These Cities are Going to Cost You Big Time!
Now a State by State Breakdown for Rental Cost...
How Much You Must Earn to Pay the Rent in These StatesBy Karla Bowsher
The gap between wages and rents continues to grow in America, making it difficult for low-income workers to afford a modest apartment, according to the latest annual "Out of Reach" report.
The 2015 report by the National Low Income Housing Coalition, which promotes affordable housing, shows that renters need to earn anywhere from $12.95 an hour to $31.51 an hour to afford a two-bedroom apartment, depending on the state in which they live.
In 13 states and the District of Columbia, workers need to earn more than $20 an hour to rent a two-bedroom apartment.
The federal minimum wage, by comparison, has remained at $7.25 an hour since July 2009, according to the U.S. Department of Labor.
Several California cities have adopted higher minimum wages in recent ye…