year)

More than 2,700 – Official engagements by members of the royal family in the UK and abroad, compared to 2,300 last year.

– £5.9million – The Prince of Wales’s private income from the land holdings of the Duchy of Cornwall – spent about six months in 2022-23 as the new heir to the throne.

– £6.9million – Amount of money retained from the property for ongoing operations rather than going to William as a salary.

– £12.8million – Salary received by the King as Prince of Wales from the Duchy.

– £24 million – The Duchy of Cornwall’s total annual profit for 2022-23, which would normally have equaled Williams’ full salary.

Russell Falcon

Russell Falcon is a USTimesPost U.S. News Reporter based in London. His focus is on U.S. politics and the environment. He has covered climate change extensively, as well as healthcare and crime. Russell Falcon joined USTimesPost in 2023 from the Daily Express and previously worked for Chemist and Druggist and the Jewish Chronicle. He is a graduate of Cambridge University. Languages: English. You can get in touch with me by emailing

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