3 ms·
Exactly. $15/hr with $2k/mo of rent is entirely unaffordable (that would mean $2,400/mo in wages, or 80% of total pay). And that’s less than half the median wag
by mjmahone17 5y ago
Exactly. $15/hr with $2k/mo of rent is entirely unaffordable (that would mean $2,400/mo in wages, or 80% of total pay). And that’s less than half the median wage nationally.
That makes the argument that NYC is unaffordable even stronger.
- oh_sigh 5y agoWhere does $2k/mo rent come from? I paid less than that while working at a FANG making $200k/yr.