Report: Three of the Top 10 Most Difficult Cities in the United States are in Texas: Plano, Dallas, Austin | National News
(Center Square) – Three of America’s ten cheapest cities are in Texas: Plano, Dallas, Austin, and more recently. report Published by Move.org Found. North Carolina also linked Texas by owning three of the ten cheapest cities in the United States.
According to the report, Atlanta, Plano, Austin, Charlotte, Nashville, Irvine, Raleigh, Dallas, Durham and Orlando are the top 10 cheapest cities in the US.
The cheapest are Bakersfield, CA and Tucson, Arizona, followed by Fresno, Detroit, Cleveland, Stockton, Albuquerque, St. Louis, St. Paul and Newark.
The average minimum wage in the 75 cities analyzed is $ 10.40 an hour, and the average rental for a bedroom is $ 1,040 per month. In most major cities, landlords require more than 60% of their total monthly minimum wage excluding taxes, the report said.
According to the analysis, the tenant warns that “the current federal minimum is $ 7.25 an hour and we are wary of high rents. Probably not affordable. ”Unless you have a roommate to help you settle the bill or plan to do more than one job, we recommend moving to a nearby city for a lower cost. “
In order for the minimum wage earner to be able to pay the rent for a mid-range one-room apartment in Plano or Austin, he must work at least 163 hours a month, excluding living expenses such as food.
The report found that Atlanta is the worst city to work and live as a minimum wage earner who spends 177 hours a month living in a one-room apartment in the Georgian capital. He said he had to work.
The average monthly rent in Irvine, California is $ 2,026, the highest. Despite the high minimum wage, it is still too high for low-wage earners to take out loans.
Move.org We used data from the US Census Bureau and the Institute of Economic Policy to analyze the 75 most populous cities in the United States. It ranked each city by the time it would take for a landlord to buy an average one-bedroom apartment for the minimum wage.
If the state / city minimum wage was below the state minimum wage, the analysis used a minimum wage of $ 7.25 as a baseline.
The ranking does not include expenses such as food, insurance, entertainment, and transportation. Criminal data, unemployment rates, access to government services, or other secondary factors were also excluded.
“Both the cost of living and income levels determine the quality of life in a city, but rankings do not necessarily reflect the general quality of life of residents,” he said.
Report: Three of the 10 Most Difficult Cities in the United States are in Texas: Plano, Dallas, Austin | National news
Source Link Report: Three of the 10 Most Difficult Cities in the United States are in Texas: Plano, Dallas, Austin | National news
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