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While Kentucky has a low cost of living that’s largely in line with states such as Indiana, Illinois and Iowa, the median salary of just $60,183 leaves a $6,646 gap in a living wage despite ...
State 2022 2023 2024 [1] [5] ... List of countries by minimum wage; Living wage; ... Wage theft (Act by employer of failing to pay wage per contract or legal required)
Rounding out the top five least expensive states to live are Oklahoma, Alabama, Kansas and Arkansas, all requiring less than $47,500 to earn a living wage. Mississippi Oklahoma
“Living wage” is defined as the income required to be able to allocate 50% to necessities, 30% to discretionary/luxury spending and 20% to savings. All data was collected on and up to date as ...
The first table contains a list of U.S. states and territories by annual median income. The second table contains a list of U.S. states and territories by annual mean wage. Information from an unknown source; Average wage in the United States was $69,392 in 2020. [1] Median income per person in the U.S. was $42,800 in 2019. [2]
Cost of a basic but decent life for a family [1] [2]. A living wage is defined as the minimum income necessary for a worker to meet their basic needs. [3] This is not the same as a subsistence wage, which refers to a biological minimum, or a solidarity wage, which refers to a minimum wage tracking labor productivity.
The highest state minimum wage in 2024 will be Washington state, at $16.28, up from $15.74. A close second is California, which is raising its minimum to $16 from $15.50 on January 1.
Kansas City set up a voluntary living wage program for employers to register. In 2022, the living wage is $15.00. [263] Montana: $10.55 $10.55 Minimum wage rate is automatically adjusted annually based on the U.S. Consumer Price Index. Income from tips cannot offset an employee's pay rate while same minimum wage applied for both tipped and non ...