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re: What's your definition of a livable wage?

Posted on 6/1/15 at 9:11 am to
Posted by seawolf06
NH
Member since Oct 2007
8159 posts
Posted on 6/1/15 at 9:11 am to
Livable wage likely doesn't include any retirement or savings inputs. I would also assume it uses rent costs so that you don't need to account for home/residence expenses.
Posted by The Spleen
Member since Dec 2010
38865 posts
Posted on 6/1/15 at 10:04 am to
quote:

Livable wage likely doesn't include any retirement or savings inputs


I would agree. I think it's whatever wage is needed to meet basic living expenses - rent, basic utilities, food, basic transportation, and maybe healthcare. It's an impossible number to pinpoint because those expenses can be so varied from town to town and person to person.
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