What, exactly, does "cost of living" mean — and how is it calculated?

May 28, 2024
There are many different metrics out there that may not be entirely applicable across locales.
Some employers use cost of living calculations to set salaries and benefits or to decide  whether to expand into a new area.
skynesher/Getty Images

Paying a living wage in D.C. isn’t always easy. Workers say it’s also not enough.

Oct 21, 2019
Government officials in the city hope that new incentives will entice local businesses to pay employees a living wage.
“I pay the living wage, but I want to pay so much more,” said Anika Hobbs, owner of Nubian Hueman, a fashion boutique in Washington, D.C.
Tyrone Turner/WAMU

Renters facing affordability crisis as wages stagnate

Dec 12, 2016
Evictions are on the rise as renters pay increasing share of income for housing.
A view of historic homes on Logan Circle in Washington, D.C.
Wikimedia Commons

Irvine gets rid of its living wage

Jul 16, 2015
As cities across the country raise the minimum wage, Irvine repeals 2007 ordinance.

Meet the woman behind Ikea's living wage calculator

Aug 6, 2014
Ikea will use an MIT project to set wages in its stores across the U.S.

Grocery chain workers fight for millionaire CEO

Aug 4, 2014
Market Basket employees and customers stage an "unprecedented" protest.

For public good, not for profit.

As fast food workers go on strike, Obama argues for increasing minimum wage

Dec 5, 2013
Fast food workers across America are striking today, asking for $15 an hour. Their employers may not be sympathetic to their cause, but they have a friend in the White House.

Fast food workers of the world, unite!

Aug 29, 2013
Fast-food workers are extending their one-day strikes to 35 cities nationwide as they try to gain traction for higher wages
Employees and supporters demonstrate outside of a Wendy's fast-food restaurant to demand higher pay and the right to form a union on July 29, 2013 in New York City.
Spencer Platt/Getty Images

How raising low wages ripples through the economy

Dec 12, 2012
A few bucks an hour more for low-wage workers can raise prices, but also boost economic growth for the country overall.