In 2022, there were nearly 425,000 Illinois children under the age of 18 in poverty according to the U.S. Census Bureau. The official federal poverty level (FPL) for a household with two adults and two children was $29,678. However, that’s just the beginning of the story.
With its “Living Wage Calculator”, the Massachusetts Institute of Technology estimates that an Illinois family of the same makeup needs $81,772 dollars to cover the cost of its minimum basic needs, which includes taxes, while still being self-sufficient. That’s more than 275% FPL.