Overview

• Minimum wage workers in every state lack sufficient income to pay rent for a modest two-bedroom apartment.
• Renters across the country need to earn nearly $30 an hour on average to afford rent without being cost burdened.
• The most expensive states require renters to earn $40 an hour or more to afford a two-bedroom apartment.
• Slow growth in the minimum wage and shortage of affordable housing are major contributors to the problem.
• Even dual-income households struggle to find affordable housing in many areas.