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What can $16 an hour get you?


  1. What can $16 an hour get you?
  2. Is 16 an hour good for a 20 year old?
  3. Is 13 an hour good?
  4. Is $15 an hour good for a single person?
  5. Is 72k a good salary?
  6. Can I live on 15 an hour?
  7. Is $70000 a good salary for a single person?

What can $16 an hour get you?

$16 an hour is how much per year? If you make $16 per hour, your Yearly salary would be $31,200. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 37.5 hours a week.

Is 16 an hour good for a 20 year old?

This wage is average, not good, just average. Balance that wage of $2,752 per month against your cost of living and then you can determine if the wage works for you. Your rent/mortgage should be about $825 and if that is doable for you then the wage might well for you.

Is 13 an hour good?

If you want to have a minimum number for a minimum I'd say high teens no lower. Put it this way: the California Minimum Wage is $11.00/hr or $12.00/hr, depending on the number of employees on the payroll. However, the California Poverty Level is at $13.80/hr.

Is $15 an hour good for a single person?

According to the US Census Bureau, the average personal income for 2019 was $35,977. Therefore, if you make $31,200 per year ($15 an hour), you fall just below average for wages in the US. That said, a full-time job making $15 an hour would put you well above poverty guidelines ($12,750 a year) for a single individual.

Is 72k a good salary?

According to the Bureau of Labor Statistics, the median salary of all individual workers (male and female of all races) was $881 weekly for the first quarter of 2018. An income of $70,000 surpasses both the median incomes for individuals and for households. By that standard, $70,000 is a good salary.

Can I live on 15 an hour?

yes, you can live off $15 an hour…as long as you live in a city with a low cost of living index and do not have dependents. However, depending on how frugal you are, you likely won't have much money left over at the end of the month for many 'extras'.

Is $70000 a good salary for a single person?

According to the Bureau of Labor Statistics, the median salary of all individual workers (male and female of all races) was $881 weekly for the first quarter of 2018. An income of $70,000 surpasses both the median incomes for individuals and for households. By that standard, $70,000 is a good salary.



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