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Could you afford rent on a minimum wage salary?

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Evan Rodd, PayScale

“Should we raise the federal minimum wage, and if so, how high?” This has been a popular topic of conversation in recent months, especially as wages and profits are beginning to increase across various industries. 

A recent post on UpWorthy by the National Low Income Housing Coalition outlined how many hours one would need to work in each US state in order to afford a two-bedroom apartment at Fair Market Rent. Even in states where the minimum wage exceeds the federal minimum wage, it seems the average workweek would have to be around 80 hours, with some states going well over 100. In California, one would have to work 129 minimum wage hours per week to afford rent, and in New York it’s 139 hours. It seems in these states, even earning double the minimum wage won’t let you have a 40 hour workweek.

What do you think, should we raise the federal minimum wage?

2 Comments

  1. 2 sally 06 Aug
    Ditto Dorothy . . . see Wall Street Journal's article on the Standard & Poor's report of stagnating growth if the "rich get richer" and the middle class sinks. When the middle class fails, so goes the country. Why people don't see that or want to believe it is beyond me.
  2. 1 Dorothy Freeman 19 Mar

    We desperately need to improve the situation of the minimum wage earner.  We also need a shift in business management to caring about employees being able to reach middle class living standards (growing the middle class again in America).  The benefits of the hard work of all employees are being horded by the company elite, top management.  

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