1. THE COST of LIVING:
St. Luis, MO
By:
Jessica Harada
and
SamirFaza

2. LOCATION
St. Louis, MO
3. Total Income: Initial and Post Tax
JessicaOccupation: TeacherInital Income45,000FICA3,442.50Post-Tax37,986Total34,543.5
SamirOccupation: AccountantInital Income40,000FICA3,060Post-Tax34,001Total30,941
4. Saving
Saving after Income Taxes
Jessica
Saving: 10%
Amount: $3454.35
Savings account at Bank: $2400
.05% APY
Checking account at bank of America: $1054.35
Samir
Saving: 5%
Amount: $1547.05
Saving account at Bank: $1000
.05% APY
Checking account at bank of America: $547.05
5. Remaining Income
Samir
Disposable Income ($30,941.00) Savings ($1,547.05) = $29,393.95
Jessica
Disposable Income ($34,543.50) Savings ($3,454.35) = $31,089.15
6. Housing
Warson Village Town House Apartments
1000 Darwick Court
City: St. Louis, MO
Zip Code: 63132
7. Housing Cost
Lease Term: 12 Months
Deposit: $400
Living Cost: $11,580 annually ($965/month) - ($5990/person annually)
Renter's Insurance cost: $17/month
Size: 1350 sq feet
2 story apartment
2 bedrooms
1.5 bathroom
1 bath
Covered parking
Fitness Center
8. Remaining Income
Jessica
$31,089.15
-$200 (Deposit)
-$5,990 (Annual Cost)
-$102 (Renters Insurance)
$24,797.15
Samir
$29,393.95
-$200 (Deposit)
-$5,990 (Annual Cost)
-$102 (Renters Insurance)
$23,101.95
9. HealthcareUnited Health Insurance
Samir
$832.62 Annually $69.39/month/per person
United Health One Copay Select 20%$3,500 Deductable
20% Coinsurance for in-network services Individual coverage
Jessica
$1019.28 Annually $111/month/per person
United Health One Copay Select 20%$3,500 Deductable
20% Coinsurance for in-network services Individual coverage
10. Remaining Income
Jessica
$24,797.15 - $1,019.28(healthcare)
= $23,777.87
Samir
$23,101.95 - $832.62 (healthcare)
= $22,269.33
11. Transportation
Lease for 36 months: 9450 total, 4725 per person
Car Lease: Honda Accord Sedan $270/month
Car Insurance: AAA Car Inurance 2107.23 annually / 175.60 per month
Price of Gas Per Gallon: $3.65 (mid)Roughly estimated 9 gallon usage: $32.85854.10 a year for gas per person
12. Remaining Income
Jessica
$23,777.87 - $4,725(Lease) - $854.10(Gas) - $1053.62(Insurance)
=$17,145.15
Samir
$22,269.33 - $4,725(Lease) - $854.10(Gas) - $1053.62(Insurance)
=$15,634.61
13. Utilities
Utilities combined per year.
Electricity: $757.08
Water: $840
Gas: $450
Phone:
AT&T Nation 1400 Family Talk with Rollover and DataPlus 200 MB
Cell phone plan: $89/month total
DataPlus plan: $30/month total
$1428
Internet, Home Phone and CableCox Good Bundle
$845.76
14. Remaining Income
Jessica
$17,145.15 - $378.54(Electric) - $420(Water) - $225(Gas) $714(Phone) - $422.88(Cox Cable/Phone/Internet)
= $14,984.73
Samir
$15,634.61 - $378.54(Electric) - $420(Water) - $225(Gas) $714(Phone) - $422.88(Cox Cable/Phone/Internet)
=$13,474.19
15. Food/Furniture
Jessica
Food: $10,000
Furniture: $400 (split cost)
TV: $202 (split cost)
Supplies: $250
Samir
Food: $9,000
Furniture: $400 (split cost
TV: $202
Supplies: $250
16. Remaining Income
Jessica
$14,984.73 - $10,000(Food) $400(Furniture) $202(TV) - $250(Supplies)
=$4132.73
Samir
$13,474.19 - $9,000(Food) $400(Furniture) $202(TV) - $250(Supplies)
=$3622.19
17. Extracurricular Activities
Jessica
Clothes: $1500
Netflix: $54/year per person
Travel: $1,800
Total: $3354
Samir
Clothes: $1200
Netflix: $54/year per person
Cardinal season tickets: $2025/year
Total: $3270
18. Remaining Income
Jessica
$4,132.73 - $1,500(Clothes) - $54(Netflix) - $1,800(Travel)
=$778.73
Samir
$3,622.19 - $1,200(Clothes) - $54(Netflix) - $2025(Cardinal Tickets)
=$343.19
19. End
Jessica
Savings: $3,454.35
Housing Costs: $6,6092
Healthcare: $1,019.28
Transportation: $6,632.72
Utilities: $2,160.42
Food/Furniture: $10,852
Extracurricular Activities: $2,954
Remaining Income: $778.73
Samir
Savings: $1,547.05
Housing Costs: $6,6092
Healthcare: $832.62
Transportation: $6,632.72
Utilities: $2,160.42
Food/Furniture: $10,852
Extracurricular Activities: $3,270
Remaining Income: $343.19