In 2019, the minimum wage in Arizona is $11 per hour. The total cost of renting a one-bedroom apartment in Tucson is $1410. Could people working 40 hours a week at the minimum wage afford to live there

Respuesta :

9514 1404 393

Answer:

  no

Step-by-step explanation:

The person's gross pay per week would be ...

  (40 h/wk)($11/h) = $440/wk

Their gross pay per month would be about ...

  (4 wk/mo)($440/wk) = $1760/mo

At $1410 per month, the cost of rent would be about 80% of gross pay. Usual budget recommendations suggest rent should not be more than about 25% of pay.

A single person working 40 hours per week at minimum wage could not afford the apartment.