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The Minimum Salary To Be Upper-Middle Class To be part of the top 20% of the middle class, you need to earn $106,092 and $149,160, — depending on your geographic location — according to a ...
Minimum Credit Score ... We’re going to walk through a couple examples further down in this piece that place the yearly salary needed to afford the mortgage payment on a $400,000 house at about ...
Cost of a basic but decent life for a family [1] [2]. A living wage is defined as the minimum income necessary for a worker to meet their basic needs. [3] This is not the same as a subsistence wage, which refers to a biological minimum, or a solidarity wage, which refers to a minimum wage tracking labor productivity.
Hawaii. Minimum salary needed to be happy: $188,160 The cost of living in Hawaii is a whopping 79.2% above the national average, making it especially costly to be happy there.
The Fair Labor Standards Act of 1938 has required a minimum wage of $2.13 for tipped workers, with the expectation that wages plus tips total no less than $7.25 per hour, since September 1, 1991. [191] The employer must pay the difference if total income does not add up to $7.25 per hour. [192] Non-tipped $7.25
A variation on the LICOP's Living Income is the Massachusetts Institute of Technology's Living Wage Calculator, which compares the local minimum wage to the amount of money needed to cover expenses beyond what is needed to merely survive across the United States. [56]