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

Online Access

eStatements Prior to Dec. 2012 »

Loan Rates
Deposit Rates

Donate »

Your gift to Alternatives Impact helps our community!

Becki Hawley

I have had the pleasure of enjoying Alternatives from two perspectives but I couldn't have had one without the other.

When I knew I was moving from southwestern VA to Ithaca, NY, I knew I wanted to work at Alternatives. My partner at the time said it would be the perfect job for me. I read a little online about the mission. I didn't really understand all of it, but it sounded positive and ethical. I had worked in banking for a few years and as a community-minded individual, I thought this could be a good fit. more»

Education »

Discover how you can gain control of your finances...

Alternatives Federal Credit Union ("Alternatives") provides a hyperlink to Google Translate� for convenience only and without any responsibility for the accuracy of translations. Alternatives has no control over this unrelated, free and entirely computerized translation program. Computerized translations are only an attempted approximation of the website�s original content and thus Alternatives makes no representations or warranties of any kind with respect to the accuracy, reliability or completeness of any translations. Persons using translated information do so at their own risk.