Quick Answer: How Much Should You Make An Hour To Afford An Apartment?

Is 18 hr a good salary?

To specifically answer your question, “yes”, $18 is certainly a living wage for many people in some areas while $18 wouldn’t scratch the surface in others..

Can you afford an apartment making 14 an hour?

If you are asking how much a person making $14 per hour can safely afford, that is about $600 per month, assuming utilities either included or a small amount. … Many get their entire living costs (rent, utilities, food, clothing, transportation) down to 30% of their income.

Is $30 an hour good?

To someone who just graduated highscool or even college, a $30 an hour full time position would be a good (possibly great) salary. To an individual with 20 years of experience and multiple advanced degrees, $30 an hour would likely be far below market value.

What job pays $30 an hour?

In fact, people such as medical technologists, social workers and store managers all earn about $30 per hour. A full-time job that pays around $30 per hour can equal roughly $62,400 per year, which means a comfortable living, and above the national average.

What job pays $40 an hour?

Makeup Artist. If you’re creative and know your way around an eyeshadow palette, being a freelance makeup artist offers a flexible hourly job that can pay anywhere from $13 – $40+ per hour. Per the U.S. Bureau of Labor Statistics, makeup artists are the highest-paid workers in the cosmetology industry.

What jobs make 100 an hour?

Here is the list of the top jobs that pay over $100 an hour:Life coach.Underwater welder.Freelance photographer.Political speechwriter.Tattoo artist.Massage therapist.Interior designer.Commercial pilot.More items…•Oct 27, 2020

How much is 35000 a year per hour?

$35,000 a year is what per hour? It depends on how many hours you work, but assuming a 40 hour work week, and working 50 weeks a year, then a $35,000 yearly salary is about $17.50 per hour.

Can you live off $10 an hour?

Honestly, the key is to not live alone, but split your costs with someone else (or a few someones). 3 people making $10 an hour in a moderate house is around $60,000 in income. As long as you’re smart enough not to have kids and avoid debt, or smartly manage debt, it’s doable.

What can you do if you can’t afford an apartment?

How to pay rent when you can’t afford itTake the help you can get. Applying for unemployment or other assistance programs may take time, but it can certainly be worth it. … Talk to your landlord. … Call 211. … Apply for grants in your industry. … Ask for help from family or friends. … Modify living arrangements. … Seek professional advice.May 7, 2020

Is $17 an hour good money?

$17 per hour is actually a good salary in most of the USA. There are larger cities where this would not be the case such as NYC, LA or Seattle, among others. This is more than double the minimum wage in most places in the US.

How much money does a single person need to live comfortably?

GoBankingRates determined the “living wage” necessary to live comfortably in each US state late last year. Some states, like New York, require $95,724 to live comfortably, but in other states, it can be as low as $58,321.

Can I afford a 15 hour apartment?

One recent study shows $15 an hour isn’t enough to secure affordable housing in most U.S. states. Nationally, someone would need to make $17.90 an hour to rent a one-bedroom apartment or $22.10 an hour to cover a two-bedroom home, according to analysis from the National Low Income Housing Coalition.

How many hours do you have to work to afford an apartment?

The average full-time minimum worker needs to work at least 97 hours to afford a two-bedroom rental or 79 hours per week to afford a one-bedroom rental, according to the report.

Can you live off of $20 an hour?

At $20 per hour, working a 40 hour week (not too difficult, weekends off), you would make more than enough to live. Honestly, it wouldn’t be too difficult to invest some of the extra stuff and over time get rich. To be honest, I would give the same answer if you had said $15, just tweaked the hours a little bit.

Is $15 an hour a livable wage?

A $15 hourly pay scale would more than double the current $7.25 federal minimum wage. It still wouldn’t offer a living wage to low-paid single adults and families in many areas, according to a CNBC analysis of state cost-of-living data.

Can you live off of 16 dollars an hour?

$16/hr is about 33k/yr and I’ve estimated that I need about 40k/yr to live where I do alone. A lot of people are living on $16 an hour, or even a lot less. A good truck driver with a clean driving record can make a lot more than $16 an hour. He has the potential to graduate to a better paying job later on.

Can you live on 11 dollars an hour?

But can someone actually live on $11 an hour? In some markets, the answer is yes, but in many parts of the country, $11 is simply not enough to provide basic needs such as housing, food, clothing, and healthcare.

Can you afford an apartment on minimum wage?

California. A minimum-wage worker can’t afford a studio or one-bedroom apartment in California. In fact, the cost of housing is so steep that even two or three minimum-wage workers will be unable to afford to rent a two- or three-bedroom apartment together.

Is $24 an hour good?

Assuming all things equal, $24 per hour would be slightly above the median household income in the US. It depends on other factors, such as type of job, job location, country, cost of living, hours per week, commute, physical and mental demands, etc.

What jobs pay 50 dollars an hour?

The 20 Best Jobs that Pay $50 an HourMarketing manager. Average salary: $63.76 per hour. … HR manager. Average salary: $54.47 per hour. … Software developer. Average salary: $50.77 per hour. … Physicist. Average salary: $57.49 per hour. … Nurse practitioner. Average salary: $54.78 per hour. … PR manager. Average salary: $55.19 per hour. … Financial manager. … Aerospace engineer.More items…•Sep 30, 2019

Can a single person live on minimum wage?

A Minimum Wage Budget. According to official government guidelines, single people supporting themselves on minimum wage are not technically living in poverty. … However, for single people with no dependents, the government claims the federal minimum wage is more than enough to survive and stay out of poverty.