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Minnesota. Living Wage: $70,115. The term “Minnesota Nice” generally refers to the state’s cordial residents, but it could also be describing the nexus of decent wages and affordable costs ...
Since housing and other necessities make up 50% of a living wage, it stands to reason that states with higher housing costs require more money to earn a living wage. ... Minnesota. $51,668. 22 ...
Minnesota. Annual Living Wage: $62,105. The term “Minnesota Nice” generally refers to the state's cordial residents, but it could also be describing the nexus of decent wages and affordable ...
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.
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 ] The average is higher than the median because there are a small number of individuals with very high earnings, and a large number of individuals with relatively low earnings.
Minnesota. Income needed: $79,971. Check Out: ... “Living wage” is defined as the income required to be able to allocate 50% to necessities, 30% to discretionary/luxury spending and 20% to ...
The federal minimum wage applies in states with no state minimum wage or a minimum wage lower than the federal rate (column titled "No state MW or state MW is lower than $7.25."). Some of the state rates below are higher than the rate on the main table above. That is because the main table does not use the rate for cities or regions.
Here's a look at the living wage you need in every state. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Mail ...