Feedback
News

Royal Refurb: William and Kate’s Home Gets $6-Million Upgrade

Image: Buckingham Palace repairs delayed

A file picture dated June 28, 2013 shows a general exterior view of Kensington Palace in London. According to reports on June 26, Britain's Queen Elizabeth II delayed the repairs at Buckingham Palace in order to allow Prince William, Duke of Cambridge, and his wife Catherine Duchess of Cambridge to renovate their home, Kensington Palace. TAL COHEN / EPA file

LONDON - How much does it cost to make a home fit for a prince? More than $6 million, apparently.

In fairness, it’s actually for two princes - and a duchess. William, Kate and baby Prince George are moving into apartment 1A Kensington Palace following its complete refurbishment.

Sign up for top Business news direct to your inbox.

Royal accounts released Thursday reveal the price tag for the two-year refit that has involved significant rebuilding work, including roof repairs and installing running water. The apartment had not been updated in more than 50 years. Since the death of its previous occupant, Queen Elizabeth's sister Princess Margaret, it has been used as office space.

"No other public body divides their costs by the entire population and says 'tadaa! look how cheaper we are!'"

Royal officials have been keen to stress that the redone apartment is “not opulent” and that furnishings will be paid for privately, most likely by William’s father, Prince Charles. He’s also picking up the tab for the installation of a second so-called family kitchen, which surely must guarantee a dinner invite once his son and daughter-in-law have moved in.

A Kensington Palace spokeswoman told NBC News the royal couple "have been at pains to keep costs to a minimum" and are "mindful this is public money."

Duchess honors her grandmother, WW2 code-breaker 1:48

The figures were revealed in Buckingham Palace’s accounts, which show the royal family cost British taxpayers $60 million in the last year – an increase on the previous year of just over $4 million dollars.

The accounts show a 45 percent increase in the amount being spent repairing royal properties to $22.6 million. In January a committee of British law makers criticized the palace, saying there was a ‘maintenance backlog’ with many royal buildings in a state of disrepair.

Officials like to break the total cost of the royals on taxpayers down to price-per-person, so this year its 95 cents for each Brit.

It’s a calculation that allows the bill for the monarchy to be compared to the price of "two pints of milk" - a comparison which infuriates republicans.

King of the Xhosa tribe Zwelonke Sigcau meets Britain's Prince Charles at Nelson Mandela's burial service, in Qunu, South Africa, Dec. 15, 2013. Elmond Jiyane / AP file

"No other public body divides their costs by the entire population and says 'tada! look how cheap''" wrote Graham Smith from Republic, which advocates for the monarchy's abolition, on the organization's website.

"This nonsense has to be rejected by journalists and politicians alike."

While the overall cost of the royal family largely goes unquestioned, the royals’ travel bill does attract particular scrutiny in the British media, with journalists keen to see which members have been spending big on chartering planes and helicopters.

UK royals' expenses raise eyebrows

In December, Prince Charles spent $433,000 to attend the funeral of Nelson Mandela in South Africa.

But scorn is usually reserved for his brother, Prince Andrew. His nickname in the British tabloids?

"Airmiles Andy."

Duchess Kate: 'I was not alone' as Air Force wife 1:57