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 $11.25 $22.95 $28.11 $35.28 $18.35 $21.86 $24.35 $27.64 $8.90 $12.78 $15.36 $18.33
Poverty Wage $6.00 $8.13 $10.25 $12.38 $8.13 $10.25 $12.38 $14.50 $4.06 $5.13 $6.19 $7.25
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 $3,075 $4,541 $6,826 $9,053 $5,637 $7,025 $9,063 $11,035 $5,637 $7,025 $9,063 $11,035
Child Care $0 $6,570 $11,280 $15,990 $0 $0 $0 $0 $0 $6,570 $11,280 $15,990
Medical $2,395 $6,525 $6,237 $6,358 $5,378 $6,237 $6,358 $6,259 $5,378 $6,237 $6,358 $6,259
Housing $7,266 $9,801 $9,801 $13,204 $8,275 $9,801 $9,801 $13,204 $7,266 $9,801 $9,801 $13,204
Transportation $4,289 $8,362 $10,608 $11,557 $8,362 $10,608 $11,557 $12,115 $8,362 $10,608 $11,557 $12,115
Other $2,929 $4,883 $5,070 $6,378 $4,883 $5,070 $6,378 $6,381 $4,883 $5,070 $6,378 $6,381
Required annual income after taxes $19,954 $40,683 $49,823 $62,540 $32,535 $38,742 $43,157 $48,993 $31,526 $45,312 $54,437 $64,983
Annual taxes $3,449 $7,062 $8,648 $10,844 $5,633 $6,725 $7,491 $8,494 $5,493 $7,865 $9,448 $11,268
Required annual income before taxes $23,403 $47,745 $58,471 $73,384 $38,168 $45,467 $50,648 $57,487 $37,018 $53,177 $63,885 $76,251

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $87,875
Business & Financial Operations $58,631
Computer & Mathematical $62,981
Architecture & Engineering $76,582
Life, Physical, & Social Science $52,491
Community & Social Service $45,742
Legal $54,057
Education, Training, & Library $50,794
Arts, Design, Entertainment, Sports, & Media $44,939
Healthcare Practitioners & Technical $59,180
Healthcare Support $30,322
Protective Service $47,927
Food Preparation & Serving Related $20,259
Building & Grounds Cleaning & Maintenance $24,802
Personal Care & Service $23,034
Sales & Related $23,105
Office & Administrative Support $33,453
Farming, Fishing, & Forestry $32,395
Construction & Extraction $47,998
Installation, Maintenance, & Repair $41,717
Production $39,043
Transportation & Material Moving $33,890