Full-time pay falls short of basic expenses for many San Diego County households
Study finds 38% of working-age households have incomes too low for the cost of living
The cost of a basic, no-frills lifestyle without public or private assistance is beyond the reach of 38% of all working age households in San Diego County, this new study shows.
Making Ends Meet 2014 quantifies a harsh financial reality faced by many San Diegans who live on incomes above the official poverty measures, but below self-sufficiency. The report’s demographic analysis is based on the Self-Sufficiency Standard, a more accurate measure of economic hardship than the Federal Poverty Thresholds because it includes county-specific costs such as housing, transportation, child care, food and taxes, for specific family types.
Key Findings Include:
The data demonstrate that the Great Recession continues for many San Diegans. The share of households living below the Self-Sufficiency Standard has grown from 30% in pre-recession 2007 to 38% in 2012, the most recent year for which all data are available. That’s an increase of 71,472 households struggling to get by.