We're into the first week of 2016 and if you're a person in the U.S. earning minimum wage, the outlook isn't good.

A recent report from the National Low Income Housing Coalition found that no one in the United States working 40 hours per week (at the federal rate of $7.25 per hour) can afford monthly rent at the 2015 fair market value of $806 per month.

According to each state's minimum wage, the hours per week extra that a minimum wage employee would have to work to afford a one bedroom apartment varies, but is still staggering state by state.

The average minimum wage worker would have to work an average of 86 hours per week in order to afford one of the above stated one bedroom apartments. That is ludicrous. A full-time, minimum wage employee would need to make $15.50 per hour in order to afford the one-bedroom apartment at 40 hours per week.

The report also states that the term "affordable" is based on the federal standard that housing is affordable if rent and utilities together cost 30 percent or less of the household's gross income.

Texans making minimum wage would have to work 73 hours per week to afford a one-bedroom apartment. In California, a full-time minimum wage employee would have to work 92 hours per week, while New Yorkers would have to work 98 hours per week.

[via ATTN]

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