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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.
“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 ...
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 ...
Applying these costs to the 50/30/20 budget for 99 of the largest U.S. cities, MIT’s living wage is assumed to cover needs (i.e. 50% of one’s budget). From there the total wage was ...
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 ...
Universal Living Wage (ULW) is an ongoing campaign, launched by Richard R. Troxell, to revise the federal minimum wage and its random selection of a wage rate that causes economic homelessness across the United States. [1]
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 ...
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 ...