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 $15.56 $28.58 $35.32 $46.35 $24.28 $28.48 $34.06 $36.69 $11.83 $15.98 $20.52 $23.58
Poverty Wage $6.19 $8.38 $10.56 $12.74 $8.38 $10.56 $12.74 $14.92 $4.19 $5.28 $6.37 $7.46
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

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 $3,423 $5,044 $7,577 $10,050 $6,275 $7,809 $10,068 $12,257 $6,275 $7,809 $10,068 $12,257
Child Care $0 $6,009 $12,018 $18,027 $0 $0 $0 $0 $0 $6,009 $12,018 $18,027
Medical $2,682 $6,684 $6,471 $6,781 $5,504 $6,471 $6,781 $6,569 $5,504 $6,471 $6,781 $6,569
Housing $7,446 $9,939 $9,939 $13,113 $8,502 $9,939 $9,939 $13,113 $7,446 $9,939 $9,939 $13,113
Transportation $5,305 $9,414 $12,239 $14,456 $9,414 $12,239 $14,456 $15,700 $9,414 $12,239 $14,456 $15,700
Civic $2,894 $4,646 $5,741 $7,496 $4,646 $5,741 $7,496 $5,959 $4,646 $5,741 $7,496 $5,959
Other $4,939 $7,366 $6,739 $9,804 $7,366 $6,739 $9,804 $9,484 $7,366 $6,739 $9,804 $9,484
Required annual income after taxes $26,813 $49,226 $60,846 $79,850 $41,831 $49,061 $58,668 $63,204 $40,775 $55,070 $70,686 $81,232
Annual taxes $5,562 $10,211 $12,622 $16,564 $8,677 $10,177 $12,170 $13,111 $8,458 $11,424 $14,663 $16,851
Required annual income before taxes $32,375 $59,438 $73,468 $96,414 $50,508 $59,238 $70,838 $76,315 $49,234 $66,494 $85,349 $98,082

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $100,933
Business & Financial Operations $65,174
Computer & Mathematical $72,921
Architecture & Engineering $87,066
Life, Physical, & Social Science $62,681
Community & Social Service $48,246
Legal $63,900
Education, Training, & Library $59,995
Arts, Design, Entertainment, Sports, & Media $50,344
Healthcare Practitioners & Technical $66,511
Healthcare Support $30,591
Protective Service $45,978
Food Preparation & Serving Related $21,839
Building & Grounds Cleaning & Maintenance $28,762
Personal Care & Service $24,738
Sales & Related $27,371
Office & Administrative Support $38,627
Farming, Fishing, & Forestry $37,546
Construction & Extraction $52,045
Installation, Maintenance, & Repair $47,915
Production $42,522
Transportation & Material Moving $38,980