this post was submitted on 20 Oct 2024
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I agree anyone working a full time job should be able to afford a one bedroom apartment but minimum wage in 1940 was $624a year and an average apartment seemed to be $324 a year so to meet that same level of pay we would “only” need a minimum wage of 17.25. That’s still way more than the current minimum wage of 7.25 but not as high as $25/hr
Where in the U.S. is 7.25 even a remotely livable wage? The U.S. government already has locality calculations for different municipalities that wouldn’t be hard to do with a minimum wage where high cost areas would have a higher minimum wage and low cost areas would have a lower one