3 ms·
Their definition of "living" is fairly simple. "The tool helps individuals, communities, and employers determine a local wage rate that allows residents to mee
by parkingrift 5y ago
Their definition of "living" is fairly simple. "The tool helps individuals, communities, and employers determine a local wage rate that allows residents to meet minimum standards of living." For the purposes of this calculator that's enough income for food, housing, transportation, civic duties, and medical care.
Their overall methodology is located here: https://livingwage.mit.edu/resources/Living-Wage-Users-Guide-Technical-Documentation-2021-12-28.pdf https://livingwage.mit.edu/resources/Living-Wage-Users-Guide...