What Is Enough Money to Live on? Examining Americans’ Estimates of a Living Wage

Brussels, Belgium · March 2023

poster · Social Psychology

Megan Burns
State of Michigan
Jun Won Park
Privately Employed
Michael Kraus
Yale University

Abstract

What is enough to live on? We find that higher-income Americans estimate a monthly living wage near $1,100 higher than those made by lower-income Americans, but these estimates do not translate to support for redistribution because higher-income Americans also believe workers make more than enough to meet basic needs.

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What Is Enough Money to Live on? Examining Americans’ Estimates of a Living Wage

Abstract

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