Wall Street Journal cost of living.

Train Operator since 2003's picture

http://blogs.wsj.com/developments/2015/05/19/report-minimum-wage-in-u-s-...

There is no US state where the minimum wage will pay the rent: At least 60 to over 80 hours a week needed for market-rate one bedroom apartment
A San Francisco household would need to make $39.65 an hour to afford the market rent for a two-bedroom apartment, according to a new report that highlights a wide gap between stagnant incomes and rising rents in many parts of the country.
Around the country, renter households would need to make $19.35 an hour working full time to afford a two-bedroom unit, which is $4 more than the estimated average wage of U.S. workers, according to the report released Tuesday by the National Low Income Housing Coalition.
Rental affordability has grown as a challenge in recent years due to a number of factors, including increasing demand as more people choose to rent or are forced to because they can’t get mortgages; a relative lack of rental construction in recent years in comparison to past cycles; and stagnant wage growth.
There is no state in the country where someone earning either the state or federal minimum wage can afford a market-rate one-bedroom apartment, according to the report. A minimum wage worker would need to work 86 hours per week to afford a one-bedroom apartment.
The researchers looked at much a family would need to make to keep its rental costs at a reasonable level–30% of its income–to afford rent and utilities on a modest rental unit in a short amount of time, as defined by the Department of Housing and Urban Development.

San Francisco was the most expensive metropolitan area, followed closely by Stamford-Norwalk in Connecticut, where a typical two-bedroom apartment demands that income earners in the household make a combined $37.37 an hour working full-time, according to the report.

The most difficult state in which to afford rent was Hawaii, where a household would need to make $31.61 an hour to afford a two-bedroom rental, meaning you would need to work more than 4 full-time jobs at minimum wage to afford an apartment.
Close behind were Washington, D.C., where households need to earn $28.04 to afford a two-bedroom apartment, and California, where rent demands a household earn $26.65 an hour. In both of those places, households would need to work three minimum-wage jobs to make rent on a two-bedroom home.
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And people still believe I'm overpaid at $31/hr. Middle class income single parent with 1 pre-teen and people flame and hate.

Great post T/O. I haven't been here in a while, but I check in every now and then. Your'e right about the flame and hate crowd. They all come out around contract time when they realize all the crappy choices they made in their own lives. For some reason when you say to someone "we live in a free society, and we all pay each others wages." they just glaze over. Maybe its envy, or an anger issue un-related to the topic of O.P.M.(other peoples money) but it gets old quickly. I cannot imagine myself barking at the cashier at Safeway regarding the price of corned beef, but that is exactly what they are all saying when they get MAD and start typing here. I refuse to be compared to some of my co-workers who only do something when they're told, and have no self initiative. That is the down side of being at a union job. Most of the people I work with are willing to the little extras that are sometimes needed to make the AM commute go well. There is always a couple of slackers, though as is true at any workplace. I earn my money and most nights am sweaty when I clock out. I even think we should be making more $ at this point, but man...you just can't explain BART's crappy tactics and garbage can cut-throats that currently occupy the upper tiers of management here to someone on the outside. They just never listen, or believe. I guess since they have to put in so much of their soul to their jobs(careers) that it makes them crazy when they see an agent on a break. We must be over paid! The truth is, it is somewhere in the middle and its the union(cant be fired) aspect that flames them out. BART does fire people at times. You cannot look for a line in the sand if your'e the one with no respect for it. Good riddance to them. I understand very well how tough it is out there in the private sector, I spent 15 yrs in it. I feel fortunate to have my job(NOT CAREER)however it alone does not pay my rent. A second income is definitely a must or live in Modesto. YIKES!.The next contract will be even more sinister and ugly than this last one. Scary thought when they can kill 2 people and not only get away with it, but the guy got a raise and promotion!.....Kinda makes ya wonder if BART would hire BARTARDED off the street and pay him 300k to be an ACTO!! Wow, did I digress, or what?

Train Operator since 2003's picture

The problem with people in the private sector is that the real middle class is being crushed down to
the haves and have naughts. We, the third lowest paid employees in the entire district are the ones
the public sees on a daily basis. We are literally at the line dividing middle class from the have naughts.
The American dream is pulling away from them and we are the last faces they see as the divide widens.