Wage Needed to Afford Housing Outpaces What Typical Rental Household Makes in Indiana

Ohio’s lack of affordable housing just getting worse

Affordable, accessible housing is getting harder to find in Ohio; and the “affordable” part is getting a little harder to define. A new report from the National Low Income Housing Coalition and the Coalition on Homelessness and Housing in Ohio shows a “modest” two-bedroom apartment in the Buckeye State is even further out of reach now than it was a year ago. Last year, the group estimated a full-time worker would have to make $22.51 per hour to …

Wage needed to afford housing outpaces what typical rental household makes in Indiana

INDIANAPOLIS — A new report from Prosperity Indiana and the National Low Income Housing Coalition found that the wages needed to rent the average two-bedroom apartment in Indiana ($24.13 per hour) have outpaced what the typical renter household makes. “You need to earn about $24 an hour, but the average for all Indiana occupations is [...]

Ohio renters need to earn at least $23.82 an hour to afford two-bedroom rental, new report shows

Ohio’s Fair Market Rent for a two-bedroom apartment is $1,238, meaning a household must earn $49,537 annually to cover rent and utilities, according to the report.

Increase Ohio Minimum Wage to Meet Living Costs

Living in Ohio shouldn’t mean struggling to make ends meet, yet new data shows that's exactly what's happening. A report from Policy Matters Ohio reveals that 84.5% of wages for jobs in our state fail to meet the estimated cost of living for a family of three. Eighty-four point five percent. It’s an alarming statistic that reflects the harsh reality faced by so many hardworking Ohioans. Even …