What is the approved minimum wage for Texas in 2023

Texas is a state that is characterized by being an area where a significant number of Latinos have settled.

The federal minimum wage in the United States is $7.25 per hour. Although it is a low amount, which has been criticized for some time, the truth is that each state has the opportunity, based on its own legislatures, to adopt a direct payment for working hours for its resident employees. What about in the case of a place like Texas?

Texas is one of the largest states in the country. However, experts indicate that the benefits they grant their workers are not at the level of their land. And it is that for many years, wages have been stagnant in an area that is characterized by having a significant presence of Latinos as residents.

The minimum wage in Texas hasn’t changed in over a decade and they actually apply the federally authorized rate of $7.25 per hour. Experts from the Massachusetts Institute of Technology did some calculations and determined that an average single adult with no dependents needs to earn at least $16.41 per hour to survive within an acceptable standard of living.

A similar situation is found in most Texas cities, except for Houston and Austin, where bills have been passed to force companies to have more competitive wages.

Until now, for this 2022 there has been no real intention to increase the hourly wage earned by state workers, although experts indicate that, given the high inflation that is affecting the United States, this would be an urgent measure that should apply. And they should follow the example of some other states, which have implemented their own local legislatures, such as:

  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • District of Columbia
  • Delaware
  • Florida
  • Hawaii
  • Illinois
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Jersey
  • New Mexico
  • New York
  • Ohio
  • Oregon
  • Rhode Island
  • South Dakota
  • Vermont
  • Virginia
  • Washington
  • West Virginia

How much does it cost to live in Texas

According to research by Investopedia, the annual costs of living in the state are:

  • Food: $3,351 dollars
  • Health: $2,549 dollars
  • Transportation: $5,509 dollars
  • Housing: $ 10,823 dollars
  • Various other expenses: $4,508 dollars