"The Economic Policy Institute offers a more comprehensive calculator, one that was recently updated for 2013 and that now includes 600 communities across the country and six family types," reports Emily Badger. "The EPI Family Budget Calculator includes geographically adjusted costs for housing, food, child care, transportation, health care, other necessities, and taxes, in search of what it takes to achieve a 'secure yet modest living standard.'"
"The numbers that come out the other end don't look anything like the federal poverty line. How much does a two-parent, two-child household in New York City need? $93,502."