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 $13.44 $26.75 $32.59 $41.45 $22.17 $26.24 $29.83 $31.88 $10.77 $14.75 $18.16 $20.82
Poverty Wage $6.13 $8.29 $10.44 $12.60 $8.29 $10.44 $12.60 $14.75 $4.14 $5.22 $6.30 $7.38
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 $3,246 $4,771 $7,141 $9,494 $5,950 $7,394 $9,505 $11,589 $5,950 $7,394 $9,505 $11,589
Child Care $0 $5,590 $11,180 $16,769 $0 $0 $0 $0 $0 $5,590 $11,180 $16,769
Medical $2,848 $7,811 $7,499 $7,639 $5,746 $7,499 $7,639 $7,292 $5,746 $7,499 $7,639 $7,292
Housing $7,079 $9,552 $9,552 $12,787 $8,151 $9,552 $9,552 $12,787 $7,079 $9,552 $9,552 $12,787
Transportation $5,149 $9,443 $11,753 $13,993 $9,443 $11,753 $13,993 $12,698 $9,443 $11,753 $13,993 $12,698
Civic $1,956 $4,200 $3,838 $4,457 $4,200 $3,838 $4,457 $4,300 $4,200 $3,838 $4,457 $4,300
Other $2,835 $4,620 $5,070 $6,127 $4,620 $5,070 $6,127 $6,145 $4,620 $5,070 $6,127 $6,145
Required annual income after taxes $23,112 $45,987 $56,034 $71,265 $38,110 $45,107 $51,273 $54,811 $37,038 $50,697 $62,452 $71,580
Annual taxes $4,852 $9,654 $11,763 $14,960 $8,000 $9,469 $10,763 $11,506 $7,775 $10,642 $13,110 $15,026
Required annual income before taxes $27,964 $55,641 $67,796 $86,225 $46,110 $54,576 $62,036 $66,317 $44,813 $61,340 $75,563 $86,607

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $94,591
Business & Financial Operations $60,697
Computer & Mathematical $66,999
Architecture & Engineering $79,123
Life, Physical, & Social Science $54,416
Community & Social Service $45,792
Legal $56,227
Education, Training, & Library $53,280
Arts, Design, Entertainment, Sports, & Media $43,674
Healthcare Practitioners & Technical $63,572
Healthcare Support $28,523
Protective Service $50,805
Food Preparation & Serving Related $20,297
Building & Grounds Cleaning & Maintenance $26,865
Personal Care & Service $23,786
Sales & Related $24,881
Office & Administrative Support $36,359
Farming, Fishing, & Forestry $35,172
Construction & Extraction $49,628
Installation, Maintenance, & Repair $43,592
Production $39,418
Transportation & Material Moving $36,431