Living Wage Calculation for Trenton-Princeton, NJ

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 $24.74 $46.55 $59.99 $74.86 $33.97 $41.60 $46.56 $49.41 $16.99 $25.54 $32.50 $36.92
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 $15.13 $15.13 $15.13 $15.13 $15.13 $15.13 $15.13 $15.13 $15.13 $15.13 $15.13 $15.13

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 $4,630 $6,825 $10,238 $13,607 $8,489 $10,567 $13,609 $16,592 $8,489 $10,567 $13,609 $16,592
Child Care $0 $16,584 $31,305 $39,971 $0 $0 $0 $0 $0 $16,584 $31,305 $39,971
Medical $3,429 $9,198 $9,050 $9,663 $6,712 $9,050 $9,663 $9,127 $6,712 $9,050 $9,663 $9,127
Housing $16,332 $24,100 $24,100 $29,142 $18,696 $24,100 $24,100 $29,142 $18,696 $24,100 $24,100 $29,142
Transportation $9,990 $11,561 $14,564 $16,757 $11,561 $14,564 $16,757 $16,738 $11,561 $14,564 $16,757 $16,738
Civic $3,013 $5,303 $6,675 $7,730 $5,303 $6,675 $7,730 $7,226 $5,303 $6,675 $7,730 $7,226
Internet & Mobile $2,211 $2,211 $2,211 $2,211 $2,776 $2,776 $2,776 $2,776 $2,776 $2,776 $2,776 $2,776
Other $4,417 $7,884 $8,383 $11,588 $7,884 $8,383 $11,588 $11,139 $7,884 $8,383 $11,588 $11,139
Required annual income after taxes $44,022 $83,667 $106,525 $130,669 $61,421 $76,114 $86,222 $92,739 $61,421 $92,698 $117,527 $132,711
Annual taxes $7,429 $13,161 $18,263 $25,031 $9,239 $10,422 $10,615 $10,024 $9,239 $13,562 $17,672 $20,871
Required annual income before taxes $51,451 $96,828 $124,788 $155,699 $70,660 $86,535 $96,837 $102,763 $70,660 $106,260 $135,199 $153,581

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 $172,020
Business & Financial Operations $93,030
Computer & Mathematical $110,940
Architecture & Engineering $91,650
Life, Physical, & Social Science $102,290
Community & Social Service $61,740
Legal $126,510
Education, Training, & Library $74,710
Arts, Design, Entertainment, Sports, & Media $82,790
Healthcare Practitioners & Technical $110,650
Healthcare Support $37,000
Protective Service $57,550
Food Preparation & Serving Related $36,050
Building & Grounds Cleaning & Maintenance $39,730
Personal Care & Service $38,900
Sales & Related $59,590
Office & Administrative Support $50,070
Farming, Fishing, & Forestry $39,510
Construction & Extraction $74,320
Installation, Maintenance, & Repair $61,600
Production $45,690
Transportation & Material Moving $40,790