Hartford Business Journal Special Editions

Stuff CT-2020

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18 STUFF • 2 0 2 0 | STUFFMadeInCT.com Making bank Certain industries will pay their employees more than other industries, depending on how much money companies are making and how in-demand its employees are. Manufacturing, with its large amounts of revenue and a need for a younger workforce, pays better than most. Rent (900 sq.ft. in a normal area) ......................................$1,444 ........... $1,407 Groceries (2,400 calories/day ) ..............................................................$425 .............. $425 Utilities (electric, gas, heat, water, garbage) .......................................$100 .............. $137 Internet ................................................................................. $70 .................$63 Tranportation (public transportation) ................................. $72 .................$65 Gym membership ........................ $42 .................$35 Entertainment (2 or 3 meals out; 2 or 3 movies; 4 cocktails in a club) .......................... $180 .............. $170 Total monthly expenses ..... $2,332 ...... $2,302 How much does it cost for a young person to live in Connecticut? How much do Connecticut manufacturing jobs pay? Assembler Education needed: High-school diploma Average annual salary: $39,541 Monthly earnings (before taxes): $3,295 Machinery mechanic Education needed: High-school diploma and a year of on-the-job training Average annual salary: $67,080 Monthly earnings (before taxes): $5,590 Sources: expatistan, numbeo.com HARTFORD NEW HAVEN

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