Rent Affordability on Minimum Wage – NYTimes.com

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Rent Affordability on Minimum Wage – NYTimes.com.

But even if you quibble with how exactly the Coalition put the chart together, it’s clear that there’s a mismatch between the minimum wage and the cost of living (or at least a decent cost of living). In New York, which is in the midst of a fight over raising the minimum wage, two individuals would need to work 68 hours a week each to manage the rent on a two-bedroom unit. If they have kids, the 70 percent of their paychecks left after rent won’t get them very far.

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