Hourly wage needed for decent apartment is rising everywhere

Rising-RentThe National Low Income Housing Coalition has released its annual report, “Out of Reach.” Connecticut has the eighth-most-expensive housing wage in the country. A housing wage is the amount of money an employee must earn in order to afford a decent apartment. In Connecticut, where our minimum wage is $9.6- an hour, a person must make $24.72 an hour in order to afford a decent two-bedroom apartment. (As with all things, there are some parts of Connecticut that are ridiculously expensive, like the Stamford-Norwalk area, where the housing wage is $37.15, or the Danbury area, where it’s $34.13.)

You can read more here.

And thanks, Kimberley and Leftover, for the link.

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