125 North Fulton St. Ithaca, NY 14850
Phone: (607) 273-4611
Toll Free: (877) 273-AFCU      E-mail

Living Wage Study - 2002

Category Year (2002) Month (2002) Month (2000) Comments
Rent $6,324.00 $527.00 $504.00 Fair market rent for single bedroom apartment, including utilities. Source: HUD
Transportation $1,998.53 $166.54 $151.23 Weighted average of amount spent on cars, public buses and bicycle. Source: Claritas and WOW
Food $1,939.80 $161.55 $152.30 Average of low-cost plan Food Stamp cost for males and females 20-50. Source: USDA
Telephone $318.00 $26.50 $25.97 Source: Verizon, Ithaca
Health Care $1,099.36 $91.61 $82.72 Employee’s share premium Aetna Health Care plan plus additional out-of-pocket medical expenses. Source: Alternatives’ Human Resource Manager; Claritas
Recreation $1,377.00 $114.75 $107.23 Reading materials, computer hardware, software, TV, radio, sound equipment. Source: Claritas
Savings $600.00 $50.00 $50.00 Source: Alternatives Federal Credit Union
Misc $1,382.50 $115.21 $113.71 Clothing, personal care, housekeeping, small appliances, etc. Source Claritas
Net (Subtotal) $15,039.19 $1,253.26 $1,187.16 (5.57% increase)
Payroll $1,381.65 $115.14 $111.82  
Federal $1,253.43 $104.45 $129.26  
State $386.53 $32.21 $33.47  
Total $18,060.80 $1,505.06 $1,461.71 (2.97% increase) $8.68@40 hrs/wk; $ 9.14@38*
Day Care Expenses        
Age 2   $628.30   Source Day Care Council
Ages 3,4   $541.61   Source Day Care Council

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Cisela Edstrom Wildes

I was born and raised in Sweden, but have several old connections with Ithaca. It was exciting to open an account with Alternatives when my late Swedish husband, Dag, and I moved to help start Ecovillage in Ithaca back in 1993, as it was exactly the kind of bank we wanted to support and be part of. We returned to Sweden in 1997, but I kept my account with Alternatives. I have found it easy to have this account even though I lived in Sweden and now live in the Northwest - and it's my intention to continue to stay with Alternatives in the future when I plan to move out of the country again.


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