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Yes, typical U.S. rent has exceeded monthly income earned on the federal minimum wage

By: Casey Decker – 11:53 AM PDT June 9, 2022 – ABC10

Home prices and rents continue to rise, but the federal minimum wage hasn’t changed since 2009.

A recent viral tweet claimed, “The average rent in the US hit a new record high of $1,827 last month. On the federal minimum wage of $7.25 people take home $1,256 a month.” (Read More)