The costs of food and housing and education and health care and
transportation and child care and taxes have been well-defined by
organizations such as the Economic Policy Institute,
which calculated that a U.S. family of three would require an average
of about $48,000 a year to meet basic needs; and by the Working Poor Families Project, which estimates the income required for basic needs for a family of four at about $45,000. The median household income is $51,000.
http://www.alternet.org/economy/overwhelming-evidence-half-america-or-near-poverty
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