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You may also choose to take the Poverty Challenge independently.
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| Explaining the Poverty Budget Costs and Benefits |
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Methodology:
Housing:The United States Department of Housing and Urban Development (HUD) estimates the “Fair Market Rent” for regions around the country. Fair Market Rent is HUD’s way of determining the average rent and utilities combined in Buffalo. For a one-bedroom apartment in 2009, this cost was $602 a month. Automobile:According to the Bureau of Labor Statistics in 2007 (last available study), a household with 1 vehicle with an annual income between $10,000 and $14,999 spent $3236 annually (on average) for transportation (vehicle, gas, and related expenses). Divide $3236 by 365 days = $8.87 a day Public Transportation:An All-Zones Bus/Rail Pass for one month through Niagara-Frontier Transportation Authority costs $77. Health Care:In 2008, the Kaiser Family Foundation released a report which found that in 2008 the average employee sponsored individual health care plan cost a worker $721 a year with a $3,983 employer match for a total of $4,704. Family health care plans - on average - cost the worker $3,354 a year with a $9,325 employer match for a total of $12,680. Cable TV:The New York Times reported in May 2008 that cable customers typically pay at least $60.00/month. Cell Phone Bill:JD Power and Associates released a report in November 2007 which found that the average monthly cell phone service bill came to $63.00 a month. Internet:The Pew Internet and American Life Project reports that the average internet bill for broadband internet users was $34.50 a month in 2008. Apparel:According to the Bureau of Labor Statistics in 2007, someone making between $10,000 and $14,999 spent $779 on apparel a year. Pets:According to numbers from the American Society for the Prevention of Cruelty to Animals, an individual spends about $500 a year on supplies for a dog or cat. Food Stamps:The Food Nutrition Service of the Federal Government determines that a single individual with earned income at the poverty level would receive approximately $24. HEAP (Home Energy Assistance Program):Based on numbers from the New York State Office of Temporary and Disability Assistance, the average HEAP benefit for someone at the poverty level is $457.50. EITC (Earned Income Tax Credit)Based on the Internal Revenue Service and New York State Tax Code, the combined Federal and New York State EITC for an individual would be $195.
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