What is a Living Wage? Explaining How to Find and Understand an Area's Living Wage
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Author
Weaver, Russell
Greer, Ian
Abstract
[Excerpt] A living wage is simply the minimum hourly amount that a full-time worker must earn to afford basic necessities. In this case, a full-time worker is defined as someone who works at least 2,080 hours a year. Because the costs of basic necessities are so different in different places living wage only makes sense for a particular location. The living wages of a big metropolitan city will be different from those of a rural community.
Date Issued
2024-01-16
Publisher
Cornell University, ILR School, Center for Applied Research on Work
Keywords
Type
report
