Is there a cost analysis (cost of living) between two states, say with $10/hr as minimum wage vs another state nearby with $15/hr? For example Ohio vs Rhode Island or New Jersey. Now I’m curious since apparently increasing minimum wage doesn’t impact any costs.
Last I checked Buffalo isn’t bad compared to comparable cities in Ohio. For comparison though, the floor is the fucking floor. Appalachia remains in apocalyptic straits whether you’re in Ohio, Pennsylvania, or West Virginia. If you’re in Appalachia you’re in a city, a town that’s barely holding on, or desperate poverty.
If actual wages increase, of course costs are crease, plus higher minimum wages tend to be in higher cost of living states. However the cost increase is very minor compare to the wage increase
Basically, each minimum wage slave flips many burgers. So doubling the pay, increases the cost of your burger by pennies. I vaguely remember an article about California’s wage increase that calculated 25¢ increase of burger cost
Is there a cost analysis (cost of living) between two states, say with $10/hr as minimum wage vs another state nearby with $15/hr? For example Ohio vs Rhode Island or New Jersey. Now I’m curious since apparently increasing minimum wage doesn’t impact any costs.
Last I checked Buffalo isn’t bad compared to comparable cities in Ohio. For comparison though, the floor is the fucking floor. Appalachia remains in apocalyptic straits whether you’re in Ohio, Pennsylvania, or West Virginia. If you’re in Appalachia you’re in a city, a town that’s barely holding on, or desperate poverty.
If actual wages increase, of course costs are crease, plus higher minimum wages tend to be in higher cost of living states. However the cost increase is very minor compare to the wage increase
Basically, each minimum wage slave flips many burgers. So doubling the pay, increases the cost of your burger by pennies. I vaguely remember an article about California’s wage increase that calculated 25¢ increase of burger cost