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Minimum Wage Vs. Living Wage

I was really interested in #5 on the Fast Facts in the Money and Success section.  It says, “In no state can a worker afford a one-bedroom apartment on the minimum wage without spending more than 30% of his/her income on housing” (346).

I hear a lot about legislation to increase the minimum wage, and I often hear pros and cons of this.  This reminds me of a 30 Days episode with Morgan Spurlock (creator of the documentary SuperSize Me) in which he and his fiancee live for 30 days on minimum wage jobs.  It’s an eye-opener about just how difficult day-to-day living is on such low incomes.  The episode is embedded below:

asnichol

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