Group: “Real cost” of living for families is much higher than minimum-wage workers earn - Winston-Salem Journal: News

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Group: “Real cost” of living for families is much higher than minimum-wage workers earn

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Posted: Sunday, July 7, 2013 12:00 am

The average one-parent, one-child household in the Winston-Salem metropolitan statistical area needs about $44,000 in annual income to have a “modest, economically secure life,” according to a national think tank.

The Economic Policy Institute, a left-leaning nonprofit group, has released the 2013 version of a budget calculator on its website – www.epi.org/resources/budget/ -- that factors in the “real costs for families.” It lists families with one and two parents for up to three children in each case.

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