Study Finds Major Gap Between Current Wages and Living Wage Needed in U.S. Cities
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The study looked at the living wage needed for families in major U.S. cities, finding a big difference between cities.
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The current mean annual wage in the U.S. is lower than the living wage needed in all surveyed cities.
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Factors like inflation and interest rates make it hard for households even with two incomes.
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The most affordable major cities are in the Midwest and South.
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The top 3 most affordable cities are Akron, Cleveland, and Toledo, all in Ohio.