Can you afford to live in NYC?
For too many workers, a 2 bedroom is not affordable. A report from the National Low Income Housing Coalition shows that you would need to work 136 hours at Minimum wage to be able to afford an apartment for your family in NYC.
To be able to afford a 2 bedroom and keep to a 40 hour workweek you’d need to make at the minimum $24. 68/hr. Currently, minimum wage is $7.25. On that amount, you would have to work 136 hours a week to afford a two bedroom apartment in the state of New York, impossible to do with only 168 hours in a week total. Minimum wage is not a living wage when you can’t live off of it.
Read the report from NLIHC here. http://nlihc.org/oor/2012