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I think I'm mis-understanding. How is 1 adult + 3 children at $107.95 and 2 adults + 3 children at $63.97 5 people could require more money than 4. You could
by socalgal2 9mo ago
I think I'm mis-understanding.
How is 1 adult + 3 children at $107.95 and 2 adults + 3 children at $63.97
5 people could require more money than 4. You could say in the 2nd case it's $63.97x2 but that doesn't make any sense either because the table also has 1 adult 0 children $29.31 and 2 adults 0 children at $41.81. Clearly they are not doing 2x to that $41.81 as it would be more than the $29.31 at 2x
Was this AI generated?
- bitcurious 9mo agoChild care.
- socalgal2 9mo agothat's not either See the first row in this table: https://livingwage.mit.edu/counties/06075 https://livingwage.mit.edu/counties/06075 Compare 2 adults (1 working) 3 kids to 2 adults (both working) 3 kids First off, you'd expect it to be 1 adult = X 2 adults = X + X(0.?) Where 0.? is something less than 1 because 2 adults need less than 2x the money Similarly for kids 1 kids = Y 2 kids = Y + Y(0.?) 3 kids = Y + Y(0.?) + Y(0.?) You'd expect 2 kids to be less than 2x 1 kid. And you'd expect 3 kids to be les than 1x + 2x 2nd kid. Each kid is cheaper for various reasons like hand-me-downs etc... But instead, under 2 adults 1 working we see 1 adult = $29.31 (from one adult) 2 adults = $41.83 (so X + X * 0.42) 2 adults 1 kid = 50.47 2 adults 2 kids = 54.77 (so + $4.30) 2 adults 3 kids = 63.97 (so + $9.19) Why does the 3rd kid cost more than the 2nd? Then you can also compare 1 adult 3 kids with 2 adults both working + 3 kids 1 adult + 3 kids = $107.95 2 adults (both working + 3 kids) = $55.67 Assuming that $55.67 is wages for each that means we're comparing 1 adult + 3 kids = $107.95 2 adults (both working + 3 kids) = $55.67x2 ($111.34) We already established that above that adding one adult is only $12.52 a month yet here, suddenly that adult only costs $3.40 a month. Again, these are nonsense numbers.
- NewJazz 9mo ago1. This is not ai generated. 2. Did you look in the costs breakdown? You'll probs find your answers there. 3. I am guessing having a spare adult to take care of 3 children instead of paying for childcare is probably the difference.
- deleted 9mo ago[deleted]
- paxys 9mo agoThere are separate columns for 2 ADULTS (1 WORKING) and 2 ADULTS (BOTH WORKING). I think you are mixing up the two. And the non-working adult is taking care of children, so reducing childcare expenses.
- socalgal2 9mo agoI am not mixing up the 2 First row, for https://livingwage.mit.edu/counties/06075 https://livingwage.mit.edu/counties/06075 | 1 adult | 2 adults (1 working) | | 0 Children | 1 Child | 2 Children | 3 Children | 0 Children |1 Child | 2 Children | 3 Children | | $29.31 | $61.37 | $83.72 | $107.95 | $41.83 | $50.47 | $54.77 | $63.97 | 1 adult + 0 children = $29.31 2 adults + 0 children = $41.83 The only way these numbers make sense if if you assume one income. Then 1 adult + 3 kids = $107.95 2 adults + 3 kids = $63.97 Given the first example was one income, this 2nd one makes no sense. 5 people cost more than 4. These numbers are wrong.
- Jtsummers 9mo agoLook at the childcare number in the breakdown table. 1 adult and 3 children has an estimated $71k/year childcare cost, while 2 adults and 3 children (1 working) has a $0/year childcare cost. So some things go up (transportation, healthcare, food), but others go down. Childcare going down by $71k pretty much entirely accounts for the difference you're questioning (~$34/hour difference just on that entry). Also, two adults (assuming married) will pay lower taxes than one adult for the same income. That's another ~30k difference per year in the breakdown table for the 3 children case. If your tax burden is lower, you can afford a lower wage while bringing in the same net. EDIT: Tax rates in the US are roughly half (except for high income earners, way beyond these living wage estimates would be relating to) when you're married versus single. https://www.irs.gov/filing/federal-income-tax-rates-and-brackets https://www.irs.gov/filing/federal-income-tax-rates-and-brac... Check out the 22% bracket on that page, the range is doubled for married people filing joint versus single. That's a huge savings each year. Tax savings of two married people and any number of kids is a major contributor to why the living wage drops when someone gets married versus is single with the same number of kids.