Latest figures show the monarchy cost UK taxpayers 62 pence each. This equals £40.1m last year, with more than £16m spent on maintaining royal palaces and buildings.
That is an increase of £4.6m on the previous financial year.
But the Queen and the Royal Family's official travel costs to the taxpayer fell more than £1m to a total of £4m.
The single most expensive trip was taken by the Prince of Wales, whose two-day journey in September from Scotland to Yorkshire on official business.
Buckingham Palace and the Government are always reviewing the amount of money the Queen receives each year from the Treasury.
It comes at a time when new figures reveal that the Crown Estate - a £12bn property portfolio including Regent Street and Ascot racecourse - has made a record annual profit of £304.1m.
That money goes to the Treasury, but the Queen receives a Sovereign Grant of 15% of the estate profits, paid two years in arrears and means the amount she receives under that grant would rise to more than £45m in 2017.
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