125 North Fulton St. Ithaca, NY 14850
Phone: (607) 273-4611
Toll Free: (877) 273-AFCU      E-mail

Living Wage 2005 Chart

Alternatives Federal Credit Union Livable Wage Study

Category Year(2004) Month (2004) Month (2002) Comments Source
Rent $7,224.00 $602.00 $527.00 Fair market rent for single bedroom apartment, including utilities. HUD
Transportation $1,839.40 $153.28 $166.54 Weighted average of amount spent on cars, public buses and bicycle. TCAT, Census, CES
Food $2,014.80 $167.90 $161.65 Average of low-cost plan Food Stamp cost for males and females 20-50. USDA
Telephone $441.84 $36.82 $26.50 Cost of local plan and 30 minutes long-distance per month. Verizon, Total Call
Health Care $1,215.12 $101.26 $91.61 Employee’s share premium Aetna Health Care plan plus additional out-of-pocket medical expenses. Consumer Expenditure Survey
Recreation $1,271.04 $105.92 $114.75 Reading materials, TV, radio, sound equipment. Claritas
Savings $630.00 $52.50 $50.00 Adjusted for inflation Alternatives
Miscellaneous $1,309.56 $109.13 $115.21 Clothing, personal care, housekeeping, small appliances, etc. Claritas
Net (Subtotal) $15,945.76 $1,328.81 $1,253.26    
Payroll $1,446.68 $120.56 $115.14    
Federal $1,286.12 $107.18 $104.45    
State $423.49 $35.29 $32.21    
TOTAL $19,102.05 $1,591.84 $1,505.06 (5.77% increase)
$9.18@40
hrs/wk; $9.67@38*
 
           
Day Care 562.50   infant/toddler NACCRRA
    395.83   preschool NACCRRA
See the Living Wage 2005 notes
See press release

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NorthStar House - Elliot Martin, Jed Ashton and Lee Hamilton

At NorthStar House, we use as many local, organic vegetables and meats as we can, so you have our word that we will do all we can to help the community grow in the healthiest way possible. Naturally we bank at Alternatives, not only because they share our goals of community development, but they also provide the tools to make those goals a reality. Alternatives has been there for us from the beginning, helping us develop a business plan in the Business CENTS program, and continues to support us as we grow and have new financial needs.


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