Living Wage Calculation for Hot Springs County, Wyoming

The living wage shown is the hourly rate that an individual in a household must earn to support themsleves and/or their family, working full-time, or 2080 hours per year. The tables below provide living wage estimates for individuals and households with one or two working adults and zero to three children. In households with two working adults, all hourly values reflect what one working adult requires to earn to meet their families’ basic needs, assuming the other adult also earns the same.

The poverty wage and state minimum wage are for reference purposes. Poverty wage estimates come from the Department of Health and Human Services’ Poverty Guidelines for 2024 and have been converted from an annual value to an hourly wage for ease of comparison. The state minimum wage data is sourced from the Labor Law Center and includes the minimum wage in a given state as of January of that year.

For further detail, please reference the Methodology page. The data on this page was last updated on February 14, 2024.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Living Wage $19.50 $31.95 $39.00 $51.20 $27.07 $32.89 $37.69 $40.03 $13.54 $18.32 $22.41 $25.45
Poverty Wage $7.24 $9.83 $12.41 $15.00 $9.83 $12.41 $15.00 $17.59 $4.91 $6.21 $7.50 $8.79
Minimum Wage $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25

Typical Expenses

The table below shows the costs of each basic need that go into estimating the living wage. Like with the living wage, their values vary by location and family size.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Food $4,180 $6,161 $9,241 $12,283 $7,663 $9,538 $12,284 $14,978 $7,663 $9,538 $12,284 $14,978
Child Care $0 $7,031 $13,399 $19,908 $0 $0 $0 $0 $0 $7,031 $13,399 $19,908
Medical $3,178 $8,394 $8,282 $8,745 $6,079 $8,282 $8,745 $8,340 $6,079 $8,282 $8,745 $8,340
Housing $8,250 $10,916 $10,916 $15,379 $8,311 $10,916 $10,916 $15,379 $8,311 $10,916 $10,916 $15,379
Transportation $10,561 $12,222 $15,396 $17,715 $12,222 $15,396 $17,715 $17,695 $12,222 $15,396 $17,715 $17,695
Civic $3,032 $5,335 $6,715 $7,776 $5,335 $6,715 $7,776 $7,269 $5,335 $6,715 $7,776 $7,269
Internet & Mobile $1,525 $1,525 $1,525 $1,525 $2,120 $2,120 $2,120 $2,120 $2,120 $2,120 $2,120 $2,120
Other $4,739 $8,459 $8,994 $12,431 $8,459 $8,994 $12,431 $11,950 $8,459 $8,994 $12,431 $11,950
Required annual income after taxes $35,465 $60,043 $74,468 $95,762 $50,188 $61,961 $71,987 $77,730 $50,188 $68,991 $85,386 $97,637
Annual taxes $5,101 $6,409 $6,644 $10,734 $6,127 $6,440 $6,410 $5,539 $6,127 $7,222 $7,843 $8,251
Required annual income before taxes $40,566 $66,452 $81,112 $106,496 $56,315 $68,401 $78,398 $83,269 $56,315 $76,213 $93,230 $105,888

Typical Annual Salaries

The average annual salaries for various occupations in the table below comes from the latest state-level data from the Bureau of Labor Statistics’ Occupational Employment and Wage Estimates. When available, this data is specific to a given metro area.

Occupational Area Typical Annual Salary
Management $101,730
Business & Financial Operations $73,870
Computer & Mathematical $78,370
Architecture & Engineering $83,460
Life, Physical, & Social Science $67,010
Community & Social Service $53,050
Legal $75,810
Education, Training, & Library $51,360
Arts, Design, Entertainment, Sports, & Media $53,860
Healthcare Practitioners & Technical $95,320
Healthcare Support $36,210
Protective Service $48,360
Food Preparation & Serving Related $30,340
Building & Grounds Cleaning & Maintenance $35,190
Personal Care & Service $32,740
Sales & Related $42,140
Office & Administrative Support $41,400
Farming, Fishing, & Forestry $34,800
Construction & Extraction $57,300
Installation, Maintenance, & Repair $60,540
Production $59,880
Transportation & Material Moving $46,070