Is 30 Dollars An Hour Good In California State minimum wages are determined based on the posted value of the minimum wage as of January one of the coming year National Conference of State Legislatures 2019 The poverty rate reflects a person s gross annual income We have converted it to an hourly wage for the sake of comparison
655 deleted 2 yr ago TitularFoil 2 yr ago I m at 21 hr and I spend all my money on gas to get to this pretty damn good paying job and rent 11 JarthMader81 2 yr ago I make close to 60 an hour and consider myself lower middle class based on the current housing prices rent in California 1 Robotic space camel 7 mo ago Is it much of a choice though 100k is like 65k net 5400 mon figure the standard 30 20 50 split for expenses and that s a 1600 budget for rent if you still want to eat well and save for retirement
Is 30 Dollars An Hour Good In California
Is 30 Dollars An Hour Good In California
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Thirty dollars an hour may not sound like a lot to you but when you calculate it as an annual salary you ll see that it s a livable wage Here s everything you must know about making 30 dollars an hour and how to calculate your income 30 Dollars an Hour is How Much a Year The numbers below represent the hourly wage a household in each state must earn in order to afford to rent a two bedroom property at the state s fair market rent for less of 30 percent of their
In California where the cost of living is notoriously high 30 an hour can be considered a good salary depending on where you live and what your expenses are According to the Bureau of Labor Statistics the mean hourly wage in California is 32 77 as of May 2020 Therefore 30 an hour is only slightly lower than the average hourly wage Today families and individuals working in low wage jobs make too little income to meet minimum standards of living in their community We developed the Living Wage Calculator to help individuals communities employers and others estimate the local wage rate that a full time worker requires to cover the costs of their family s basic needs
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Use Gusto s hourly paycheck calculator to determine withholdings and calculate take home pay for your hourly employees in California Simply enter their federal and state W 4 information as well as their pay rate deductions and benefits and we ll crunch the numbers for you Salaried employee Switch to salary Hourly Employee The federal minimum wage is 7 25 per hour while California s state law sets the minimum wage rate at 15 5 per hour in 2023 Demands for a living wage that is fair to workers have resulted in numerous location based changes to minimum wage levels View future changes in the minimum wage in your location by visiting Minimum Wage Values in
It is well established that California is an expensive place to live For example the average cost of living in the Golden State is roughly 50 higher than the national average These elevated costs are primarily driven by California s ridiculous housing market which offers homes at an average price now of over 800 000 That is more than double the US average of around 300 000 15 91 Ranked in the US 40 Minimum Hourly Wage help 7 25 Ranked in the US 32 The livable wage in Alabama is 15 91 per hour The state s lower livable wage can be attributed to its lower cost of living compared to some other states
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Is 30 Dollars An Hour Good In California - Today families and individuals working in low wage jobs make too little income to meet minimum standards of living in their community We developed the Living Wage Calculator to help individuals communities employers and others estimate the local wage rate that a full time worker requires to cover the costs of their family s basic needs