Minimal Quality of Life: The true cost of economic well-being

The MQL expands on LISEP’s True Living Cost (TLC), incorporating essential expenses beyond mere survival, encompassing factors crucial to well-being, growth, and upward mobility.

This includes not only necessities like housing, food, and healthcare but also education, transportation, technology and more.

By tracking costs associated with this “basket of American dream essentials,” the MQL provides a more holistic view of what it means for individuals to have a minimal quality of life in America.