Housing Costs Are High - WLOX.com - The News for South Mississippi

MISSISSIPPI MORE AFFORDABLE THAN MOST STATES

Housing Costs Are High

A new study proves what many Americans already know, if you work at a minimum wage job, you'll have a tough time paying for a place to live. The so called "Rent Gap" study says the average worker in this country needs to earn 13 dollars and 87 cents an hour just to afford the rent on a modest two bedroom aparment.  That's nearly three times the minimum wage of  $ 5.15 an hour.

The "Rent Gap" is much less in Mississippi. Workers in our state need to earn $ 8.77 an hour in order to afford that same two bedroom apartment. Last year, two point seven million people made the minimum wage.

The National Low Income Housing Coalition compiles the study each year, and supports more federal spending on affordable housing and raising the minimum wage.

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