Hourly wage required to afford a 2BR rental in each state

Click on the image above to enlarge image

The National Low Income Housing Coalition has calculated the hourly wage a resident would need to earn to afford a moderate, two-bedroom apartment in each state. They found that the average hourly wage needed to rent a $1,006 two-bedroom unit in the United States is $19.35 ($40,240 per year); it is $24.64 (51,250 per year) in Massachusetts.

Unsurprisingly, Massachusetts (along with pretty much the entire Northeast and Mid Atlantic states) is listed as one of the most expensive places to live. Massachusetts can do better and news earlier this year that Boston is building more affordable homes / apartments is good but we have to do better.