How Much You’d Need to Make Per Hour to Afford Rent in Each Michigan County
Just like groceries, services, and just about everything else nowadays, rent prices are sky high.
Read Related: This is the Hourly Wage You Need to Afford Rent in Michigan
Generally speaking, rent prices are so high that people have to hold down multiple jobs just to be able to afford a place to live. And keep in mind, it's recommended to keep the cost of rent/housing to one third of your gross monthly income or less.
People shouldn't have to have multiple jobs or a ridiculously high salary to afford rent. And to try to bring awareness to that very issue, the National Low Income Housing Coalition puts out their annual Out of Reach report, which takes an in-depth look at rent prices versus wages.
How Much Do You Need to Make to Afford Rent in America?
The NLIHC compared the federal minimum wage, which is $7.25 per hour, and compared that to the rent of a two-bedroom apartment at fair housing prices, and the results are pretty sad.
Compared to the other states, Michigan doesn't do too badly. It falls just about in the middle, coming in at number 28 with a minimum wage of $21.65 to be able to afford the average cost of rent for a two-bedroom apartment.
The Hourly Wage Needed to Afford Rent Across Michigan
However, $21.65 is the average salary needed to afford rent for the state of Michigan. But that's going to vary wildly across the state.
The cost for rent in Wayne County is different from that in Ingham County which is different from that in Mackinac County, and so on...
Read Related: Michigan's Home to the Worst City in America for Renters
To find out how much you need to make per hour to afford rent in each Michigan county, take a look below. Find out which counties are the least and most expensive.
The Income Needed to Afford Rent in Each Michigan County
Gallery Credit: Kristen Matthews
The Hourly Wage Needed in Every State to Be Able to Afford Rent
Gallery Credit: Kristen Matthews