Have been pretty fascinated lately by the whole concept of the "Living Wage".

In FL the living wage is about $15 if you're a single adult with 0 kids. Gonna post the chart though below. This is 2020 data.



I thought it would be kind of interesting to put this into perspective by assuming that these numbers are roughly accurate, and then to ask ourselves "what if I liked smoking every day" , or "what if I liked drinking twice a week" and putting that into perspective.

For me, if/when I drink, it's about $10 worth of liquor, and maybe a couple of tallboy beers. So let's say $15 a night. Drinking twice a week = $30 / 168 hours = $0.17. So barely has any impact on my hourly costs of living.

Up it to $200 because maybe I want to ring up $100 bills at bars twice a week on my Sat/Sun, and it becomes a dramatic $1.19 extra hourly cost of living. About 8% increase to my living wage if I choose to do that often.

If you're a pack a day smoker, that's about $7/24 = $0.29 added on to your living wage.

I like weed tbh, and if I smoke that every day it's actually about $0.35 added on to my living wage when I factor in the licensing, and how much product I go through a week, and on the tools/devices associated with it.

My gym membership is $35/mo, or $0.05 added on to the living wage.

I don't have a car payment, but if I did, apparently in the USA as a whole the average car payment for a new vehicle is $563/mo, which translates to $0.78 extra hourly cost of living. Though keep in mind this doesn't factor in earning equity on a depreciating asset, so it might be closer to $0.5 extra hourly cost of living, for example.