In addition to needing to work 68 hours a week, very few one-bedroom apartments are available at a fair market rate of $796 per month. The lack of affordable housing for minimum wage workers contributes to the homelessness crisis. Currently at House of Charity, we have more than 50 men and women on a waiting list for transitional housing in our Permanent Supportive Housing Program. Affordable housing is not available for many people, even if they have a job, whether it is in Minnesota or nationally. As this article from the Minnesota Coalition for the Homeless states:
According to the Minnesota Coalition for the Homeless: Minnesotans earning minimum wage must work 68 hours a week in order to afford a market rate one-bedroom apartment. If you have kids and need multiple bedrooms, the hours you must work go up tremendously (and the time you can spend helping your children with homework and teaching them about the world plummets). Homelessness isn’t a character flaw, it’s a math problem. We can do better. -SL #ProsperMN“
In Minnesota, the minimum wage is higher than the federal requirement, yet people still would need to work 68 hours a week to find an affordable housing, such as a one-bedroom apartment, without paying more than 30% of their income.
For more information, see this article.