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Originally Posted by HungLikeJesus
I wonder of those are based on federal minimum wage (which I think is currently $7.25/hr) or state minimum wage?
I think the table is in error. Here's an example - Colorado minimum wage is $7.64/hr and the table indicates you would need to work 85 hours per week to afford an apartment. That comes out to be $649/week, or $2814/month.
Maybe they mean after taxes, or after taxes and groceries and gas and all other expenses.
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Rent is usually monthly. I got the impression the number was how many hours a month for the rent. Also, nobody could do it in a week on Minimum wage, no matter where you live.
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