How Much You Need to Earn to Afford an Apartment in Your State

How much you need to earn to afford an apartment in your state

A new report reveals the hourly wage a full-time worker must earn to afford a modest apartment in each U.S. state, and the numbers are far out of reach for many.

How affordable is an apartment in Indiana?

TERRE HAUTE, Ind. (WTWO/WAWV) — Hoosiers working full time need to earn $22.18 per hour to afford a two-bedroom apartment at Fair Market Price in Indiana, while the average renter wage in Indiana is only $18.05, according to a new report. The Out of Reach report is released annually by the National Low Income Housing Coalition (NLIHC), which calls "attention to the disparity between wages and the cost of rental housing in the U.S.," according to…