Skip to main content
Tags: minimum wage | cincinnati | ohio

What's The Difference Between Minimum Wage and Living Wage in Cincinnati?

By    |   Tuesday, 09 June 2015 05:02 PM EDT

Ohio's minimum wage went up 15 cents in January 2015, marking a rate of $8.10 per hour in Cincinnati and other Buckeye State cities.

The increase follows a 2006 statewide constitutional amendment that called for minimum wage in the state to rise along with the rate of inflation each year, the Cincinnati Enquirer reported.

Urgent:
Do You Think the Minimum Wage Should Be Raised?

Ohio distinguishes between large and small companies and minimum wage rates, according to the U.S. Department of Labor. Those businesses with annual gross receipts of $297,000 or more pay the $8.10 rate while smaller companies pay $7.25 hourly, which is currently the federal minimum wage.

Still that higher figure is below the $9.27 hourly needed to provide a living wage for one adult, according to the Massachusetts Institute of Technology. Data showed an adult with one child should earn $20.05 hourly to attain a living wage, while two children increased the recommended wage to $24.30 hourly, MIT said, noting that a required annual income for one person should be $19,280 before taxes.

Vote Now: How Do You Feel About the Minimum Wage?

Minimum wage marks the lowest pay or compensation an employee can receive by law for performing a certain job. Living wage calculates what funds are needed for someone's everyday needs, based on a number of factors including marriage, children, debt, cost-of-living, and expenses like healthcare.

The Cincinnati metropolitan area has a cost of living that is 7.1 percent below the national average according to Forbes magazine. It noted that median income is $53,331 while a median home price in the area was $133,800.

Tell Us: Should the Government Raise the Minimum Wage?

© 2026 Newsmax. All rights reserved.


FastFeatures
Ohio's minimum wage went up 15 cents in January 2015, marking a rate of $8.10 per hour in Cincinnati and other Buckeye State cities.
minimum wage, cincinnati, ohio
280
2015-02-09
Tuesday, 09 June 2015 05:02 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.

PLEASE NOTE: All information presented on Newsmax.com is for informational purposes only. It is not specific medical advice for any individual. All answers to reader questions are provided for informational purposes only. All information presented on our websites should not be construed as medical consultation or instruction. You should take no action solely on the basis of this publication’s contents. Readers are advised to consult a health professional about any issue regarding their health and well-being. While the information found on our websites is believed to be sensible and accurate based on the author’s best judgment, readers who fail to seek counsel from appropriate health professionals assume risk of any potential ill effects. The opinions expressed in Newsmaxhealth.com and Newsmax.com do not necessarily reflect those of Newsmax Media. Please note that this advice is generic and not specific to any individual. You should consult with your doctor before undertaking any medical or nutritional course of action.

 
TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the Newsmax App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved