Islanders are able to afford a decent standard of living

Long-term perspective

An adequate income is crucial to Islanders' quality of life because most basic needs, such as food, water, shelter, health care and many forms of recreation, have to be bought. Affordable living is about being able to afford what you need to lead a healthy, happy and productive life. Low income households spend a greater proportion of their income on everyday essentials compared to better-off households, so their standard of living is more sensitive to the cost of goods and services, and to price rises.

Medium-term focus: the Government Plan 2020-23

A Government Plan 2020-23 priority is to reduce income inequality and improve the standard of living in Jersey. In particular, it recognises concerns about growing income inequality, the cost and quality of housing and barriers to stable employment. It sets an ambition to start reducing the gap between the highest and lowest income levels and address the balance between wages, taxes and benefits, rents and living costs.

How is Jersey doing?
O
Time
Period
Current
Actual
Value
Current
Trend
Why Is This Important?

Cost of living is the cost of maintaining a certain standard of living.

I
2019
114.7
10
Scorecard Result Container Indicator Measure Action Actual Value Target Value Tag S R I P PM A m/d/yy m/d/yyyy