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How far back in time when a single adult working 40 hours a week at minimum wage would pay 30% of there wages for rent? ?

6 Answers

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  • 1 year ago

    Minimum wage isn't that HIGH, and shouldn't be.

    If you only make minimum wage after a year, you are OVER PAID at that rate.

  • ?
    Lv 5
    1 year ago

    At least during the mid-1970's.  At that time I was paying about 30-percent of my salary for rent. 

  • Judy
    Lv 7
    1 year ago

    Probably never. In the early 60s when minimum wage was $1 an hour, rents were around $100 so over half of a full time minimum wage pay.

  • 1 year ago

    Minimum wage was introduced in the USA in 1938.  The minimum wage was 25cents.

    The minimum wage has never been viewed as a living wage and is not supposed to be.  If anyone is earning minimum wage and paying their own rent in the USA, they have always paid more than 30% of their income to rent.

  • Maxi
    Lv 7
    1 year ago

    That would depend on where in the world you live, what rental cost history is and wages earning history

  • 1 year ago

    It was in the 1970s.

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