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A looser definition of a good salary for a working adult with a working partner and a child, based on the MIT Living Wage Calculator, could be somewhere in the neighborhood of $129,800.
Somerset County has the highest living wage threshold. Find out the threshold for your county for single adults and for couples with or without kids.
Comparing the cost of living between two cities You can easily compare the cost of living in one city to another by using Bankrate’s cost of living calculator.
Living wage. 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. Needs are defined to include food, housing, and other essential ...
The LWC uses a complex methodology to determine a living wage, which it defines as “what one full-time worker must earn on an hourly basis to help cover the cost of their family’s minimum ...
The study looked at data from MIT’s Living Wage calculator to determine the income needed for a family of four to live comfortably in major U.S. cities.
The coalition in 2015 launched its living wage campaign to increase wages for Alachua County's 10 top employers, which includes SFC. Since then, the University of Florida, city of Gainesville, Alachua County and school district have increased wages.
According to the Living Wage Calculator, the living wage for the city is US$19.73 per hour (or $41,038 per year) for an individual and $37.14 per hour ($77,251 per year) for a family of four. [65]