Report: Three of the 10 least livable cities in the United States are in Texas: Plano, Dallas, Austin | national
(The Center Square) – Three of America’s 10 least affordable cities are in Texas: Plano, Dallas and Austin, a recent report published by Move.org find. North Carolina also tied Texas for having three of the ten most unaffordable cities in the United States.
According to the report, the ten least affordable cities to live in the United States are Atlanta, Plano, Austin, Charlotte, Nashville, Irvine, Raleigh, Dallas, Durham and Orlando.
The most affordable are Bakersfield, California and Tucson, Arizona, followed by Fresno, Detroit, Cleveland, Stockton, Albuquerque, St. Louis, St. Paul and Newark.
The average minimum wage in the 75 cities analyzed is $ 10.40 per hour and the average rent for a one-bedroom apartment is $ 1,040 per month. In most large cities, homeowners demand more than 60% of gross monthly minimum wage income, excluding taxes, the report notes.
The scan warns tenants to be wary of places with a current federal minimum of $ 7.25 an hour and high rent – they are likely unaffordable. Unless you have roommates who can help pay the bills, or have multiple jobs, you may want to consider moving to a nearby town or city for less.
For minimum-wage earners to pay rent for a mid-priced one-bedroom apartment in Plano or Austin, they would have to work more than 163 hours per month, not counting other living costs like food.
Atlanta is the worst city to work and live for minimum wage, according to the report, noting that minimum wage earners would have to work more than 177 hours per month to live in a one-bedroom apartment in the Georgian capital.
Irvine, California has the highest average rent of $ 2,026 per month. Despite its higher minimum wage, rent is still too expensive for low-income people, the report says.
Move.org analyzed the 75 most populous cities in the United States using data from the US Census Bureau and the Economic Policy Institute. He ranked each city based on the number of hours it would take a tenant to afford the median one-bedroom apartment at minimum wage.
If the state / city minimum wage was lower than the federal minimum, the analysis used a minimum wage of $ 7.25 as a benchmark.
The ranking excluded costs such as food, insurance, entertainment, and transportation. It also excluded data on crime, unemployment rates, access to government services or other secondary factors.
“Although cost of living and income levels are both determining factors in a city’s quality of life,” he says, rankings “do not necessarily reflect the overall quality of life of residents. “.