M.I.T. maintains a Living Wage Calculator that allows users to compare the costs of living in locations across the United States with the pay that our friends and family living in those locations earn at minimum-wage jobs.
2 Comments
roger
5/17/2014 07:49:24 am
We must understand that our system will not support higher wages like we would require to adequately support the families mentioned. Raise the wages and the prices will go up. $10.10 can only be effective if prices are frozen.
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Tod J. Thompson
5/18/2014 05:38:56 am
Thank you for your comment, Roger. And that is a legitimate concern. But the best data suggest that raising the minimum wage has no significant impact on inflation.
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