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https://web.archive.org/web/20201017212656/https://www.zillow.com/research/renting/?
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https://www.cbsnews.com/news/minimum-wage-biden-covid-relief-plan/?
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https://www.cnbc.com/2018/06/06/how-much-of-your-income-you-should-be-spending-on-housing.html?
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https://www.facebook.com/MillennialsForDemSocialism/posts/925153034317054?
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https://www.fool.com/the-ascent/research/average-us-income/?
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https://www.truthorfiction.com/category/fact-checks/?
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https://www.truthorfiction.com/category/fact-checks/viral-content/?
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https://www.truthorfiction.com/tag/average-rent-2021/?
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https://www.truthorfiction.com/tag/federal-minimum-wage/?
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https://www.truthorfiction.com/tag/housing-costs/?
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https://www.truthorfiction.com/tag/millennial-memes/?
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https://www.truthorfiction.com/tag/millennials-for-democratic-socialism/?
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https://www.truthorfiction.com/tag/they-did-the-math/?
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https://www.truthorfiction.com/tag/viral-facebook-posts/?
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https://www.truthorfiction.com/tag/viral-tweets?
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text
The average US rent is $1234/month. For rent to cost less than a quarter of income, as suggested, you'd need to make $4924 a month. At 40 hours a week, that's $30.77/hr. The federal minimum wage is $7.25/hr[.]
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