Living Wage Calculator

#1

Post by dsr12 » Fri, Apr 26, 2019, 7:38 AM UTC

Living Wage Calculator
livingwage.mit.edu

Re: Living Wage Calculator

#2

Post by dang » Sat, Apr 27, 2019, 8:57 PM UTC

Discussed in 2008: https://news.ycombinator.com/item?id=363815

Re: Living Wage Calculator

#3

Post by Sutanreyu » Sun, Apr 28, 2019, 5:18 AM UTC

I checked the stats for my current city and I have to question just how their calculating their housing costs... It's not even close to what's actually on the market at the moment.

Re: Living Wage Calculator

#4

Post by nraynaud » Sun, Apr 28, 2019, 5:32 AM UTC

Sutanreyu wrote: post #3

I checked the stats for my current city and I have to question just how their calculating their housing costs... It's not even close to what's actually on the market at the moment.

I just checked, I live in Phoenix, in maricopa county, I’m pretty sure lumping together people living in Maricopa, Phoenix and the suburbs is not valid, you can’t commute across the county, it’s not a single market.

Re: Living Wage Calculator

#5

Post by [deleted] » Sun, Apr 28, 2019, 6:22 AM UTC

[deleted]

Re: Living Wage Calculator

#6

Post by 8draco8 » Sun, Apr 28, 2019, 6:22 AM UTC

Sutanreyu wrote: post #3

I checked the stats for my current city and I have to question just how their calculating their housing costs... It's not even close to what's actually on the market at the moment.

As stated above, this site was actually linked on HN in 2008, that's 11 years ago, I don't think they ever updated it with recent data.

Re: Living Wage Calculator

#7

Post by alok-g » Sun, Apr 28, 2019, 6:26 AM UTC

The following is much more useful, and covers many more cities across the world:

https://www.numbeo.com/cost-of-living/

Re: Living Wage Calculator

#8

Post by apoph3nia » Sun, Apr 28, 2019, 6:41 AM UTC

dang wrote: post #2

Discussed in 2008: https://news.ycombinator.com/item?id=363815

The discussion is probably more relevant now than it was in 2008 re: expansion in the ridiculous 'gig economy' sphere since then.

Re: Living Wage Calculator

#9

Post by cmchien » Sun, Apr 28, 2019, 6:41 AM UTC

8draco8 wrote: post #6

Sutanreyu wrote: post #3

I checked the stats for my current city and I have to question just how their calculating their housing costs... It's not even close to what's actually on the market at the moment.

As stated above, this site was actually linked on HN in 2008, that's 11 years ago, I don't think they ever updated it with recent data.

Per this technical documentation link, the data is supposed to be current to 2018:

http://livingwage.mit.edu/resources/Living-Wage-User-Guide-a...

Re: Living Wage Calculator

#10

Post by 8077628 » Sun, Apr 28, 2019, 6:56 AM UTC

I agree this seems low. Both housing and additional expenses. How do I know if I'm the victim of an hedonic treadmill?