A new report from the National Low Income Housing Coalition (NLIHC) found that workers who work 40 hours a week at a federal or state minimum wage can only afford a one-bedroom rental in 12 U.S. counties.
HousingWire reports that the study also found that 76.4 percent of renter households would need to work more than 60 hours per week at minimum wage in order to rent a home without paying more than 30 percent of their income.
The NLIHC ranked all 50 states, Washington, D.C., and Puerto Rico to find where renting prices were the most prohibitive. Topping their list was Hawaii, where those working for minimum wage would need to work a whopping 152 hours a week to spend below 30 percent of their income on a two-bedroom apartment. Other areas in the top 10 include Washington, D.C., New York, and California.
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