How Much You Need To Earn To Afford Rent In Each State

Описание: How much you need to earn to afford rent in each state. According to BUSINESS INSIDER, the demand for rental apartments is at its highest since the 1960s. There are a few reasons for why that is, one being that Millennials, the largest generation since baby boomers, are desperate to buy homes. Another reason could be that many Americans, especially poorer people, “haven’t felt the effects of the economic recovery, and may not be able to rustle up the funds for a down payment,” BUSINESS INSIDER reports. Many are struggling to find homes.

#Renting #CostOfLiving #Sate

Timestamps:
Intro - 0:00
The average : 2:17
California : 2:32
Alabam : 2:51
New York : 3:10
Iowa : 3:29
Hawaii : 3:42
Maryland : 4:00
Texas : 4:15
Nevada : 4:32
Florida : 4:52
Arkansas : 5:13
West Virginia : 5:37
Virginia : 5:55
MMassachusetts : 6:16
Colorado : 6:40
Ohio : 7:04
Pennsylvania : 7:23
New Jersey : 7:45
Minnesota : 8:05
North Dakota : 8:26
South Dakota : 8:44
Kentucky : 9:17
Mississippi : 9:40
Tennessee : 10:01

Music:
https://www.youtube.com/audiolibrary/...

Summary:
The Average: THRILLIST writes that according to the NATIONAL LOW INCOME HOUSING COALITION study, the average wage needed to rent a two-bedroom home in the States is $20.30/hour

Renting In California: If you want to move to California and plan on renting a two-bedroom place, you best hope you’re at least making $29.00 an hour. We can probably assume it's because of the great weather and all the awesome stuff you can do there. Disneyland, anyone?

Renting In Alabama: If you aren't up for the hustle and bustle of LA, maybe consider moving to Alabama, where you need to earn almost half the rate of California. In order to get a 2-bedroom, you’d have to make about $14.00 an hour.

Renting In New York. The Big Apple is another expensive city. In fact, New York has a reputation for having expensive apartments that tend to be the size of your current kitchen. You’d need to make about $27.00 an hour for a two-bedroom.

Renting In Iowa: Another state that doesn’t require a large amount of hourly rate is Iowa. You’d need to make $14.00 an hour to afford a place with two-bedrooms!

Renting In Hawaii: Hawaii is amazing for vacations, but after seeing that you’d have to make about $34.00 an hour to afford the rent there, we’re good with just vacationing there for a week or so.

Renting In Maryland: The State of Maryland is also pretty up there with New York City. You’d have to make $27.00 an hour in order to have the opportunity to rent a 2-bedroom.

Renting In Texas: The lone star state is pretty decent when it comes to renting. You'd only need to make $18.00 to get a two bedroom place. Heck, with the barbeque, ranching, and football, that doesn't sound so bad!

Renting In Nevada: If you want to live near Las Vegas, then you're going to have to make a decent amount of money. It's $18.00 an hour for a two bedroom place. Sure, it would be cool to live close to Sin City, but then again... what else is there to do in Nevada?

Renting In Florida. Not sure why you'd want to live in the Australia of the United States (just kidding, we love you Florida), but if you do, then you'll have to make $19.96 an hour. We can get on board with the good weather and great Cuban food, but we're not so sure about the alligators.

Renting In Arkansas. We had to google other names for Arkansas because we honestly don't know much about it. What we do know about the natural state is that it's really cheap to rent there. You'll only need to make about $13.00 an hour to rent a two bedroom place! Cool, you can... go see the art at the Crystal Bridges Museum of American Art.

Renting In West Virginia. A state that's kind of in the north and cheap is good ol' West Virginia. If you only make $13.00 an hour, you too can live in the second state named Virginia in the entire U-S of A. Speaking of which...

Renting In Virginia. We guess this is... East Virginia? Nevertheless, to live in the frustratingly named state you'll need to make about $22.00 an hour. Wow, that's a big jump from its Western counterpart! We can only assume it's that way because Virginia is by the sea.

Renting In Massachusetts. You wanna live in Boston with all the other wicked smart pats fans? Well, for the pleasure of being within the same state as Fenway Park, you'll need to make at least $26.00 an hour. Sounds like a whole lot, but the city is beautiful, it's rife with history and the clam chowder– to die for.

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