What’s the Living Wage in Florida?
Have you ever wondered if you make a living wage? Each state has different numbers. So, what kind of money do you need to make to earn the living wage in Florida? Not only is every state different, but the numbers are always changing, due to inflation. That said, here are the latest figures.
Livingwage.mit.edu has published the numbers for the living wage in every state. If you’re wondering what it means to make a living wage, “The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family,” they explain. “The assumption is the sole provider is working full-time (2080 hours per year).” Their research also features data for a variety of situations. For example, they have data for households where two adults are working, as well as for people without children and with children. Their stats also include the current state minimum wage, so you can see how it stacks up to the living wage.
The Living Wage in Florida
So, what’s the living wage in Florida? Here are the numbers, so you call tell if you make the cut. Currently, according to Livingwage.mit.edu, the living wage for someone with no children in our state is $17.02. If you have one child, that goes up to $35.98. If you have two children, that raises to $45.96. For three children, it’s $60.66. This is for hourly wages. Also, if you have two adults with only one working, the living wage is $27.71 with no children. It’s $34.27 with one child, $39.04 with two children and $43.84 with three children.
Now, here’s information on the poverty wage. Here, for a single person, the poverty wage is $6.53 with no children, $8.80 with one child, $11.07 with two children and $13.34 with three children. As for the state minimum wage, it’s currently $11.00. Find more on the living wage in Florida here.