Report: Nearly 1/3 of SD residents make less than cost of living
By City News Service
Nearly one-third of households in San Diego County have incomes below what is needed to meet the basic cost of living, according to a study released Thursday.
The study, by the Center on Policy Initiatives and United Way of San Diego, found that 229,195 non-retiree households in the county earn less than what is deemed a “self-sufficiency” level.
The study measured local costs of housing, child care, food and other basic expenses to determine a minimum budget for families of various sizes, according to CPI.
A single person with no dependents would need a full-time job paying at least $13.13 an hour, or $27,733 a year, to meet basic expenses, according to the study. A family consisting of two adults and two children would need to make $64,957 annually to meet the self-sufficiency level.
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