What is a living wage in NE Wisconsin? MIT’s tool has the answer

Local News

Some families may be struggling to match the local cost of living. (Getty Images)

(NEXSTAR) – The Massachusetts Institute of Technology has a tool that lets residents see what the living wage is for anywhere from Marinette all the way to Manitowoc.

If you find yourself struggling to pay bills despite a steady income, you may be simply be getting priced out by the high cost of living in your state or metropolitan area.

An updated tool from the Massachusetts Institute of Technology is helping Americans determine whether a person’s income is enough to live comfortably in their area.

MIT’s Living Wage Calculator provides a breakdown of typical expenses for individuals and families of up to five people, then determines the income needed to provide for basic expenses for each family size.

“We developed a living wage calculator to estimate the cost of living in your community or region based on typical expenses,” creators wrote in a press release. “The tool helps individuals, communities, and employers determine a local wage rate that allows residents to meet minimum standards of living.”

The calculator displays the “living wage” needed to support your family size, as well as the local minimum wage and poverty-wage, which is the salary threshold required for federal assistance. Across many states, the minimum wage is enough to keep singles and some small families above the poverty line, but well below the salary required to pay all basic expenses.

The calculator includes required wages for single parents as well as one- and two-income households. Researchers also created statewide breakdowns as well as figures for major metropolitan areas within each state.

Income data is pulled from the Bureau of Labor Statistics, and expense calculations are based on public information, including U.S. Department of Housing and Urban Development housing costs figures.

Some highlights of the living wages in Northeast Wisconsin are:

  • Green Bay – $13.69
  • Appleton – $13.93
  • Oshkosh – $13.55
  • Fond du Lac – $13.69
  • Manitowoc – $13.17
  • Marinette – $13.59
  • Shawano – $13.70
  • Oconto – $13.49
  • Kewaunee – $13.92
  • Waupaca – $13.35

All of the wages listed above were for one working adult with zero children.

You can find your needed minimum income and cost breakdown on the MIT Living Wage Calculator portal.

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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