Living Wage Calculation for West Virginia
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 1 Child | |
| Living Wage | $13.38 | $26.16 |
| Poverty Wage | $6.13 | $10.44 |
| Minimum Wage | $8.75 | $8.75 |
Contents
What is a normal living wage?
$16.54 per hour
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 the average pay in West Virginia?
In 2020, the average annual pay of employees in West Virginia totaled to 48,724 U.S. dollars. This is an increase from 2001 levels, when this figure stood at 27,981 U.S. dollars.
What is a livable wage in Virginia?
Living Wage Calculation for Richmond city, Virginia
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $15.95 | $20.28 |
| Poverty Wage | $6.13 | $6.30 |
| Minimum Wage | $7.25 | $7.25 |
Is 7.50 a livable wage?
The minimum wage does not provide a living wage for most American families.A single-mother with two children earning the federal minimum wage of $7.25 per hour needs to work 138 hours per week, nearly the equivalent of working 24 hours per day for 6 days, to earn a living wage.
Is WV a cheap state to live in?
The overall cost of living in West Virginia is about 10 percent below the national average, and it’s much lower in certain cities and towns.
Is West Virginia cheap to live?
According to data from the West Virginia Department of Commerce, West Virginia’s cost of living is 94.4, or 5.6 percent below the national average. West Virginia’s price for an average home is 38.5 percent below the national average and one-third the price of homes in the Washington, D.C., area.
How much do you need to live comfortably in West Virginia?
While West Virginia is generally considered a low cost-of-living state, according to the ACS, the median income for a married-couple family in West Virginia was $58,220. That means the typical family would have to spend nearly every dollar it has just to live comfortably.
Is it cheaper to live in Florida or Virginia?
We can continue the comparison between Virginia and Florida in some other aspects, like transportation, childcare, and sports and leisure. You would see that in almost every aspect, Virginia is cheaper than Florida.
What is considered a good salary in Virginia?
Above Average Salary in Virginia
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $73,404 | $6,117 |
| 75th Percentile | $60,192 | $5,016 |
| Average | $51,390 | $4,282 |
| 25th Percentile | $30,340 | $2,528 |
How much money do you need to make to live comfortably in Virginia?
We have rankings of Virginia places, county-by-county, based on affordability (see below). The group, for instance, estimates a family of two adults and two children in the City of Alexandria would need to earn a combined $105,239 per year — or $8,770 a month — to live comfortably.
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.
What are the pros and cons of living in West Virginia?
Pros and Cons Of Living In West Virginia
- Low cost of living.
- Relaxed small cities and towns.
- Abundant outdoor activities.
- Weather marked by all 4 seasons.
- Proximity to larger cities.
- Lack of economic growth and jobs.
- Poor quality government services.
- High crime rates.
Where is the safest place to live in West Virginia?
Safest Cities in West Virginia, 2019
| Rank | City | Safety Index |
|---|---|---|
| 1 | St. Albans | 0.77 |
| 2 | Weirton | 0.5 |
| 3 | Morgantown | 0.4 |
| 4 | Fairmont | 0.05 |
How much is a gallon of gas in WV?
West Virginia average gas prices
| Regular | Diesel | |
|---|---|---|
| Current Avg. | $3.324 | $3.680 |
| Yesterday Avg. | $3.326 | $3.684 |
| Week Ago Avg. | $3.330 | $3.684 |
| Month Ago Avg. | $3.334 | $3.668 |
Is West Virginia a good place to live?
Locals have said their Mountain State neighbors have a “strong sense of community,” and that they are “unpretentious” and “humble.” Others even said West Virginians are pretty much the “nicest people on the planet,” and even though their state pride runs deep, they’re very welcoming to outsiders.
Why is property so cheap in West Virginia?
West Virginia is the 6th poorest state in the nation, with 15 percent of all households falling under the state’s poverty guidelines. So, that’s why the average income level is so low and why the home price is as low as it is.
Is West Virginia a good place to move?
Violent crime is also higher in West Virginia than the average rate in the United States. There are 5.78 incidents per 1,000 people here compared to the U.S. rate of 4.49. Grafton might not offer the best educational opportunities, but it ranks as the safest place to live according to information from Safewise. 5.
Will they pay you to move to West Virginia?
Under the remote worker program, out-of-state participants who move to West Virginia will receive $12,000 along with annual passes to indulge in whitewater rafting, golf, rock climbing, horseback riding, skiing and ziplining.
Which state is the cheapest state to live in?
Mississippi
1. Mississippi. The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living.
What is the minimum wage in West Virginia 2020?
$8.75
State Minimum Wage Rates
| State | 2020 Minimum Wage | 2021 Minimum Wage |
|---|---|---|
| Washington | $13.50 | $13.69 |
| West Virginia | $8.75 | $8.75 |
| Wisconsin | $7.25 | $7.25 |
| Wyoming | $5.15 (Employers subject to Fair Labor Standards Act must pay the Federal minimum wage.) | $5.15 (Employers subject to the Fair Labor Standards Act must pay the $7.25 Federal minimum wage) |
