this post was submitted on 29 Aug 2023
366 points (96.4% liked)

Work Reform

10003 readers
50 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] ArbitraryValue@sh.itjust.works 1 points 1 year ago (2 children)

I call bullshit on a definition of "living wage" which claims that someone making $100,000 a year is earning less than a living wage (even in Hawaii).

[–] saruwatarikooji@lemmy.world 9 points 1 year ago (1 children)

It looks like it is assuming paying for a mortgage and allowing like 20% for savings. They are definitely not looking at just a living wage, they are assuming home buyers that are actively saving money.

[–] mayo@lemmy.today 4 points 1 year ago

20% savings would be nice. That would be like 1500-2000 extra per month. That's comfortable.

[–] Deralax@kbin.social 6 points 1 year ago

Can confirm that these figures are very inflated. I currently live in Hawaii on half of that "living wage". Have a nice (by Hawaii standards) 2 bedroom apartment and still have over 1000 in excess income after rent\utils\groceries\gas each month.

112k is around what i would need to be making to afford a house\mortgage, but its possible to "live" without.