Would you rather have 3 roommates or 4 jobs? What it takes to afford rent on minimum wage
Publishing timestamp: 2023-02-09 11:00:34
Summary
Zillow research found that it would take four full-time minimum wage workers to afford a two-bedroom apartment in the US. In some cities, even with a higher minimum wage, three full-time jobs are needed to afford a two-bedroom apartment. The ideal situation would be a city with high wages and low rents, but such a city is hard to come by. Five cities with the most and fewest number of jobs needed to afford a two-bedroom apartment are listed.
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Tickers: ZG,
Keywords: united states, zillow group inc, seattle,
Source: https://www.cnbc.com/2023/02/09/what-it-takes-to-afford-rent-on-minimum-wage.html