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Double min wage is $16/hour. If the recommended rent is 30% of your income... well, the most you could afford on twice minimum wage is $768. Where I'm at the
by gremlinsinc 6y ago
Double min wage is $16/hour.
If the recommended rent is 30% of your income... well, the most you could afford on twice minimum wage is $768.
Where I'm at the cheapest rentals are 900 or so (rural utah).
Seems to me it takes almost 3x minimum wage just to really be able to live comfortably, and many will never get to that level, because they already work 2-3 jobs just to keep a roof over the heads of their children.
There's a reason that $75k is the 'happiness level', it really is the lowest of the low wages that will make someone feel like they're not poor and 'needy' and over-worked, etc... That should be our goal, to get us to that level for everyone over 25 who isn't in school. (Or able to reach that w/ a full-time job (even at McDonalds) + GBI/UBI)