by Kevin Wilhelm 12/26/2014
In 2014, Connecticut United Ways also released the ALICE Report on financial hardship in Connecticut. ALICE stands for Asset Limited, Income Constrained, Employed.
The report revealed that 20 percent of Middlesex County families earn above the federal poverty threshold but are still unable to afford the basics. The federal poverty threshold for a family of four is about $24,000, yet this does not even begin to reflect the cost of living in Connecticut.
The minimum cost of basic necessities like housing, food, health care, childcare, and transportation will run a family of four $64,689 a year, yet 51 percent of all Connecticut jobs pay less than $20 an hour — or slightly more than $40,000 annually.
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