I believe a living wage adjusted for the cost of living in each state would not only greatly improve the lives of workers since they will be able to more easily afford basic necessities, but a living wage will also benefit the economy because the average American will now have more cash to then buy goods from small businesses and corporations.
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You probably meant that it would be beneficial for every worker to have a wage that allows them to maintain a certain living standard: being able to rent an apartment, own a car, eat healthily, et cetera, right? In this case, I agree, it would be - but the devil is in the details. How do you suggest for it to be accomplished? If the answer is "through a government-enforced regulations", for example, then I am fairly sure that the benefits will be far outweighed by unintended negative consequences, as history has shown again and again and again.
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