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$13.78

February 12, 2016

As New Jersey -- and the nation -- debate the need for boosting the minimum wage to $15 an hour, United Way of New Jersey has determined that a single adult needs to earn at least $13.78 -- or $28,662 a year -- to meet basic needs.

According to the report, even this low wage is not achieved by about 30 percent of New Jerseyans, so it is clear that there is a wide economic disparity among residents.

The same report says that the survival budget for a family of four is $61,200. Sadly, the U.S. poverty rate is pegged at $23,050 for a family of four, far lower than what the actual costs are in New Jersey.

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