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How Much Does a 2-Bedroom Apartment Cost in Your State? [citylab.com]

 

For most Americans, access to decent, affordable rental housing remains cruelly beyond reach. Only in 22 counties in the United States is a one-bedroom home affordable to someone working 40 hours per week at federal minimum wage.

That’s from the National Low Income Housing Coalition (NLIHC) report, which outlines the mismatch between wages and rent every year.

For people earning minimum wage, the situation is untenable. At $7.25 an hour, they would need to put in roughly 122 hours per week, every week of the year—or magically, work 3 full-time jobs—to afford a two-bedroom home at the national average fair market rent; for a one-bedroom, they would need to put in 99-hour weeks, or the equivalent of two and a half full-time jobs. (Fair Market Rent is an annually updated government estimate, typically the 40th  percentile of the gross rent in an area.)

[For more on this story by TANVI MISRA, go to https://www.citylab.com/equity...droom-mapped/562631/]

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