or a family of 4, the estimated monthly cost of living in Fort Worth, Texas is $3,784. If there are 2 full-time working adults in the family, what is the average hourly living wage of each in order to support their basic needs? Round your answer to the nearest hundredth.(1 point)

Answer 1

To find the average hourly living wage for each adult, we need to divide the estimated monthly cost of living by the number of working hours in a month.

Let's assume there are approximately 160 working hours in a month (based on an average of 40 working hours per week multiplied by 4 weeks).

The estimated monthly cost of living is $3,784.

The average hourly living wage would be $3,784 / 160 = $23.65.

Therefore, the average hourly living wage for each adult is approximately $23.65.