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MIT Living Wage Calculator

livingwage.mit.edu

11–20 of 305 posts

Re: MIT Living Wage Calculator

#11

Does this base itself on the metric started in 1963, that was eseentially a big guess that 3x starvation level was well off? because we have better numbers now. Avg us salary is 60k, but to take car of the needs of a family of 4, not in starvation range is ~$160k/year

https://livingwage.mit.edu/pages/methodology

Re: MIT Living Wage Calculator

#12
Housing data is flawed. Even if you’re single, no kids, you’re limited to what is available and 1 bedrooms in my state can’t be had for less than $1500/mo anywhere in the state. Yet this says housing costs annually would be $12000. How? I think the data this is based off of is super stale.

Re: MIT Living Wage Calculator

#13

2080 hours per year! That's 52 weeks of 40 hours per week. It's also inhuman. Here in Norway we have five weeks of holiday plus various public holidays and only 37.5 hours per week adding up to about 1700 hours per year.

Yeah, oil nations are different. Norway's resources are well-managed, but oil nations with outsourced defence just have different constraints.

Re: MIT Living Wage Calculator

#15
There is something wrong with the transportation cost. I live in a poor rural county, and it says the 0-child transportation cost is $10k+. People's trucks here don't even cost that much, and they don't drive far. I see it counts as 2 working adults, but it's still grossly inflated.

Re: MIT Living Wage Calculator

#16

Does this base itself on the metric started in 1963, that was eseentially a big guess that 3x starvation level was well off? because we have better numbers now. Avg us salary is 60k, but to take car of the needs of a family of 4, not in starvation range is ~$160k/year

Put in an area and see for yourself. In general, yes this calculator is closer to what you're describing. For example, Skamania County, a pretty rural county of Washington state with a very low population of 12,000 people, still has a "required living wage" for 1 breadwinner + 1 homemaker + 3 children of $104,292 per year: https://livingwage.mit.edu/counties/53059

That feels pretty close to accurate.

Re: MIT Living Wage Calculator

#17

2080 hours per year! That's 52 weeks of 40 hours per week. It's also inhuman. Here in Norway we have five weeks of holiday plus various public holidays and only 37.5 hours per week adding up to about 1700 hours per year.

Yeah, oil nations are different. Norway's resources are well-managed, but oil nations with outsourced defence just have different constraints.

In Germany its somewhere between 1600-1700 hours, and we don't have much oil

Re: MIT Living Wage Calculator

#18

2080 hours per year! That's 52 weeks of 40 hours per week. It's also inhuman. Here in Norway we have five weeks of holiday plus various public holidays and only 37.5 hours per week adding up to about 1700 hours per year.

Yeah, oil nations are different. Norway's resources are well-managed, but oil nations with outsourced defence just have different constraints.

France is not an oil nation. We have 35h weeks and 5 weeks of paid vacation as well.

Edit: Also, the US is a damn oil nation. It has nothing to do with oil, and everything to do with politics.

Re: MIT Living Wage Calculator

#19
post #10

I don’t think this is very accurate. In my county the “living wage” is $26.50 for a single adult with no children. Many young people I know live on much less than this. This is more like “optimal wage to live alone in my own apartment with a car.” Which of course, people would like to have but certainly isn’t required to be comfortable. For example, transportation costs are $9000/year and housing is $20000/year. Thes…

[deleted]

Re: MIT Living Wage Calculator

#20

2080 hours per year! That's 52 weeks of 40 hours per week. It's also inhuman. Here in Norway we have five weeks of holiday plus various public holidays and only 37.5 hours per week adding up to about 1700 hours per year.

Yeah, oil nations are different. Norway's resources are well-managed, but oil nations with outsourced defence just have different constraints.

Every single nation on Earth has mandatory paid vacation, except for the United States and three tiny islands: https://en.wikipedia.org/wiki/List_of_minimum_annual_leave_b....

Edit: And looking into it a little, I'm pretty sure two of those islands actually do have mandatory paid leave after a minimum period of employment.

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