🏠
Living Wage Calculator
Calculate the living wage needed to cover basic expenses by family size and location.
About This Calculator
MIT's Living Wage Calculator estimates a single adult needs $22.33/hour in the US (2024 average) — three times the federal minimum wage of $7.25. For a family of four with two working adults, the living wage averages $24.16/hour each. 38 states have minimum wages above $7.25.