Wrinkled dollar bills and a quarter adding up to $7.25, the current (as of 2016) U.S. Federal Minimum wage. Photo from MNC.
SIOUX FALLS, S.D. (KELO.com) — In no state can a full-time minimum-wage worker afford a modest two-bedroom rental home. The National Low Income Housing Coalition released its annual report which highlights the mismatch between the wages people earn and the price of decent rental housing. Nationally, a full-time worker must earn $25.82 per hour to afford a two-bedroom rental without spending more than 30% of their income on housing costs. In South Dakota, a minimum wage employee would have to work 51 hours a week to afford a modest one-bedroom apartment.
