Table of Contents
What is a livable wage in CA?
Living Wage Calculation for California
1 ADULT | 2 ADULTS (1 WORKING) | |
---|---|---|
0 Children | 1 Child | |
Living Wage | $18.66 | $36.85 |
Poverty Wage | $6.13 | $10.44 |
Minimum Wage | $12.00 | $12.00 |
Is minimum wage livable in California?
Across many states, minimum wage is enough to keep singles and some small families above the poverty line, but well below the salary required to pay all basic expenses. For California as a whole, the living wage (in the hourly amount) for on adult with no kids is $18.66.
What is $16 an hour annually?
If you make $16 per hour, your Yearly salary would be $31,200. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 37.5 hours a week.
What is a livable wage in Texas?
The minimum wage is $7.25 an hour, which does equate a livable wage and would set a full-time worker earning that wage below the federal poverty line of $26,200 for a family of four. A livable wage in the least expensive city in the United States, Harlington, Texas, is $10.47 an hour.
What is the Living Wage shown?
The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family. The assumption is the sole provider is working full-time (2080 hours per year). The tool provides information for individuals, and households with one or two working adults and zero to three children.
What does livable wage mean in economics?
a tile for details. The livable wage, also known as the living wage, is defined as the amount of income determined to provide a decent standard of living. In public policy, advocates define the living wage as the minimum income necessary for a worker to meet their basic needs.
What is the livable wage in New York State?
New York state has the fifth-highest livable wage of $59,128. It is well-known that New York City is the most expensive city in the United States, but the rest of the state is pricey as well. Kentucky has the lowest livable wage in the United States of $43,308, followed by Arkansas of just $44,571.