Study shows how much renters need to make to afford a place in California

Posted at 4:20 AM, Jun 20, 2018

A new national housing study shows rent prices are going up across California and wages are not keeping up. 

According to the National Low Income Housing Coalition, minimum wage earners need to work more than 93 hours a week to be able to afford a one-bedroom place. 

In San Luis Obispo County, the study found in order to afford a studio apartment, you need to make $18.67 an hour. 

For a one-bedroom, you need to earn more than $21 an hour and for a three-bedroom, residents should earn nearly $40 an hour. 

The study shows it’s even more expensive torent in Santa Barbara County

Renters need to make nearly $27 an hour to afford a studio apartment. 

The hourly wage goes up to just over $30 an hour for those hoping to afford a one-bedroom and more than $50 an hour for a three-bedroom house.