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With new ordinance, Santa Fe becomes first city to tie minimum wage to rental costs
(www.abqjournal.com)
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this post was submitted on 20 Nov 2025
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That's great, and answers a pretty important question, which is what "minimum" are we talking about when we say "minimum wage"? I very much like the idea of it being based on the amount needed to feed and to house yourself in whatever city or county you happen to live in. It makes so much sense that you almost wonder why no place does it that way...
australia kinda does it like that… our minimum wage is tied to CPI (which covers much more than just food: also entertainment, rent, transport), and afaik was originally based on living standards
in fact, australia invented the concept of a “living wage” in 1907
so it should be exactly that today: enough for an average person to live a decent existence (including entertainment, food, housing, etc)
yeah every time I talk to an Australian the jealousy is real. Y'all actually get paid enough even at minimum wage to travel, switch jobs, live decently...
https://livingwage.mit.edu/counties/35049
$7 short of actual cost of living minimum wage needed.