Housing wages in Minnesota

Housing report
Out of Reach 2021

I took this screenshot of the “Out of Reach 2021” report.  If you are like me you have a budget and housing is part of that budget.

In St. Paul, $25.15 is the “housing wage”. That is around 50K a year.

A person has to work 69 hours a week at minimum wage to pay rent for a one-bedroom apartment, and 86 hours a week for a two-bedroom.

In San Fransisco, a person needs to make $56 an hour to afford a one-bedroom apartment. The minimum wage there is 16.23.

If you have ever wondered why people have room mates, now you know.

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