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Hours at minimum wage needed to afford rent

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by on Mar. 15, 2012 at 10:54 PM
Replies (11-20):
Tanya93
by on Mar. 15, 2012 at 11:31 PM
1 mom liked this

um, yes you can afford a fair market 2 bedroom apartment in my town on minimum wage.




JessT5280
by Member on Mar. 15, 2012 at 11:33 PM

1 bedroom apartments here are over $1000. Low income housing is right now, a 3 year wait list. 


brittonJ
by Member on Mar. 15, 2012 at 11:33 PM

Maybe but not everyone wants to live in low income housing. Here it is REALLY not nice.

Quoting TruthSeeker.:

If you make minimum wage wouldn't you qualify for low income housing?


kailu1835
by Ruby Member on Mar. 15, 2012 at 11:34 PM

 We're at $9 and change/hour.  So that's 1440.  A  2 bedroom apartment here is probably around 700 on the low end, so that would be enough to scrape by after taxes are taken out.  Unfortunately, most apartments require you to make 3 times the amount of the rent, gross, so you still would not be eligible :(

You would however be eligible for low income housing, but there's usually a wait list, and you'd have to be willing to put up with some invasive landlords and investors of said housing coming into your home 4-6 times a year.

Quoting brittonJ:

Min wage here is 7.25 w/ insurance, 8.25 w/o.

At 40 hours a week, that's 1160. By the time taxes are taken out that's JUST enough to pay for a good apartment and NOTHING else.

 

babiesbabybaby development

heidimoose134
by Momma Moose on Mar. 15, 2012 at 11:34 PM
That's pretty much the heart of the problem. There isn't much outside the realm of minimum wage jobs so many who can find work are not much better off anyway.

Quoting kailu1835:

 Minimum wage jobs were not meant to be lived on.  They are meant to be entry level positions.  Unfortunately our economy means a lot fewer jobs outside of the minimum wage arena :(

Posted on CafeMom Mobile
Not_A_Native
by Bronze Member on Mar. 15, 2012 at 11:35 PM

Obviously, this is going to be a statewide average.

In our area here, an older, very small one bedroom will run anywhere from about $1000 to $1500 a month.  My daughter and her boyfriend moved into one a few miles from us.  30 years old.  Tiny kitchen.  No eating area.  Small living room.  Small bedroom.  No linen closet.  $1150 a month - but they do get a parking space!

Not_A_Native
by Bronze Member on Mar. 15, 2012 at 11:35 PM

Oh, and minimum wage here is just over $9 an hour.  Including for service workers who get tips.

heidimoose134
by Momma Moose on Mar. 15, 2012 at 11:36 PM
Ours isn't even open anymore. Completely backed up.

Quoting JessT5280:

1 bedroom apartments here are over $1000. Low income housing is right now, a 3 year wait list. 


Posted on CafeMom Mobile
PEEK05
by on Mar. 15, 2012 at 11:36 PM

Exactly. Even people with degrees are searching desperately for jobs, even minimum wage just because there is such a huge shortage compared to how many people are out of the work force and looking for work. It's not surprising in the least that there are so many people on food stamps, medical insurance, etc. through the government. That's why people who are permanently laid off end up taking lower paying jobs than their previous position because it's so hard to find one to match it. Not saying that it's impossible but it's obviously a reality.

Quoting kailu1835:

 Minimum wage jobs were not meant to be lived on.  They are meant to be entry level positions.  Unfortunately our economy means a lot fewer jobs outside of the minimum wage arena :(



kailu1835
by Ruby Member on Mar. 15, 2012 at 11:44 PM
2 moms liked this

 See, and this is why I have a problem with the numbers when we're talking about jobs gain, and why that's supposed to be indicative of the economy getting better.  People are not getting jobs at the level of pay that they would have gotten several years ago, and a lot of people are getting VERY poor pay compared to what they should be getting :(

Quoting PEEK05:

Exactly. Even people with degrees are searching desperately for jobs, even minimum wage just because there is such a huge shortage compared to how many people are out of the work force and looking for work. It's not surprising in the least that there are so many people on food stamps, medical insurance, etc. through the government. That's why people who are permanently laid off end up taking lower paying jobs than their previous position because it's so hard to find one to match it. Not saying that it's impossible but it's obviously a reality.

Quoting kailu1835:

 Minimum wage jobs were not meant to be lived on.  They are meant to be entry level positions.  Unfortunately our economy means a lot fewer jobs outside of the minimum wage arena :(


 

babiesbabybaby development

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