Indeed Editorial Team
Indeed, July 26, 2025
When you accept a promotion or are applying for a new job, it's important to consider the salary range. Understanding how your salary compares to standard figures like the cost of living and minimum wage can help you assess whether it adequately meets your needs. ...
While minimum wage amounts have continued to increase among many states, many argue that the cost of living is still higher than minimum wage provides, especially for those supporting a family. ... Various groups have lobbied for or against cost of living and minimum wage increase. Some of the most notable minimum wage and cost of living arguments include: ...
- Main Street Alliance and Business for a Fair Minimum wage have supported a substantial minimum wage increase. They've argued that a wage that more accurately reflects the cost of living would contribute to more satisfied employees, more opportunities for business growth and an increase in spending. As a result, the economy would benefit. ...