Living Wage Calculator: Why Current Calculations Are Too Low
Living wage calculations are too low to ensure a decent standard of living. Here’s why it matters…
- Select your region.
- Enter your household size.
- Click ‘Calculate’.
The calculation uses the MIT Living Wage Calculator methodology…
| Region | Household Size | Living Wage |
|---|---|---|
| New York, NY | 2 | $31.19 |
| London, UK | 2 | £18.75 |
| Region | Minimum Wage | Living Wage |
|---|---|---|
| United States | $7.25 | $16.87 |
| United Kingdom | £8.91 | £18.75 |
- Consider using real living wage.
- Advocate for higher minimum wages.
Why are living wage calculations important?
Living wage calculations are crucial for ensuring fair compensation…
For more information, see the BLS CPI and UK Office for National Statistics.