MIT says the living wage in 2022 before taxes for a family of 4 in the U.S. is $104,077 a year. That's a livable wage. The lowest is $88,720, in Texas and the highest is $147,248 in San Jose.
In my hometown, the living wage for 2 adults, no children, are as follows;
Food - $7,352
Medical - $6,655
Housing - $9,634
Transportation - $9,634
Civic - $5,878
Other - $8,394
Required income after taxes - $47,678
It's a little curious that transportation and housing are the same. And that seems pretty low for housing. Maybe they aren't including property tax and insurance. Also, I think we spend more than that on food, annually. My fella and I are doing pretty good considering one of us is already retired.
You can go here, https://livingwage.mit.edu/ to find yours.
It's interesting.
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