Cost of living continues to rise

A new report is suggesting that the median wage in Iowa just is not enough for families to make ends meet.

The 2014 report from the Iowa Policy Project found that the cost of living has gone up, while wages have stayed the same.

The numbers show substantial increases in costs of housing, food, transportation and child care.

We spoke with a manager from manpower in north Iowa who said businesses and companies are finding themselves in a tough spot when it comes to balancing wages and rising costs.

“It’s kind of a double edged sword for customers because their expenses have gone up as well but they have to keep everything in check so that’s where they have to look at being competitive but also making smart business decisions as well,” says Manpower Branch Manager, Tony Buhr.

The report suggests that the findings will put some context into the heated political debate about whether to raise the minimum wage to $10.0 per hour.

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