Renters face higher costs in Rhode Island

The report highlights rising housing costs in Rhode Island, where the hourly wage needed to rent a two-bedroom home has increased, making it more difficult for residents to afford housing. Despite a minimum wage increase to $17 in 2027, workers still need to work about 85 hours weekly to afford rent at market rates. The report emphasizes the ongoing challenge of housing affordability and advocates for increased federal funding and policy solutions to address the crisis.

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