A new study conducted by the National Low Income Housing Coalition (NLIHC) looked at the hourly wage needed to afford rent in every state and to no one’s surprise, California topped the list.
There appears to be no relief in sight for Californians as the cost of living continues to climb in the already expensive state and many are forking over far more than one-third of their income for housing. While there are endless entertainment options up and down the California coast, some residents rarely get to enjoy them as they are too busy working to get by.
For several California counties, especially along the coastline, residents working minimum wage jobs had to work more than 80 hours per week even to afford a one-bedroom in 2023. It’s worth noting that in April 2024, a new law went into effect that requires most fast-food workers in California to be paid at least $20 an hour. This applies to restaurant chains with at least 60 locations.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden expands 2 national monuments in California significant to tribal nationsPresident Joe Biden has expanded two culturally significant California landscapes: the San Gabriel Mountains National Monument in Southern California and Berryessa Snow Mountain National Monument in Northern California.
Read more »
Biden expands 2 national monuments in California significant to tribal nationsPresident Joe Biden has expanded two culturally significant California landscapes: the San Gabriel Mountains National Monument in Southern California and Berryessa Snow Mountain National Monument in Northern California
Read more »
California consumers antsy, confidence tumbles to 21-month lowConference Board’s statewide index for April was down 11% in a month and off 17% in a year.
Read more »
Bad news for California renters: New apartment plans drop to 10-year lowPermits approved to build multifamily housing in the first quarter fell 22% below 2023’s start.
Read more »
Bad news for California renters: Multifamily permits hit 10-year lowPermits approved to build multifamily housing in the first quarter fell 22% below 2023’s start.
Read more »
Low-FODMAP, Low-Carb Diets May Beat Medical Treatment for IBSDietary interventions could be considered as an initial treatment for patients with IBS, although more research is needed for personalized treatment plans.
Read more »