California Minimum Wage Vs Cost Of Living, What Is A 15 Wage Really Worth Depends Where You Live Pew Research Center
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In the years leading up to 1980 full time minimum wage earners could afford to pay for a median priced dwelling and their utilities while only being moderately burdened.
Marijuana legalization map us. Monthly incomes for a full time minimum wage employee. But from 1980 to 1990 this scenario changed drastically and has been relative. See what youll need to earn to keep your current standard of living wherever you choose to work and live.
It contains patches in green where the cost of living is actually lower. Rents looks like this. But know that our editorial integrity and transparency matters most and our ratings arent influenced by compensation.
First we tracked down the current state minimum wages as of january 1 2020. We are committed to full transparency in our mission to make the world smarter happier richer. Compare the cost of living in california against another us state.
The worker would be able to pay 780 a month in rent. Pwe were curious if data could shed some light on the issue. If you take the national average for minimum wage 908hr as a percentage of the average national living wage the wages would cover 74 of the living wage for 1 adult and 34 of the living wage for a single income family of four.
Minimum wage income 40 hrs per week vs median rents 2016 dollars. Comparing rental costs vs. The third comprises the dover metro area where the cost of living is between the other two.
Only twice in 1968 and 1974 did the inflation adjusted minimum wage exceed 1000 per hour. For single adults the map shows that washington state where the minimum wage is 932 is a sort of living wage oasis. From this perspective californias state minimum wage 900 per hour finds itself placed almost exactly at the median in terms of historical federal minimum wage levels expressed in 2015 dollars.
The situation wont improve much even when the minimum wage hits 15 in 2022 or 2023 if employed by a company with 25 or fewer workers.
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