Thursday, March 1, 2012

Laughable Wage Calculation

  Who can afford to eat for only $232 a month?  Click this link to see the "livable" and laughable wage calculation in your area....HERE

Living Wage Calculation for Corvallis, Oregon

Hourly Wages One Adult One Adult, One Child Two Adults

Living Wage $8.39 $16.44 $12.87

Poverty Wage $5.04 $6.68 $6.49

Minimum Wage $7.95 $7.95 $7.95


 Monthly Expenses
One Adult One Adult, One Child Two Adults

Food $232 $378 $448

Child Care $0 $572 $0

Medical $76 $151 $152

Housing $601 $749 $601

Transportation $232 $397 $464

Other $188 $369 $376

Monthly After-Tax Income That's Required $1,329 $2,616 $2,041

Annual After-Tax Income That's Required $15,948 $31,392 $24,492

Annual Taxes $1,511 $2,797 $2,281

Annual Before Tax Income That's Required $17,459

3 comments:

  1. all of a sudden I feel like im doing rather well... sad statistics for sure-

    ReplyDelete
    Replies
    1. No kidding Fish Tales, something like this will put things into perspective, huh?

      Delete