St. Louis, MissouriAnisha Patel and Ellen Rojc

Period 1

The Cost of Living:

LocationSt. Louis, Missouri

Total Income: Initial and Post-taxAnisha Ellen

Occupation: Principal Ballet Dancer in the St. Louis BalletInitial Income: $55,000FICA: $4207.50Missouri State Income Tax: $2,739Federal Tax: $7,600Post-Tax: $44,661TOTAL: $40,453.50

Occupation: AccountantInitial Income: $40,000FICA: $3,060.00Missouri State Income Tax: $1,839Federal Tax: $6,180Post-Tax: $31,981TOTAL: $28,921.00

SavingsAnisha$2,313.68Savings Account at

Bank of America: $1,563.68

(0.08% APY)Checking Account at

Bank of America $750

Ellen$3,236.28Savings Account at

Bank of America: $2,436.28

(0.08% APY)Checking Account at

Bank of America $800

Remaining IncomeAnisha$28,921.00-$2313.68 (Savings)=$26,607.32

Ellen$40,453.50-$3,236.28 (Savings)=$37,217.22

Housing5927 Suson PlaceApartment #2City: St. LouisZip Code: 63139

Housing CostsLease Term: 1 YearDeposit: $300Living Cost: $8,880 annuallyRenter’s Insurance Cost: $240 annuallySize: 800 square feet1 Story Apartment

- 2 bedrooms- 1 bathroom/bath

Remaining IncomeAnisha$26,607.32-$150 (Deposit)-$4,440 (Annual Cost)-$120 (Renters’

Insurance)=$21,897.32

Ellen$37,217.22-$150 (Deposit)-$4,400 (Annual Cost)-$120 (Renter’s

Insurance)=$32,507.22

Healthcare: AnthemAnisha $734.52 annually $61.21/month/per

person CoreShare (0%

Coininsurance)$10,000 deductible

health plan0% Coinsurance for

in-network services Individual coverage

Ellen$734.52 annually $61.21/month/per person CoreShare (0%

Coininsurance)$10,000 deductible

health plan 0% Coinsurance for in-

network services Individual coverage

Remaining IncomeAnisha

$21897.32-$734.52=$21,162.8

Ellen$32507.22-$734.52=$31,772.7

TransportationMetro Transit –

St.Louis (For one year)

Monthly Pass $68.00 per person(68x12 = 816 x2 = $1,632 for two people per year)

Remaining IncomeAnisha

$21162.8-$816.00=$20346.8

Ellen$31772.7-$816.00=$30956.7

Utilities (Calculated on an Annual Basis, Shared

Cost)

Electricity: $1195.84Water: $138.36Gas: $428.00Phone: $456.00Internet: $358.80

Remaining IncomeAnisha $20346.80-$597.92 (Electricity)-$69.18 (Water)-$214.00 (Gas)-$228.00 (Phone)-$179.40 (Internet)=$19058.30

Ellen$30956.70-$597.92 (Electricity)-$69.18 (Water)-$214.00 (Gas)-$228.00 (Phone)-$179.40 (Internet)=$29668.20

Food and Furniture Anisha $5200 annually

Breakfast $20 per week (at home) Lunch $20 per week (packed

lunch for work/fast food) Dinner $35 on

weekends(restaurants) and $25 for the weekdays (at home)

Household Furniture $450 (split cost)

TV: $79.99 (Coby - 16" Class/ 720p / 60Hz / LCD HD TV DVD Combo)

Household Supplies: $450

Ellen $6240 annually

Breakfast $20 per week (at home)

Lunch $30 per week (packed lunch for work/fast food)

Dinner $40 on weekends (at restaurants) and $30 for the weekdays (at home)

Household furniture $450 (split cost)

TV: $79.99 (Coby - 16" Class/ 720p / 60Hz / LCD HD TV DVD Combo)

Household Supplies $450

Remaining IncomeAnisha$19058.38-$5200.00 (Food)-$450.oo (Furniture)-$79.99 (Television)-$450.00 (Household

Supplies)=$12878.39

Ellen$29668.20-$6240.00 (Food)-$450.00 (Furniture)-$79.99 (Television)-$450.00 (Household

Supplies)=$22448.01

Extracurricular ActivitiesAnishaClothes $1,325Movies $110

EllenClothes $1,410Movies $110

Remaining Income

End

Works Cited