Comment on California voters to consider raising minimum wage to $18 with Proposition 32
sp3tr4l@lemmy.zip 5 weeks ago
rentalrealestate.com/data/rent/california/
Avg Studio Apartment Rent: $1575
Required Hourly Wage for rent to be 1/3 of income, working 40 hrs a week (taxes ignored): $29.54
Avg One Bed Rent: $1724
Required Hourly Full Time Wage (Ignoring Taxes): $32.33
Avg Two Bed Rent: $2,161
Required Hourly Full Time Wage (Ignoring Taxes): $40.52
…
So basically, you can afford a studio apartment on a full time min wage job if you share it with someone who works about 20 hrs a week at min wage…
… all ignoring taxes on your income.
kemsat@lemmy.world 5 weeks ago
That’s if you can find a studio. All I could find by me was 1 & 2 bedrooms.