this post was submitted on 02 Jun 2025
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$15? $25? $0 because the children yearn for the mines?

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[–] nickwitha_k@lemmy.sdf.org 5 points 6 days ago

It should be tied to the highest COL region (so that it does not economically limit geographic mobility) and it should allow someone living there to:

  • Pay rent of a 1b/1ba apartment at current market rate with less than 1/3 income. As well as utilities (Internet included)
  • Pay for a healthy diet at current costs of food.
  • Pay for all medical care that could be necessary (this shouldn't actually cost anything but a small tax on the income).

And

  • Pay for tuition and all costs associated with being a full-time university student while working 25% of the year. Or
  • Leave sufficient income after expenses to save up for a market rate home in 5-7 years of working full-time.

(Note that this is all predicated on continued use of a capitalist economic system and would likely be much easier to achieve in ways not directly tied to wage in a more advanced economic system.)