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TopicWhat wage is good wage?
wolfy42
08/30/17 9:23:25 PM
#23:


Varies greatly depending on the cost of living where you are.

There are quite a few places you can't get a 1 bedroom for less then $1000 a month, and a few places where you can't get one for less then $1500.

A normal human should have at least $100 to spend on food a week and be comfortable (That includes eating out/coffee etc). Less then that is certainly possible, but I would not call that living comfortably.

Additional expenses (utilities/cable/internet/transportation etc), is going to be another $200 at least for anyone trying to live fairly comfortably as well.

Say $200 additional for random expenses/fun etc just so all that work your doing is actually worth something and you don't feel like a slave.

So go with the 1k a month for rent, 400 for food, 200 for utilities etc and 200 for spending, and you have a bare minimum of $1800 average.

Divide $1800 by 160 (40 hours a week for 4 weeks) and you end up with about $12/hr.

So the bare minimum should be about 12/hr, although honestly many min wage jobs will not give you 40 hours a week anyway. In some areas you can rent for a bit less, so a $10-11 rate would work, in others you would need more like $15 an hour just to live.
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