Factory workers assembling the Moto X will make as little as $9-an-hour, if the help wanted ads are to be believed.
Is $17/hour a “middle-class” wage? What range *is* a “middle class” wage?
Plenty of smart people have taken a stab at that question. In the past few years, the “middle class” income range has been described as between $32,900 and $64,000 a year (a Pew Charitable Trusts study), between $50,800 and $122,000 (a U.S. Department of Commerce study), and between $20,600 and $102,000 (the U.S. Census Bureau’s middle 60% of incomes).
Psychologist Ken Eisold, a contributor to Psychology Today, said, though, that the way people describe their social status has more to do with what’s going on in their heads than their wallets.
In many American communities, families working in low-wage jobs make insufficient income to live locally given the local cost of living.
Recently, in a number of high-cost communities, community organizers and citizens have successfully argued that the prevailing wage offered by the public sector and key businesses should reflect a wage rate required to meet minimum standards of living.
Therefore we have developed a living wage calculator to estimate the cost of living in your community or region. The calculator lists typical expenses, the living wage and typical wages for the selected location.
Source: Living Wage Calculator