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Home » United States » What is a livable wage in Cleveland Ohio?

What is a livable wage in Cleveland Ohio?

December 14, 2021 by Trevor Zboncak

Living Wage Calculation for Cuyahoga County, Ohio

1 ADULT 2 ADULTS (1 WORKING)
0 Children 1 Child
Living Wage $13.48 $26.44
Poverty Wage $6.13 $10.44
Minimum Wage $8.70 $8.70

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Contents

How much money do you need to live comfortably in Cleveland Ohio?

Ohio’s capital is one of the more affordable big cities to live in, with the income needed to live comfortably falling under $70,000 for homeowners. It does get significantly more difficult if you’re renting, though, as you’ll need to make over $75,000 a year — over $25,000 more than the city’s median income.

What is a livable hourly wage in Ohio?

A livable wage in the least expensive city in the United States, Harlington, Texas, is $10.47 an hour.
Livable Wage by State 2021.

State Livable Wage
Ohio $46,000
Arkansas $45,000
South Dakota $45,000
West Virginia $45,000

What is a livable income in Ohio?

Ohio has an annual living wage of $45,853, which is less than many states. This is not surprising as the Buckeye State has been lauded for being among the most affordable in the U.S. This has helped draw more businesses to the state.

What is considered a good salary in Ohio?

While ZipRecruiter is seeing salaries as high as $126,928 and as low as $19,133, the majority of salaries within the Average jobs category currently range between $46,198 (25th percentile) to $69,064 (75th percentile) with top earners (90th percentile) making $83,997 annually in Ohio.

What is a good salary in Cleveland?

In the Cleveland-Elyria-Mentor metro area, a two-parent, two-child family needs to bring in $60,900 a year “to secure a decent, yet modest standard of living,” according to the Economic Policy Institute’s online family budget calculator released Wednesday.

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Is 20 an hour a living wage?

Take 40 hours times 52 weeks and that equals 2,080 working hours. Then, multiple the hourly salary of $20 times 2,080 working hours, and the result is $41,600.
$20 Per Hour is…

$20 per Hour – Full Time Total Income
Monthly (173 hours) $3,467
Weekly (40 Hours) $800
Bi-Weekly (80 Hours) $1,600
Daily Wage (8 Hours) $160

What is a good livable salary?

The median necessary living wage across the entire US is $67,690. The state with the lowest annual living wage is Mississippi, with $58,321. The state with the highest living wage is Hawaii, with $136,437.

What is considered a livable wage?

The living wage in the United States is $16.54 per hour, or $68,808 per year, in 2019, before taxes for a family of four (two working adults, two children), compared to $16.14 in 2018. The minimum wage does not provide a living wage for most American families.

What is a decent hourly wage?

The national mean salary in the United States is $56,310 according to the National Compensation Survey. That works out to be $27 per hour. So in order to be above average, you have to earn more than $28 per hour.

What salary do you need to live comfortably in Ohio?

Living Wage Calculation for Ohio

1 ADULT 2 ADULTS (BOTH WORKING)
0 Children 3 Children
Living Wage $13.16 $23.97
Poverty Wage $6.13 $7.38
Minimum Wage $8.70 $8.70

How much do you need to make an hour to live comfortably?

A single person in California needs to earn, on average, about $12.30/hour working full time to cover basic living expenses.

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What is middle class income in Ohio?

Range of household incomes needed to be considered middle class, by family size

State Single Family of four
North Dakota $23,875 – $71,626 $47,751 – $143,253
Ohio $23,301 – $69,904 $46,603 – $139,808
Oklahoma $23,223 – $69,669 $46,446 – $139,339
Oregon $26,041 – $78,124 $52,082 – $156,247

How much do I need to live in Cleveland?

Summary about cost of living in Cleveland, OH, United States: Family of four estimated monthly costs are 3,506$ without rent. A single person estimated monthly costs are 998$ without rent. Cleveland is 26.96% less expensive than New York (without rent).

Is Cleveland Ohio affordable?

New study shows Cleveland is the 5th most affordable metro area for renters in America. Overall, Ohio is the 4th most affordable state for renters in the nation.

What is the average wage in Cleveland Ohio?

Workers in the Cleveland-Elyria, OH Metropolitan Statistical Area had an average (mean) hourly wage of $26.26 in May 2020, about 3 percent below the nationwide average of $27.07, the U.S. Bureau of Labor Statistics reported today.

What is $30 an hour annually?

Comparison Table Of $30 An Hour

$30 An Hour Total Income
Yearly (50 weeks) $60,000
Yearly (262 Work Days) $62,880
Monthly (175 Hours) $5,250
Weekly (40 Hours) $1,200

How much is $17 an hour annually?

If you make $17 per hour, your Yearly salary would be $33,150. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 37.5 hours a week.

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What is 50 an hour annually?

Comparison Table Of $50 An Hour

$50 An Hour Total Income
Yearly (52 weeks) $104,000
Yearly (50 weeks) $100,000
Yearly (262 Work Days) $104,800
Monthly (175 Hours) $8,750

What is the living wage 2021?

The London Living Wage is £11.05 per hour. These figures are calculated annually by the Resolution Foundation and overseen by the Living Wage Commission, based on the best available evidence on living standards in the UK and in London.

What is a livable wage for a single person?

According to their analysis, an employed single adult currently needs A$597 per week (before tax, and including housing costs) to live healthily. A couple with two young children needs almost twice as much: A$1,173. The national minimum wage is currently A$695 for a full-time worker.

Filed Under: United States Tagged With: Cleveland, Ohio

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About Trevor Zboncak

Trevor Zboncak is a bit of an old grump, but he's also one of the kindest people you'll ever meet. He loves to travel and see new places, but he's not a fan of airports or long flights. Trevor has been all over the world, and he has some amazing stories to tell. He's also a great photographer, and his pictures will take your breath away.

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