From the Economic Policy Institute (http://www.epi.org/):
EPI released an update to its signature Family Budget Calculator, which shows what’s required for families to attain an adequate—but modest—standard of living in communities throughout the country. The updated calculator contains data on the cost of living for 10 family types in all 3,142 counties (and county equivalents) and in all 611 metro areas. The Family Budget Calculator is a stark reminder that many workers in low-wage jobs do not earn enough to meet their family’s basic needs. Even after adjusting for higher state and city minimum wages, there is nowhere in the country where a minimum-wage worker—even a single adult without children—earns enough to meet the requirements of their local family budget.
See where your metropolitan area stands at https://www.epi.org/resources/budget/.
Leave a Reply