2 Bedroom rental housing wage

2-bed-housing-wage-mapAbove is a map of what households nationwide must earn per hour to lease a 2-BR apartment at the going market rate without spending more than 30% of monthly income on rent. Not surprisingly, Massachusetts exceeds the national average requiring an hourly rate of $24.08. Hawaii is the most expensive at $31.54 and Puerto Rico the most affordable at $10.19.  Keep in mind this is an average. It would be far more interesting to see how this translates to hourly wages needed to live in cities in some of these states; I’m assuming this would spike significantly.

Source: Washington Post

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