Fact: Minimum Wage Won't Even Get You Rent

[farchivist.livejournal.com]

Addition: Before you say "Oh hey, in a month at minimum wage, I get 160 hours.", keep in mind that cost of housing should never be more than 20-30% of your monthly income.

Comments

[mylaptopisevil.livejournal.com]

Shit at my salary I can't afford a 2 bedroom in NYC.

(Which really just means people at minimum wage are EXTRA screwed.)

[pacotelic.livejournal.com]

Hello overcrowding and code violations my old friends.

[telemann.livejournal.com]

I've met people that pay 3500 a month for a boring apartment in Battery Park City. I mean I know location is everything, but that's insane.

[mylaptopisevil.livejournal.com]

Paying $1,350k/mo for a 1br in Kensington. Could probably find a similarly-sized place in the area for $1,200 if I tried/felt inclined to move.

[awdrey-gore.livejournal.com]

Holy crap. That is more than our mortgage for a four bedroom, 2.5 bath house. Of course, I live out in Hooterville, so location location location and all, but damn!

[lafinjack.livejournal.com]

$1,350k/mo for a 1br in Kensington.

For $1.3 million that better be a pretty nice place.

[michael barnett (from livejournal.com)]

hah good catch.

[mylaptopisevil.livejournal.com]

You'd be amazed what people pay for in building laundry!

But yes, typo, heh.

[lafinjack.livejournal.com]

And covered parking.

[michael barnett (from livejournal.com)]

We pay 850 Euros ($1110) + 53 Euro ($69) condo fee for 220 m2 (2370sq f) in the affluent area of downtown Palermo.

Anyone who can work from home or across the internet, etc. ought seriously to consider moving somewhere like this.

[fornikate.livejournal.com]

with what money?

[drivebyluna.livejournal.com]

Unfortunately some of us have jobs that require us to work in the United States or Canada.

[drivebyluna.livejournal.com]

And yet I keep trying to convince my husband we should move there because it's cheaper than living in the bay area :-/