![]() ![]() The Center for Women’s Welfare Self-Sufficiency Standard defines the income working families need to meet a minimum yet adequate level, taking into account family composition, ages of children, and geographic differences in costs. The Self-Sufficiency Standard – Center for Women’s Welfare ![]() The budget calculator includes both the monthly and annual total needed to maintain a modest standard of living. The calculator includes costs for one or two adult households with up to four children. counties and metro areas to provide an estimate of how much families need to get by. The living wage is provided both as an hourly wage and an annual income before and after taxes have been deducted.įamily Budget Calculator – Economic Policy Instituteįrom the Economic Policy Institute, the Family Budget Calculator compiles the costs of essentials such as housing, food, childcare, transportation, health care, taxes, and other necessities in all U.S. This living wage calculator includes basic needs such as food, childcare, medical expenses, housing, transportation, and other miscellaneous needs. The living wage data is updated annually and includes calculations for one adult and two adult households, where both adults are working or where only one adult is in the workforce, with up to three dependent children. This calculator by MIT includes living wage calculations at the state, MSA, and county level for all U.S. These differences can be attributed to differences in data sources, methodology, and assumptions regarding expected standard of living. Some measures produce different estimates of a living wage. By considering the cost of living, these measures estimate a living wage for working California adults with different family sizes. The following is a compilation of living wage and self-sufficiency calculators that provide data on California.
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