Comment Re:Another commie idea (Score 1) 390
The dollar amount of that minimum wage doesn't matter. The question is - how many hours of labor at minimum wage (after taxes) does it take to cover rent? How many hours of labor at minimum wage (again, after taxes) does it take to cover food?
More difficult to factor is things like, probability of losing your home, ease of going on vacations, ease of changing homes or changing jobs, availability of transportation, flexibility of transportation (is it on a public transit schedule, or is it "personal" travel?), fraction of time spent on leisure versus getting necessities, education, local population diversity and acceptance of others versus insular/fear behavior, and those other things that are really difficult to cast in terms of wage because they often depend on personal preferences or have a large subjective element.