Asked By: Justin Richardson Date: created: Apr 03 2022

What is a living wage for one person

Answered By: Jonathan Baker Date: created: Apr 04 2022

Living Wage Calculation for California1 ADULT0 Children1 ChildLiving Wage$18.66$40.34Poverty Wage$6.13$8.29Minimum Wage$12.00$12.00.

Asked By: Stanley Price Date: created: Apr 08 2022

Can I live off of 11 dollars an hour

Answered By: Ethan Murphy Date: created: Apr 08 2022

But can someone actually live on $11 an hour? In some markets, the answer is yes, but in many parts of the country, $11 is simply not enough to provide basic needs such as housing, food, clothing, and healthcare.

Asked By: Leonars Brown Date: created: Feb 14 2022

How much do I need to make to buy a $200 K House

Answered By: Caleb Washington Date: created: Feb 17 2022

A $200k mortgage with a 4.5% interest rate over 30 years and a $10k down-payment will require an annual income of $54,729 to qualify for the loan.

Asked By: Dennis Torres Date: created: May 13 2022

What is considered poor salary

Answered By: Brandon Hill Date: created: May 14 2022

The federal poverty line in America is $25,750 for a family of four, except in Alaska and Hawaii, where it’s $32,190 and $29,620, respectively.

Asked By: Nicholas Harris Date: created: Jan 27 2022

Is 50k a year good for a single person

Answered By: Caleb Henderson Date: created: Jan 27 2022

But living on $50,000 a year is a very different story. If you’re single, $50,000 is a pretty healthy salary in some parts of the country. On the other hand, if you’re the sole breadwinner in a family of five, you may have a hard time on $50,000 annually.

Asked By: Aaron Baker Date: created: Aug 24 2021

What is the lowest salary you can live on

Answered By: Robert Johnson Date: created: Aug 25 2021

This popular general budgeting rule allocates 50% of annual income to necessities like housing, 30% to discretionary expenses like travel, and the remaining 20% to savings. The median necessary living wage across the entire US is $67,690. The state with the lowest annual living wage is Mississippi, with $58,321.

Asked By: Timothy Davis Date: created: Feb 04 2022

How much is 40k an hour

Answered By: Michael Moore Date: created: Feb 04 2022

How much is $40000 an hour? $40,000 a year is $19.23 an hour. This is based on working 40 hours every single week for the 52 weeks in a year (2080 hours).

Asked By: Philip Rogers Date: created: May 06 2022

Is making 20 dollars an hour good

Answered By: Gavin Smith Date: created: May 08 2022

Two people who each work full-time and earn $20 dollars an hour have a net take-home of $5200, which is a pretty solid amount for living well in most places!

Asked By: Sebastian Price Date: created: Jan 08 2021

Is 25k a year good for a single person

Answered By: Connor White Date: created: Jan 08 2021

$25k at at age 21 is a barely adequate income for a non-college-educated single person in a low cost part of the country, say on the outskirts of a Texas city or some small city in Florida. It’s really a miserable salary that’s barely above minimum wage.

Asked By: Robert Martinez Date: created: Nov 27 2021

Is getting paid 16 an hour good

Answered By: Tyler Hernandez Date: created: Nov 29 2021

16/hr is fine.

Asked By: Lawrence Jenkins Date: created: Jul 15 2021

Where can you live comfortably on minimum wage

Answered By: Norman Hayes Date: created: Jul 15 2021

You can still live in sunny California and make a living wage: both Bakersfield and Stockton ranked in the top 10 best cities for minimum wage earners….Best cities for a single-bedroom renter living on minimum wage.CityBakersfieldStateCaliforniaPopulation rank52Median monthly gross rent²$7339 more columns•Jun 18, 2021

Asked By: Owen King Date: created: Feb 23 2021

Can you live off of $15 an hour

Answered By: Malcolm Walker Date: created: Feb 26 2021

yes, you can live off $15 an hour…as long as you live in a city with a low cost of living index and do not have dependents. However, depending on how frugal you are, you likely won’t have much money left over at the end of the month for many ‘extras’.

Asked By: Christian Kelly Date: created: Jan 30 2022

Can you live off 12 dollars an hour

Answered By: Edward Reed Date: created: Feb 02 2022

$12 per hour could easily be lived on, even if you had a family. We know a couple with 2 kids who live off of $12 per hr at 20 HOURS per week working for UPS but their groceries, housing and medical is taken care of already.

Asked By: Julian Hernandez Date: created: Feb 08 2022

Can you live off 10 an hour

Answered By: Zachary Sanchez Date: created: Feb 09 2022

Yes, if you live in an area where the cost of living is low, you work sufficient hours, and you have minimal cost of lodging. You may also be eligible for food stamps. So, if you are willing to live a very limited lifestyle, and are in an area where you can get to work with no car, you probably can.

Asked By: Connor Patterson Date: created: Sep 09 2021

Can you live on 13 dollars an hour

Answered By: Bryan Smith Date: created: Sep 12 2021

As you can see, this budget is fairly small, and would be tight, even for a single person, possibly renting an apartment with roommates. I would not suggest buying a house (or even moving out of your parents house, for that matter) on $13 an hour, but you can still save a few hundred per month.

Asked By: Gregory Ward Date: created: May 01 2022

Can I buy a house making 30k

Answered By: Ashton Rivera Date: created: May 04 2022

If you were to use the 28% rule, you could afford a monthly mortgage payment of $700 a month on a yearly income of $30,000. Another guideline to follow is your home should cost no more than 2.5 to 3 times your yearly salary, which means if you make $30,000 a year, your maximum budget should be $90,000.

Asked By: Noah Stewart Date: created: Oct 03 2021

Can I afford a house on 40k a year

Answered By: Adrian Ward Date: created: Oct 03 2021

Take a homebuyer who makes $40,000 a year. The maximum amount for monthly mortgage-related payments at 28% of gross income is $933. ($40,000 times 0.28 equals $11,200, and $11,200 divided by 12 months equals $933.33.)

Asked By: Juan Russell Date: created: Jan 09 2022

Is $30 an hour good

Answered By: Devin Campbell Date: created: Jan 10 2022

To someone who just graduated highscool or even college, a $30 an hour full time position would be a good (possibly great) salary. To an individual with 20 years of experience and multiple advanced degrees, $30 an hour would likely be far below market value.

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