New Jersey ranks as fourth most expensive state in which to live (Newark: sale, apartments)
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Wow why did I go to college?!?!? I should of moved to PA and worked at the post office
Pennsylvanians fare much better than New Jerseyans with a two-bedroom apartment’s fair market rent running $837 and a housing wage of $16.09. A household must earn $2,790 monthly, or $33,476 annually, to avoid paying more than 30 percent of their income on housing.
A minimum-wage worker would have to work 89 hours a week all year to afford a two-bedroom apartment at the fair market rate.
Wow why did I go to college?!?!? I should of moved to PA and worked at the post office
Pennsylvanians fare much better than New Jerseyans with a two-bedroom apartment’s fair market rent running $837 and a housing wage of $16.09. A household must earn $2,790 monthly, or $33,476 annually, to avoid paying more than 30 percent of their income on housing.
A minimum-wage worker would have to work 89 hours a week all year to afford a two-bedroom apartment at the fair market rate.
but what jobs in NJ pay minimum wage? a cashier at wal-mart in kearny NJ makes $9/hr to start. not saying they are living large, but i'd wonder how many jobs pay just minimum wage.
but what jobs in NJ pay minimum wage? a cashier at wal-mart in kearny NJ makes $9/hr to start. not saying they are living large, but i'd wonder how many jobs pay just minimum wage.
I was thinking the same thing. The article seemed to use federal minimum wage as the guideline for determining their figures without basing it on real incomes in NJ. Sure, it is more expensive to live here, but wages are also higher, something the article failed to take into account. For instance, while NJ ranks as the 4th highest state on their list, it is also the 2nd highest average income nationally.
They go on to list Hawaii, California, Maryland and D.C. as all being higher on their list than NJ. More troubling is that those states average income rank; 7th, 9th and tied for 8th respectively.
Basically, I think their method is flawed and was basically a "research" cover piece to argue that we need more affordable housing and need to allocate more money to that purpose.
I was thinking the same thing. The article seemed to use federal minimum wage as the guideline for determining their figures without basing it on real incomes in NJ. Sure, it is more expensive to live here, but wages are also higher, something the article failed to take into account. For instance, while NJ ranks as the 4th highest state on their list, it is also the 2nd highest average income nationally.
They go on to list Hawaii, California, Maryland and D.C. as all being higher on their list than NJ. More troubling is that those states average income rank; 7th, 9th and tied for 8th respectively.
Basically, I think their method is flawed and was basically a "research" cover piece to argue that we need more affordable housing and need to allocate more money to that purpose.
and why does someone making minimum wage need to afford the median rent? wouldn't that just make median rent higher? to look at the lowest income earners, and say they would struggle to afford median rent is possibly one of the dumbest conclusions i've seen in any study.
It should be a state , Congress is always short changing DC.
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