Researcher develops living wage calculator
Monday, August 10, 2015 - 07:00
in Mathematics & Economics
With income inequality emerging as an issue in the 2016 U.S. presidential elections, you may well begin to see references to MIT's Living Wage Calculator (LWC). This online spreadsheet lets anyone calculate a wage required to make ends meet, adjusted for every community in the U.S. The LWC was recently updated with fresh information on a wider variety of cost of living data, making it more relevant than ever.