Living Wage Calculation for Lafayette-West Lafayette, IN

The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family. The assumption is the sole provider is working full-time (2080 hours per year). The tool provides information for individuals, and households with one or two working adults and zero to three children. In the case of households with two working adults, all values are per working adult, single or in a family unless otherwise noted.

The state minimum wage is the same for all individuals, regardless of how many dependents they may have. Data are updated annually, in the first quarter of the new year. State minimum wages are determined based on the posted value of the minimum wage as of January one of the coming year (National Conference of State Legislatures, 2019). The poverty rate reflects a person's gross annual income. We have converted it to an hourly wage for the sake of comparison.

For further detail, please reference the technical documentation here.

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 $11.40 $22.85 $27.66 $34.93 $18.01 $21.51 $24.09 $26.86 $8.77 $12.58 $15.18 $17.87
Poverty Wage $5.84 $7.91 $9.99 $12.07 $7.91 $9.99 $12.07 $14.14 $3.96 $5.00 $6.03 $7.07
Minimum Wage $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75

Typical Expenses

These figures show the individual expenses that went into the living wage estimate. Their values vary by family size, composition, and the current location.

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 $3,058 $4,508 $6,786 $9,001 $5,607 $6,979 $9,012 $10,972 $5,607 $6,979 $9,012 $10,972
Child Care $0 $6,463 $11,097 $15,731 $0 $0 $0 $0 $0 $6,463 $11,097 $15,731
Medical $2,268 $6,293 $5,949 $6,031 $4,730 $5,949 $6,031 $5,751 $4,730 $5,949 $6,031 $5,751
Housing $7,242 $9,746 $9,746 $13,250 $8,095 $9,746 $9,746 $13,250 $7,242 $9,746 $9,746 $13,250
Transportation $4,866 $8,867 $10,426 $12,063 $8,867 $10,426 $12,063 $11,925 $8,867 $10,426 $12,063 $11,925
Other $2,785 $4,633 $5,030 $5,855 $4,633 $5,030 $5,855 $5,729 $4,633 $5,030 $5,855 $5,729
Required annual income after taxes $20,220 $40,509 $49,035 $61,931 $31,931 $38,130 $42,706 $47,627 $31,079 $44,593 $53,803 $63,358
Annual taxes $3,488 $7,025 $8,504 $10,725 $5,527 $6,612 $7,406 $8,243 $5,408 $7,733 $9,331 $10,973
Required annual income before taxes $23,708 $47,534 $57,539 $72,656 $37,458 $44,742 $50,112 $55,871 $36,487 $52,327 $63,135 $74,331

Typical Annual Salaries

These are the typical annual salaries for various professions in this location.

Occupational Area Typical Annual Salary
Management $85,877
Business & Financial Operations $57,783
Computer & Mathematical $63,266
Architecture & Engineering $74,952
Life, Physical, & Social Science $53,390
Community & Social Service $42,836
Legal $53,637
Education, Training, & Library $50,736
Arts, Design, Entertainment, Sports, & Media $41,858
Healthcare Practitioners & Technical $55,839
Healthcare Support $28,835
Protective Service $42,476
Food Preparation & Serving Related $19,937
Building & Grounds Cleaning & Maintenance $24,319
Personal Care & Service $23,763
Sales & Related $23,393
Office & Administrative Support $32,425
Farming, Fishing, & Forestry $32,507
Construction & Extraction $50,242
Installation, Maintenance, & Repair $43,072
Production $37,960
Transportation & Material Moving $33,886