Reference Budgets


Reference Budgets

Reference budgets are priced baskets of goods and services that are needed for households in given countries, regions or cities to achieve a given standard of living.

These budgets are usually developed for a limited number of model families taking account of:

Reference budgets developed in various countries across Europe in the last few years are based on survey or other statistical data, international regulations and guidelines, expert knowledge, focus groups (i.e. a participatory approach) or a combination of these.

They are used for a variety of purposes, including:



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