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People have been left totally shocked after discovering the hourly income that is needed to afford rent here in America...

And it's gotten us seriously thinking.

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Because as we all know, making ends meet isn't always a walk in the park.

So many of us can relate to the struggles of paying rent and bills...

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Especially when you're young and simply trying to live independently as an adult.

It's an expensive world out there...


Which is why the majority of us resort to renting properties rather than buying straight away.

Yes, it's a lot of money...


But we do what we've got to do to make ends meet... right?

Well, there's no doubt that rent prices have soared over the last few decades all around the world...

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And here in America, renting is now - very sadly - more expensive than ever.

It's more than often extremely unachievable to live in certain areas...


Because who on earth can afford to spend thousands of dollars a month on just rent alone?!

Asking for a friend, here...

So much so...

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That people have just recently discovered the hourly income that is actually needed to afford rent in all parts of the U.S... and they're astonished.

According to a new report from the National Low Income Housing Coalition, full-time workers who make minimum wage can't afford a 2-bedroom rental home in any state in the U.S...


Without spending more than the recommended thirty percent of their income.

​The group's annual "Out of Reach" report compares minimum wages and housing costs in states, metropolitan areas, and counties across the country.


And this year's results show the hourly wage rate needed for a "modest" 2-bedroom rental is more than double the federal minimum wage of $7.25 per hour in all but one state and Puerto Rico.

Arkansas has the lowest hourly income needed for a 2-bedroom rental at $14.19 while the state minimum wage is $10.00.

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Hawaii demands the highest income of renters: Workers need to make $38.76 to rent a 2-bedroom there, and the state minimum wage is just $10.10.

At federal minimum wage, the average American worker would need to log ninety-seven-hour weeks for fifty-two weeks per year to afford a 2-bedroom apartment or rental home, according to the report.

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For the overwhelming majority, not even sharing a dual income with a federal minimum wage-earning partner would cover a 2-bedroom rental in their state.

It's a very grim outlook similar to the group's previous reports, which also showed sobering disparities between income and rent.

"Housing is a basic human need, but millions of people in America cannot afford a safe, stable home," stated NLIHC President and CEO Diane Yentel in a press release.

"The harm of this enduring challenge is laid bare during the COVID-19 pandemic when millions of people in America risk losing their homes. The lack of affordable homes for the lowest-income people is one of our country's most urgent and solvable challenges, during and after COVID-19; we lack only the political will to fund the solutions at the scale necessary. It's time for Congress to act."

You can check out the full results of the report in this graph:

National Low Income Housing Coalition

And for more on these issues, scroll on...