United Ways of California releases financial stability report

A financial stability report on California households released by United Ways of California reveals information about the Real Cost Measure in the state.

The report will be discussed during an in-depth look at the Real Cost Measure from noon to 1 p.m. Tuesday at the San Luis Obispo County Public Library. The event is free and open to the public.

Findings from the report show that nearly one in three San Luis Obispo County households are struggling to meet basic needs. The report also found that 3.2 million California households don’t earn enough income to account for the type of expenses essential to maintain an adequate level of economic security.

The report introduces the Real Cost Measure, a tool that could be more effective at depicting a realistic picture of poverty than the Federal Poverty Line.

The full report can be found online at www.unitedwaysca.org/realcost. For more information, contact 541-1234.

This story was originally published November 22, 2015 at 1:05 PM with the headline "United Ways of California releases financial stability report."