Housing Wage – how much you need to earn to live in California
California In California, the Fair Market Rent (FMR) for a two-bedroom apartment is $1,327. In order to afford this level of rent and utilities, without paying more than 30% of income on housing, a household must earn $4,423 monthly or $53,079 annually. Assuming a 40-hour work week, 52 weeks per year, this level of income […]
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