Domestic Economy
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Minimum Wage Covers 38% of Urban Households’ Expenses

Minimum Wage Covers 38% of Urban Households’ Expenses
Minimum Wage Covers 38% of Urban Households’ Expenses

Workers' wages cover only 38% of their living costs in urban areas and 69% in rural areas.
The gap between a worker's annual salary and the costs of living is 300 million rials ($1,075) in urban areas and 80 million rials ($286) in rural areas. 
As a result, households are seeking other sources of income to protect themselves against the rising inflation. 
According to the Statistical Center of Iran, inflation stood at 34.8% in the last fiscal year (March 2019-20) and stood at 34.4% and 37.3% for urban and rural areas respectively. 
According to the Ministry of Cooperatives, Labor and Social Welfare, the average annual expenses of an urban household increased by 21% in the last Iranian year to exceed 480 million rials ($1,720) compared with 400 million rials ($1,433) in the preceding year. 
Their annual income, on the other hand, grew by 24% from 449.5 million rials ($1,611) to 540 million rials ($1,935), the Persian-language daily Etemad reported.

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