#16 Illinois
In Illinois, the Fair Market Rent (FMR) for a two-bedroom apartment is $1,085. In order to afford this level of rent and utilities — without paying more than 30% of income on housing — a household must earn $3,617 monthly or $43,406 annually. Assuming a 40-hour work week, 52 weeks per year, this level of income translates into an hourly Housing Wage of: $20.87
–Out of Reach 2017, National Low Housing Coalition (NLIHC)
- Illinois Minimum Wage: $8.25 (Law and FAQ)
- Federal minimum wage: $7.25 (compared to state minimum wages)
