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In Louisiana, you need twice the minimum wage to afford a 2-bedroom apartment

You need to make almost $17 per hour to afford the average two-bedroom apartment.
Credit: WWL-TV

NEW ORLEANS — If you live in Louisiana, you need to make 2.3 times the state's minimum wage to afford a two-bedroom apartment in the state, according to a new report. 

The report, released by the National Low Income Housing Coalition, shows you need to make almost $17 per hour to afford the average two-bedroom apartment ($877 per month). 

That requirement is more than twice the state's minimum wage of $7.25.

The group's report assumes the average person spends about 30 percent of their income on housing. In more expensive areas such as New Orleans, you need to make $19.38 per hour to afford a two-bedroom apartment. 

Vernon Parish and Baton Rouge rounded out the three most expensive areas, requiring $19.08 and $18.87 respectively for a two bedroom.

The report gets its data from the U.S. Department of Housing and Urband Development. Read the full report and see additional data about rent in Louisiana here

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