For a family of four, the estimated monthly cost of living in Fort Worth Texas. Is $3784 if there are 2 full-time working adults in the family. What is the average hour living wage for each in order to support their basic needs? Round your answer to the nearest hundred
To determine the average hourly living wage for each adult, we'll divide the estimated monthly cost of living by the number of working hours in a month.
Assuming a typical work month consists of 40 hours per week and there are around 4.35 weeks in a month, the total number of working hours would be:
40 hours/week * 4.35 weeks/month = 174 hours/month
Now, we'll divide the estimated monthly cost of living by the total number of working hours:
$3784 / 174 hours = $21.78 (rounded to the nearest hundredth)
Therefore, the average hourly living wage for each adult to support their basic needs in Fort Worth, Texas is $21.78 (rounded to the nearest hundredth).