City and State | Washington D.C. | Boston, Massachusetts | Denver, Colorado | Omaha, Nebraska | Portland, Oregon |
Family of four estimated monthly living costs, USD | 3392.00 | 3113.00 | 3115.00 | 2309.00 | 2989.00 |
Monthly living costs per person (k), USD | 848.00 | 778.00 | 779.00 | 577.00 | 747.00 |
Capitalization years of living costs (t) | 17 | 17 | 17 | 17 | 17 |
Minimum Wage by State (per hour), USDa | 16.15 | 13.73 | 13.83 | 9.69 | 14.26 |
Value of the constant (p) | 0.0865 | 0.0831 | 0.0834 | 0.0809 | 0.0866 |
The average value of the constant p from 5 states | 0.0841 |