It's not enough, at least not for the whole country. We already have $10 minimum wage in California and it is absolutely not enough to cover the cost of living in many/most parts of the state. In San Francisco, median rental cost for a 1 bedroom house is $3,560 per month. Working a $10 minimum wage, that would mean 89 hour weeks just to pay rent, assuming no other expenses. Even "cheap" parts of the state, like Fresno, you're looking at around $800 for a 1 bedroom, which means that if you're working 40 hour weeks, fully 50% of your monthly salary goes to rent before additional expenses. Then you got like electricity, gas, water, trash collection, tv, internet, etc, easily an additional $300-400/month. That leaves you around $400, about $13 a day, to divide up between food and whatever else you want/need to spend money on. And all that is assuming that you are only providing for yourself, and don't have any children which come with a whole set of expenses.