Minimum wage provides below minimum standard of living

By on June 2, 2015
minimum wage

Minimum wage provides below minimum standard of living

minimum wage

In some parts of America, people think a minimum wage should be enough to live off of, other people believe it is not meant to be a living wage. Regardless of what the beliefs are and what should and shouldn’t be, one thing that seems to be an ongoing problem is that most Americans don’t make enough to pay rent, nonetheless support their families.

 

According to the National Low-Income Housing Coalition, most Americans have to work roughly between 61 and 79 hours per week and earn at least $19 per hour versus the average $7.25 in order to spend less than 30% of their income on housing, which is what personal finance adage advises us to do.

 

In states like California, New York and Washington D.C., where rent is some of the highest in the nation, workers would need to earn more than $25 per hour, and in Hawaii, $32 per hour.

 

“Those who put more than half their income towards rent are forced to choose which bills they can pay, which necessities, food or healthcare, they will forgo to avoid getting evicted or becoming homeless,” Oregon Gov. Kate Brown said. “More must be done to ensure families have the option to live in decent, affordable homes located near their jobs.”

 

There is only so much one can control when it comes to trying to affect the minds inside the White House, but a community can only fight for what’s right and continue to try and find better paying jobs.