Effective January 1, 2022, the minimum wage is $14.25 per hour and the service rate (applied to workers who provide services to customers and who make more than $20 a month in tips) is $6.15. Effective January 1, 2023, the minimum wage is $15.00 and the service rate is $6.75.
What is the living wage in Cambridge?
£10.90 an hour
All Cambridge Colleges should, at minimum, be paying their staff the new, increased Real Living Wage of £10.90 an hour.
What is a good hourly wage in Massachusetts?
$40.44 is the 75th percentile. Wages above this are outliers. $46.18 is the 90th percentile.
What state has the highest minimum wage 2022?
But if we’re getting technical, the northwest state of Washington has the highest minimum wage of any state in the U.S. at $14.49 an hour. Below that is Massachusetts with a $14.25 per hour minimum wage and then California and Connecticut tied with a $14.00 per hour minimum wage.
What is the minimum wage for a waitress in Massachusetts?
Massachusetts employers must pay servers and service workers the “service minimum wage” of $5.55 per hour (as of 2021) and must also ensure that the combined service rate and tips received by each server/service worker equal or exceed the state minimum wage ($13.50 as of 2021).
Is Cambridge an affordable place to live?
According to Payscale.com, housing in Cambridge, MA is 220 percent higher than the national average. The median home price is $1,109,025 and the median rent price is $3,474/month. The average rent price for a one-bedroom apartment is $3,014/month.
Is Cambridge a high cost area?
Family of four estimated monthly costs are 3,212$ (2,656£) without rent. A single person estimated monthly costs are 930$ (769£) without rent. Cambridge is 30.67% less expensive than New York (without rent).
How much does it cost to live comfortably in Massachusetts?
How much does it cost to live in Massachusetts per month? A single person in Massachusetts needs about $3,792 per month to live comfortably.
How much money do you need to be happy in MA?
$139,125
The minimum salary to be happy in Massachusetts is $139,125, compared with $114,975 in the Granite State. The findings were based on a Purdue study published in the journal Nature Human Behaviour, which reviewed how income, emotional well-being and life satisfaction are all connected.
What is considered high income in Massachusetts?
Average Household Income: $115,964. Per Capita Income: $45,555. 14.3% of Households in Massachusetts are High Income Households that make over $200,000 a year.
Median Household Income in Massachusetts by Age of Householder.
| Massachusetts | |
|---|---|
| Householder 45 to 64 years | $103,973 |
| Householder 65 years and over | $52,973 |
What will the minimum wage be in 2022 in MA?
$14.25 per hour
Effective January 1, 2022, the minimum wage is $14.25 per hour and the service rate (applied to workers who provide services to customers and who make more than $20 a month in tips) is $6.15. Effective January 1, 2023, the minimum wage is $15.00 and the service rate is $6.75.
What state has lowest minimum wage?
Two states, Georgia and Wyoming, have a minimum wage of $5.15 for employers exempt from the Fair Labor Standards Act, according to the Department of Labor. Most companies, though, use the federal minimum wage of $7.25.
What state has $15 an hour minimum wage?
How many states have a $15 minimum wage? As of January 2023, the answer is just three — California ($15.50), Massachusetts ($15) and Washington ($15.74). But that won’t be the case for long. Several states have scheduled minimum wage increases to reach $15 an hour in the coming years.
What is considered a living wage in Massachusetts?
Living Wage Calculation for Massachusetts
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $21.88 | $43.77 |
| Poverty Wage | $6.19 | $12.74 |
| Minimum Wage | $14.25 | $14.25 |
What is overtime pay in Massachusetts?
Overtime compensation
Most employees must be paid 1.5 times their regular hourly rate for all hours worked in excess of 40 hours in a given work week. State law does not call for overtime after 8 hours in a day. Some employees are exempt from overtime, such as executives, professionals, and some seasonal workers.
What state has the highest minimum wage?
Washington D.C.
Minimum wage laws vary from state to state, with some states tying their minimum wage to the cost of living while others have a set dollar amount. The highest minimum wage is in Washington D.C. at $16.10 per hour, followed by Washington at $14.49 and Massachusetts at $14.25.
Where should I live if I work in Cambridge MA?
The Best Cambridge Neighborhoods | Where to Live in Cambridge (…
- MIT – Massachusetts Institute of Technology in Cambridge.
- Agassiz-Harvard – Cambridge’s Ivy League University Neighborhood.
- Cambridgeport – Southern Community Along the River.
- Riverside – Great Cambridge Neighborhood for Families.
Is it cheaper to live in Cambridge or Boston?
According to Numbeo, Boston has a slightly cheaper cost of living compared to Cambridge. You will typically need to spend around $6,613 per month in Boston compared to $6,800 per month in Cambridge to maintain the same standard of living. This amount covers rent, utilities, and food.
Is Cambridge MA nice to live?
Cambridge, Mass. has been ranked the second-best city to live in the U.S. according to a new rankings report from Niche.
Is Cambridge MA cheap?
Overall, Cambridge is 50% more expensive than the average town. However, most of this is due to housing. Housing is 126% more expensive than the rest of the United States.
What are the nicest areas of Cambridge?
Best places to live in Cambridge
- De Freville Avenue. Property on De Freville Avenue and the adjacent roads are particularly sought after.
- Chesterton.
- Trumpington Road.
- Hills Road.
- Madingley Road.
- Newmarket Road.
- Milton Road.
- Mill Road.