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Project Final

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Project Final Project Final Presentation Transcript

  • ATLANTA, Georgia
    The Cost of Living Project
    Hera Maryam --- Erica McGale
  • Basic Information
    Hera Maryam
    Gross Salary:
    $50,000.00
    Job:
    Medical Assistant (Starting level position)
    Erica McGale
    Gross Salary:
    $45,000.00
    Job:
    Medical Lab Assistant (Starting level position)
  • Taxation
    Hera Maryam
    Dues:
    Federal Income Tax from EZ1040: $6, 338.00
    Social Security Withholdings with Medicare: $3,825.00
    State Income Tax: $3,000
    Disposable Income: $36,837.00
    Erica McGale
    Dues:
    Federal Income Tax from EZ1040: $5,088.00
    Social Security Withholdings with Medicare: $3,442.50
    State Income Tax: $2,700.00
    Disposable Income: $33,769.50
  • Savings
    Hera Maryam
    TOTAL Savings: $14,066.54 (28.13%)
    Savings Account in CitiBank: $12,000.00
    APY: .0525
    Checking Account in CitiBank: $2,066.54
    Erica McGale
    TOTAL Savings: $10,439.00 (23.20%)
    Savings Account in CitiBank: $9,000.00
    APY: .0525
    Checking Account in CitiBank: $1,439.04
  • Housing
    Dunwoody Pointe
    7901 Roswell Road
    Atlanta, GA 30350
    2 beds, 2 bath
    Rent: $707.00 (15 month lease)
    Deposit: $250.00
    Rental Insurance: $15.83 monthly
    TOTAL Annual Cost Per Person: $4461.98
  • Healthcare
    UnitedHealthOne Insurance
    Copay Select Plan for both Hera and Erica
    Deductible: $7,500
    Co-pays: $35.00
    Coinsurance (% paid by insurance / % paid by insured): 80/20
    Monthly Premium: $99.31
    TOTAL Annually Per Person: $1191.72
  • Transportation
    MARTA Transit Bus Line
    1 hour trip to downtown, 1 transfer.
    Bus stop .2 miles away from apartment.
    MARTA 30-Day Bus Pass for $68.00
    Both Hera and Erica will take the bus (need Pass)
    TOTAL Annually per Person: $816.00
  • Utilities
    Cell phone (AT and T)
    $30.00 monthly
    Internet (CLEAR, 4G, Wireless)
    $35.00 monthly
    Netflix (Instant)
    $8.00 monthly
    Water
    $60.00 per apartment
    Electricity (Georgia Power)
    $125.00 monthly
    Gas (Georgia Natural Gas, Standard)
    $40.46 monthly
    All costs will be shared between Hera and Erica
    TOTAL Annually Per Person: $1970.76
  • Food
    Hera Maryam
    $165.00 per week
    $120.00 groceries
    $45.00 for eating out
    2-3 times a week
    $8,580.00 Annually
    Erica McGale
    $165.00 per week
    $120.00 groceries
    $45.00 for eating out
    2-3 times a week
    $8,580.00 Annually
  • Extracurricular Activities
    Hera Maryam
    Shopping for Self : $2,000.00
    Furniture/Home: $750.00
    Gifts: $500.00
    Vacations: $1,500
    Activities: $600.00
    Books: $100.00
    Other: $300.00
    Erica McGale
    Shopping for Self: $2,500.00
    Furniture/Home: $750.00
    Gifts: $500.00
    Vacations: $1,500
    Activities: $700.00
    Books: $60.00
    Other: $300.00
  • AnnualExpenses Overview
  • Works Cited
    "AT and T Cell Phone Plans." AT and T Wireless. Web. 6 June 2011. <http://www.wireless.att.com/cell-phone-service/cell-phone-plans/index.jsp>.
    "CLEAR Home and On-the-go Internet Plans." CLEAR WIRELESS. 6 June 2011. Web. <http://www.clearwirelessinternet4g.com/>.
    "Crime Rates for Atlanta, GA." Neighborhood Scout. Web. 2 June 2011. <http://www.neighborhoodscout.com/ga/atlanta/crime/>.
    "Dunwoody Pointe." Rent.com. Web. 3 June 2011. <http://www.rent.com/rentals/georgia/atlanta-and-vicinity/atlanta/buckhead/dunwoody-pointe/332315/>.
    "Fares and Discounts." MARTA-Metropolitan Atlanta Rapid Transit Authority. Web. 6 June 2011. <http://www.itsmarta.com/fares-passes.aspx#fare_table>.
    "Georgia State Income Tax." Tax Rates. Web. 3 June 2011. <http://www.tax-rates.org/Georgia/income-tax/>.
    "Health Insurance Quotes." UnitedHealth One. Web. 4 June 2011. <https://www.uhone.com/Quote/QuotePerson.aspx>.
    "Netflix." Netflix. Web. 7 June 2011. <www.netflix.com>.
    "Price Plans-New Customores." Georgia Natural Gas. Web. 6 June 2011. <http://www.onlygng.com/residential/priceplans_new.asp>.
    "Rental Insurance Quotes." ERenter Plan. Web. 6 June 2011. <http://www.erenterplan.com/QUOTE/zip/30331.aspx>.
    "Trust Fund Data." Social Security Online. Web. 2 June 2011. <http://www.ssa.gov/oact/progdata/taxRates.html>.
  • The End