The minimum living wage needed to live comfortably in the Fraser Valley region has increased dramatically due to high rental rates, according to a report released Wednesday by the Living Wage for Families campaign.
The living wage is the annually calculated hourly wage needed to cover the cost of raising a family. It’s meant to represent the hourly wage that two working parents with two young children must earn to meet basic expenses like rent, child care, food and transportation.
According to the report, high rental costs raised the living wage needed to reside in the Fraser Valley from $15.90 an hour in 2017 to $17.40 in 2018.
The report also
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