Calculations

SUBSIDIZED HOUSING CONTRIBUTION

In order to account for subsidized housing provided by your organization:
Step 1 — Enter your location information into the MIT Living Wage Calculator.
Step 2 — On the results page, find the Typical Expenses table and the column corresponding to the family unit of the Just threshold being targeted.
Step 3 — Subtract the corresponding value in the “Housing” row from the value in the corresponding “Required annual income before taxes” row.
Step 4 — Divide that result by 2,080 (the default number of annual work hours used in the MIT Living Wage Calculator).

These adjustment calculations should be included in the Just documentation submission.