Missouri

Living wage in Platte County, Missouri

To take home four times the typical rent here, a full-time job needs to pay at least $37.15 an hour before taxes, about $77,269 a year.

Pay needed, before taxes$37.15/hr$77,269 a year full time
Take-home needed$4,720/mo4 × $1,180 studio rent
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The numbers

Rent is the middle of 12 ZIP-level HUD studio rents in the county. HUD's county-wide figure is $1,257 (Kansas City, MO-KS HUD Metro FMR Area).

By ZIP code

Rents vary within the county. This is what the standard would be at each ZIP code's own studio rent; the county figure above is what the calculator uses.

ZIPPlaceStudio rentPay needed
64018Camden Point$1,210/mo$38.29/hr
64028Farley$1,000/mo$30.88/hr
64079Platte City$1,460/mo$47.79/hr
64089Smithville (partly)$1,280/mo$40.95/hr
64092Waldron$1,320/mo$42.47/hr
64098Weston$1,100/mo$34.18/hr
64150Riverside$930/mo$28.57/hr
64151Kansas City$1,390/mo$45.13/hr
64152Kansas City$1,300/mo$41.71/hr
64153Kansas City$1,230/mo$39.05/hr
64154Kansas City$1,430/mo$46.65/hr
64163Kansas City$870/mo$26.59/hr
64164Kansas City$1,150/mo$36.01/hr
64168Kansas City$1,320/mo$42.47/hr
64190Kansas City$1,320/mo$42.47/hr
64439Dearborn$980/mo$30.22/hr
64444Edgerton$860/mo$26.26/hr
64484Rushville (partly)$820/mo$24.92/hr

Nearby in the Missouri rankings

See all 116 in Missouri

Questions

What is the living wage in Platte County, Missouri?

Under the Four Times Rent standard, a full-time job in Platte County, Missouri needs to pay at least $37.15 an hour before taxes, about $77,269 a year. That leaves $4,720 a month after taxes, four times the typical $1,180 rent on a studio apartment.

How does that compare with the minimum wage?

The minimum wage here is $15.00 an hour (Missouri minimum wage). The standard is 2.5 times that. A full-time minimum-wage job takes home about $2,228 a month, 47% of the standard.

How is the number figured?

Take the typical monthly cost of a studio apartment, multiply by four, and divide by 160 hours of work a month. That's the take-home pay needed per hour. The pay before taxes is what it takes to keep that much after federal, state and local income taxes and Social Security and Medicare.

The idea behind the standard is laid out in Chapter 1: The Living Wage Revolution.