New York Honored With Yet Another Depressing Title
In New York, the minimum wage is $7.25, far below the $11.86 an hour it takes to actually live in the city, according to the Living Wage Project. And it takes six figures to effectively belong in the city’s middle class. A 2009 study from the Center for an Urban Future found that someone making $60,000 and living in Manhattan is equivalent to someone making $26,092, according to the New York Daily News.