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

[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.