Via Shutterstock

Via Shutterstock

$28.04. That’s how much a person needs to make an hour in order to rent a two-bedroom unit in D.C. With that number, according to the National Low Income Housing Coalition’s newest report, D.C. has the second highest housing wage required to afford rent for a two-bedroom unit.

Of course, that’s compared to states, so there’s a necessary asterisk when the District of Columbia is compared to states. Still, there’s no denying that the cost of living in D.C. has been rapidly rising in recent years.

According to the NLIHC’s new report, entitled “Out of Reach,” D.C. is counted among 13 states where people need to earn more than $20 an hour in order to afford to rent a two-bedroom apartment. The Fair Market Rent for a two-bedroom apartment in D.C., the report says, is a whopping $1,458, without utilities. Without paying more than 30 percent of income on housing, a household would need to earn $4,860 a month—or $58,320 a year—to afford that.

But for those who are living off of the minimum wage, which is currently $9.50 an hour (it’ll go up to $10.50 an hour on July 1, and $11.50 in 2016), it’s not easy to make the FMR for a two-bedroom unit. You’d have to work 118 hours a week at minimum wage—or hold down three minimum wage jobs—to afford to live in such a unit.

All is not grim in D.C., however. In her budget proposal, Mayor Muriel Bowser draws a financial plan for creating more affordable housing in D.C., setting aside $100 million to the Housing Production Trust Fund and at least $2.4 million toward rental assistance through the D.C. Housing Authority.

You can read the full “Out of Reach” report here.