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Maine
Statistics on children, youth and families in Maine from the Annie E. Casey Foundation and the Maine Children's Alliance
Estimated Living Wage. 2013, Alliance for a Just Society in Maine
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Definition and Source
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Definition
The living wage is defined as the wage needed to cover basic family expenses (basic needs budget) plus all relevant taxes. To convert values from annual to hourly, a work-year of 2,080 hours (40 hours per week for 52 weeks) per adult is assumed.
The basic needs budget and living wage are calculated as follows: Basic needs budget = Food cost + child care cost + (insurance premiums + health care costs) + housing cost + transportation cost + other necessities cost
Living wage = Basic needs budget + (basic needs budget*tax rate)
The data shown is for a single adult with 2 children.
For more information, view MIT Living Wage Calculator created by Massachusetts Institute of Technology, Dr. Amy Glasmeier
The basic needs budget and living wage are calculated as follows: Basic needs budget = Food cost + child care cost + (insurance premiums + health care costs) + housing cost + transportation cost + other necessities cost
Living wage = Basic needs budget + (basic needs budget*tax rate)
The data shown is for a single adult with 2 children.
For more information, view MIT Living Wage Calculator created by Massachusetts Institute of Technology, Dr. Amy Glasmeier
Data Source
Last Updated
December 2015