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Posted: 2018-06-13T14:01:16Z | Updated: 2018-06-15T16:39:32Z

A staggering gap between wages and the cost of rental housing across America threatens the stability of millions of families, according to a Wednesday report .

There is not one U.S. state, metropolitan area or county in which someone working a 40-hour week on the federal minimum wage of $7.25 can afford to rent a modest two-bed apartment. Minimum wage workers would need to work a 122-hour week, or hold down three full-time jobs, to make a modest two-bed rental home affordable.

The hourly wage needed to make a modest two-bedroom apartment affordable is $22.10 more than three times the minimum wage. Given that the average hourly wage of renters in the U.S. currently stands at $16.88, its clear the gap between wages and affordability is stark.