How much does a single person need to make to live in Los Angeles?
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How much does a single person need to make to live in Los Angeles?
The website Gobankingrates.com jumped in and did the math for us in their piece, “How Much Money You Need to Live Comfortably in the 50 Biggest Cities”. They calculated an annual income of $74,371 was about right for the average person to live comfortably in Los Angeles.
Is it possible to live in LA on minimum wage?
Can you live in Los Angeles on a minimum wage? Yes. In fact, you can live there with no money or job – If you’re willing to sleep in a tent downtown, crap in the street, assault people at random, use drugs, and don’t mind waiting for your free hypodermic needles.
How can I live alone cheap?
Done With Roommates? 48 Ways to Afford Living Solo
- Learning the rental market. Read the ads for a sense of what places cost in your area.
- Live at home, briefly.
- Watch for “move-in specials”
- Think small.
- Track your spending.
- Create a budget.
- Ask why you buy.
- Build an emergency fund.
What is the minimum wage in Los Angeles CA?
If the violation affects numerous employees, a wage and hour class action lawsuit may be appropriate. But many cities and counties in California have a higher minimum wage. For example, in the City of Los Angeles as of January 1 2021, the minimum wage is $15.00 per hour. 1 2 3 1. What is the minimum wage in California? 2.
Is the minimum wage an absolute floor in California?
The minimum wage is an absolute floor on wages in California. Like other important California wage and hour laws such as California overtime laws, minimum wage laws may not be waived by agreement between employers and employees. 3. Are there exceptions to minimum wage requirements in California?
How much does it cost to live in a living wage?
Even those making the minimum wage and living above the poverty level aren’t making a living wage. For example, the cheapest city in the country is Harlington, Texas. The MIT living wage calculator says that a single person must earn $10.47 an hour to afford to live there.
How much money do you need to live in a city?
The MIT living wage calculator says that a single person must earn $10.31 an hour to afford to live there. That covers the average housing, medical, food, and transportation costs. If the national minimum wage isn’t a living wage in even the cheapest city in the country, it’s not a living wage anywhere.