What would a basic income cost in Isle of Man?
Pick a country, who gets it and how much a month. Everything is calculated on this device; nothing is sent anywhere.
Total cost per year
73.7 million British pounds
about 91.6 million US dollars
84,118 people × 73 British pounds a month × 12 months
Compared with
- GDP (nominal) (2023)1.2%
Isle of Man in numbers
Isle of Man has a population of 84,118 (2025) and a GDP of 6.1 billion British pounds (about 7.58 billion US dollars) in 2023.
Paying everyone 73 British pounds a month would cost 73.7 million British pounds a year (about 91.6 million US dollars), or 1.2% of GDP. The World Bank has no recent central government expense or tax figures for Isle of Man, so only GDP is compared.
Children only (under 18: 14,605) would cost 12.8 million British pounds a year (0.21% of GDP); adults only (18 and over: 69,513), 60.9 million British pounds (1%).
Default amount: 73 British pounds a month is the World Bank's international poverty line of $3.00 a day, converted into British pounds at the exchange rate implied by the World Bank's GDP in local currency and in US dollars (2023), because there is no recent PPP conversion factor, and rounded to two significant figures. It is a reference point, not a policy proposal; change it above.
How to read this
This is the gross cost: the total paid out. The real net cost depends on which taxes fund it, which benefits or tax breaks it replaces and whether the payment is taxed. The population, budget and GDP figures are not all from the same year (see the sources).
Sources for the figures
- Population
- World Bank: population, total (SP.POP.TOTL), and population by single year of age 0 to 17 (SP.POP.AG00.FE.IN … SP.POP.AG17.MA.IN), 2025
- SP.POP.AG00.FE.IN … SP.POP.AG17.MA.IN
- Default amount
- World Bank: international poverty line of $3.00 a day (2021 PPP), June 2025 update
- Retrieved from the World Bank API on November 9, 2026 (CC BY 4.0). Government figures are central government, as a share of GDP in their own year, applied to the latest GDP.