For a family of 4, the estimated monthly cost of living in Fort
Worth, Texas is $3,784. If there are 2 full-time working adults
in the family, what is the average hourly living wage of each
in order to support their basic needs? Round your answer to
the nearest hundredth. (
To find the average hourly living wage, we need to divide the estimated monthly cost of living by the number of hours worked by both adults in a month.
If there are 2 full-time working adults, this means they each work 40 hours per week for a total of 80 hours per week.
In a month, there are typically 4 weeks, so the total number of hours worked by both adults in a month is 80 hours/week * 4 weeks/month = 320 hours/month.
To find the average hourly living wage, we divide the estimated monthly cost of living by the total number of hours worked in a month:
Average hourly living wage = $3,784 / 320 hours/month.
Calculating this value gives: $3,784 / 320 hours/month ≈ $11.82.
Therefore, the average hourly living wage for each adult to support their basic needs is approximately $11.82.