Minimum wage won't let you afford a 2-bedroom rental anywhere in the country, report says
4 monthes ago - By WGN TV
There's not a single state, county or metropolitan area in the entire United States where a full-time worker earning the federal minimum wage of $7.25 an hour can afford a modest 2-bedroom apartment.
And if those workers wanted to? They'd have to work 122 hours a week. Every week. All year.
This is according to a new report from the National Low Income Housing Coalition, or NLIHC, which calls attention to the gap between low-income wages and the high cost of rent throughout much of the United States.
The NLIHC found US workers need to earn $22.10an hour to afford a “modest” two-bedroom...
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Study: SF requires highest hourly wage to afford 2-bedroom apartment
4 monthes ago - By ABC
People in San Francisco need to make more than four times the city's minimum wage to afford a modest two-bedroom apartment.
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A minimum-wage worker needs 2.5 full-time jobs to afford a one-bedroom apartment in most of the US
4 monthes ago - By Business Insider
Many minimum-wage workers can't even afford a modest one-bedroom apartment, according to the National Low Income Housing Coalition's annual report .
The national housing wage for a modest one-bedroom apartment is $17.90, while the federal minimum wage is $7.25.
A low-income worker earning the federal minimum wage would need 2.5 jobs to afford a one-bedroom apartment.
What do you get when you combine minimum wage with increasing apartment rents? Many workers who can't afford a place to live.
The National Low Income Housing Coalition's annual report recently took a look at the Housing Wage...
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Report: Minimum wage workers can't afford a 2-bedroom apartment anywhere in U.S
4 monthes ago - By WYFF
Find out what hourly wage is needed to afford a two-bedroom rental in your state.
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