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Missouri. Living Wage: $65,152. Residents of the Show Me State have a median annual income of $65,920 — which just covers their living wage, and in general, it’s a state where a dollar goes ...
While the cost of living in New Hampshire drives up its living wage to nearly $68,000 a year, the state also has a lot of residents with higher incomes, leading to a median salary of $76,768 a year.
According to MIT’s Living Wage Calculator, the minimum wage to cover a childless adult’s basic living expenses in Kansas City is $16.75 per hour. The minimum wage to support a family of four ...
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.
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.
Click on states on that map to see exact minimum wage info by state. ... Missouri 12.30 Montana 10.30 Nebraska 12.00 Nevada 12.00 New Hampshire 7.25 New Jersey
Compare this to the state’s 2022 median household income of $48,610, and the graphic’s standard of living appears practically unachievable for most families. Massachusetts, which is identified ...
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.