Search results
Results from the WOW.Com Content Network
Massachusetts residents can expect that the cost of their basic necessities will run a full third higher than the national average when totaled, leaving a sky-high living wage of $85,784 ...
Health. Home & Garden
West Virginia’s median annual salary is $55,217, and while the cost of living there is relatively low, a living wage is still $6,625 more than the typical salary. Sean Pavone / Getty Images ...
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. Needs are defined to include food, housing, and other essential needs such as ...
Troxell claims that failure to index or link this national wage to any relative measure such as the cost of living or the cost of housing (seen as the single most expensive item in the budget of every American) will continue to result in a less than living wage amount, whereas implementing the Universal Living Wage standard would end economic ...
Using the 50/30/20 budget rule, which allocates 50% of income for necessities, the study doubled the total annual expenditure on necessities in order to determine the “living wage” for a ...
Rank County Per capita income Median household income Median family income Population Number of households 1 Washington: $36,248 $79,109 $92,087 238,136
10. Fort Wayne, Indiana. Average annual expenditure cost: $19,137 Average annual mortgage cost: $14,979 Income needed: $68,232 Methodology: In order to find the living wage a single person needs ...