September 4, 2014

LA is too expensive even if you earn $13.25 an hour

Curbed - Incomes are much lower in LA than they are in other high-priced cities: 22 percent lower than in San Francisco and 13 percent lower than in New York, according to Zillow (median income is $59,424). But Mayor Garcetti announced a proposal this week to raise LA's minimum wage to $13.25 an hour over the next three years (the minimum wage in California today is $9); the measure would raise wages for nearly 40 percent of LA's workers. But those workers still wouldn't be able to afford to actually live in Los Angeles.

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