Average single person needs €14,864 to live a decent life
The average single person with no children needs €14,864 in income in order to live a decent life, a new study has determined. The joint project by the General Workers Union, Moviment Graffitti, Alleanza kontra l-Faqar and Rethink Advisory presented their findings on defining a National Living Income for Malta during a press conference on Friday. The study defined a national living income as not a threshold below which people would risk extreme poverty but at which and above would allow people the freedom and capability to participate fully in society. The figures were established by examining the basket of basic needs, a 1000 household survey and an economic study tracking the spending habits of households in order to afford a decent life. Based on these, the study established that a national living income should stand at around €14,864 for a single person with no children, €20,099 for a single person with one child, €26,018 for a single person with two children, €21,316 for a couple with no children, €25,746 for a couple with one child and €30,734 for a couple with two children. The final figures for the national living income included the established cost of a decent living...