125 North Fulton St. Ithaca, NY 14850
Phone: (607) 273-4611
Toll Free: (877) 273-AFCU      Contact

Living Wage Chart 2007

Alternatives Federal Credit Union Living Wage Study (2007)

Category Month (2004) Month (2006) % change Year(2006) Comments Source
Rent $602.00 $628.00 4.32% $7,536.00 Fair Market Rent for single bedroom apartment including utilities HUD
Food $167.90 $180.95 7.77% $2,171.40 Average of Low-cost Plan Food Stamp cost for males and females ages 20-50 USDA
Transportation $153.28 $164.22 7.14% $1,970.60 Weighted average of amount spent on cars, public transportation TCAT, Census, BLS
Communication $36.82 $56.48 53.39% $677.76 Local and 30 min long distance. Add DSL. Verizon
Health Care $101.26 $122.62 21.09% $1,471.45 Employee's share of premium plus out of pocket medical expenses Alternatives, BLS
Recreation $105.92 $100.00 -5.59% $1,200.00 Discretionary. Computer/Internet access moved to Communication
Savings $52.50 $56.00 6.67% $672.00 Adjusted for inflation BLS
Miscellaneous $109.13 $105.08 -3.71% $1,261.00 Apparel, personal care, small appliances/houseware Claritas
Net (Subtotal) $1,328.81 $1,413.35 6.36% $16,960.21
Payroll Tax $120.56 $130.42 $1,565.00
Federal Tax $107.18 $118.58 $1,423.00
State Tax $35.29 $41.83 $502.00
TOTAL $1,591.84 $1,704.18 7.06% $20,450.21 $10.35 @ 38 hrs/wk; $9.83 @40
Day Care Infant/Toddler $562.50 $702.72 24.93% DayCareCouncil
Day Care Preschool $395.83 $651.31 64.54% DayCareCouncil

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Laurie and Zoe Hill

Our family's strongest connection to Alternatives started at the Student Credit Union branch at Fall Creek Elementary School. Zoe started as a Saver and I as a Teller five years ago. Zoe is a regular depositor. I started putting money into my savings account on a more regular basis when we realized that it would be a good place to have a vacation account - one we didn't have a debit card or checkbook for. We saved enough for a trip to Zurich to visit friends on sabbatical and then the fast train to Paris.


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