Have we even figured out "liveable " means when people say liveable wage? Let's assume for arguments sake that someone making minimum wage should be able to live off that. What is the baseline when we say liveable?
- where can they live? Ghetto, middle class, or upper class neighborhoods?
- How much is needed for things like utilities, food, and other expenses minus entertainment?
As one poster mentioned, a mid level apartment was like $2700. Let's add utilities, transportation, and food an extra $1500 for a total of $4200 per month just to live. Wouldn't a liveable wage be somewhere around $40hr. What will happen then?