The “living wage” is calculated as the hourly rate that a person must earn to feed himself.
How much do you need to earn to feed yourself in Illinois?
Assuming a person works full-time, according to the Massachusetts Institute of Technology’s living wage calculator, a single adult without children should earn $18.10 an hour. With one child, this amount increases to $ 36.29 per hour; with two children — $ 46.81.
The average cost of living in Illinois for two adults who both work is $14.23 per hour per person, with an increase to $20.17 per hour per person for one child and $25.61 per hour for two children.
The minimum wage in Illinois is $13 an hour, but by 2025 it will gradually increase to $15 an hour.
There are some exceptions to the $13 per hour increase. People under the age of 18 who work less than 650 hours a year, as well as workers who receive tips, will not see this increase.
The cost of living in Illinois is 12% lower than the national average. Hawaii is the most expensive, 81.8% higher than the national average.
According to Insure, Mississippi is the cheapest state to live in.