The Family Budget Calculator estimates the resources families need to make ends meet across the United States. This report explains how policymakers, employers, and advocates can set meaningful living wage standards using the calculator.
These findings are useful for comparisons across cities, but their actual numbers are absurd. The number of things they admit they do not account for is enough to triple every single wage, and there are even more things they don’t account for, like when two parents work, they need to pay for childcare.
I don’t know, but it doesn’t change. If you make less than the average, you hbe to spend more on childcare because you need to work more hours, and working fewer hours to cut childcare costs may actually save more money than you’d earn, depending on hourly wages.
I’m wondering what childcare looks like in your area… In my area, part time daycare isn’t really a thing; You fork out the cash for full-time, whether you use it or not.
I actually think this chart is spot on for my area. We’re single income with one kid and we’re right around the amount they list.
If we didn’t have a good mortgage rate and if we were both working for the same amount then we would just barely scrape by.
These findings are useful for comparisons across cities, but their actual numbers are absurd. The number of things they admit they do not account for is enough to triple every single wage, and there are even more things they don’t account for, like when two parents work, they need to pay for childcare.
so what’s the “child care” section for?
I don’t know, but it doesn’t change. If you make less than the average, you hbe to spend more on childcare because you need to work more hours, and working fewer hours to cut childcare costs may actually save more money than you’d earn, depending on hourly wages.
I’m wondering what childcare looks like in your area… In my area, part time daycare isn’t really a thing; You fork out the cash for full-time, whether you use it or not.
I actually think this chart is spot on for my area. We’re single income with one kid and we’re right around the amount they list.
If we didn’t have a good mortgage rate and if we were both working for the same amount then we would just barely scrape by.