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The Cost of Living inSan Diego, CA By PronitDutta and Nick Hong Period 4
Location San Diego, CA
Total Income: Initial and Post Tax PronitDuttaOccupation: MayorInitial Income: $55,000FICA: $4,207.50Post Tax: $43,269.27TOTAL: $39,061.77 Nick HongOccupation: Fashion DesignerInitial Income: $60,000FICA: $4,590.00Post Tax: $45,841.22TOTAL: $41,251.22
Savings PronitDutta $11,000 Savings Account at Bank of America: $8,000 .05% (APY) Checking Account at Bank of America: $3,000 Nick Hong ,[object Object]
Savings Account at Bank of America: $8,000
.05% (APY)
Checking Account at Bank of America: $3,000,[object Object]
Housing 5550 Genesee Court East San Diego, CA 92111
Location Lease Term: 1 yearDeposit: $800Living Cost: $11,940 annuallyRenters Insurance: $204 annuallySize: 600 square foot1 Story Apartment1 Bathroom1 Bed Room
Remaining Income PronitDutta $28,061.77 - $400 (deposit) - $5,952 (living cost) - $102(renters insurance) $21,607.77 Nick Hong $30,251.22 - $400 (deposit) - $5,952 (living cost) - $102(renters insurance) $23,797.22
Healthcare – Blue Shield PronitDutta $1,068 Annually $89/month/per person Shields Saving Plan 4000 (HSA Compatible Plan): PPO $4,000 deductible health plan $0 after deductible with preferred providers/ 50% with non-preferred providers Individual Coverage Nick Hong ,[object Object]
$89/month/per person
Shields Saving Plan 4000 (HSA Compatible Plan): PPO
$4,000 deductible health plan
$0 after deductible with preferred providers/ 50% with non-preferred providers
Individual Coverage,[object Object]
Utilities Electricity: Paid for by apartment association Water: Paid for by apartment association Gas: Paid for by apartment association Phone: $70 (unlimited minutes/texting) + $50 (4g data plan) = $120 Monthly(each person)/$1440 Annually(per person) Internet: $33 month/ $396 annuallyTOTAL: $1,836 per person
Remaining Income PronitDutta $20,539.77 - $1440 (Cell Phone) - $396(Internet) $18,703.77 Nick Hong $22,729.22 - $1440 (Cell Phone) - $396(Internet) $20,893.22
Transportation We will be using the San Diego transit system and in other cases we will be using fixed gear bikes. Bus Pass: $72 monthly/$864 annually (one for each person) Fixed Gear Bike: $656 (one for each person)TOTAL: $1,520 per person
Remaining Income PronitDutta $18,703.77 - $1440 (Bus Pass) - $396 (Fixed Gear Bikes) $18,703.77 Nick Hong $20,893.22 - $1440 (Bus Pass) - $396(Fixed Gear Bikes) $20,893.22

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San Diego 4 - Nick and Pronit Econ

  • 1. The Cost of Living inSan Diego, CA By PronitDutta and Nick Hong Period 4
  • 3. Total Income: Initial and Post Tax PronitDuttaOccupation: MayorInitial Income: $55,000FICA: $4,207.50Post Tax: $43,269.27TOTAL: $39,061.77 Nick HongOccupation: Fashion DesignerInitial Income: $60,000FICA: $4,590.00Post Tax: $45,841.22TOTAL: $41,251.22
  • 4.
  • 5. Savings Account at Bank of America: $8,000
  • 7.
  • 8. Housing 5550 Genesee Court East San Diego, CA 92111
  • 9. Location Lease Term: 1 yearDeposit: $800Living Cost: $11,940 annuallyRenters Insurance: $204 annuallySize: 600 square foot1 Story Apartment1 Bathroom1 Bed Room
  • 10. Remaining Income PronitDutta $28,061.77 - $400 (deposit) - $5,952 (living cost) - $102(renters insurance) $21,607.77 Nick Hong $30,251.22 - $400 (deposit) - $5,952 (living cost) - $102(renters insurance) $23,797.22
  • 11.
  • 13. Shields Saving Plan 4000 (HSA Compatible Plan): PPO
  • 15. $0 after deductible with preferred providers/ 50% with non-preferred providers
  • 16.
  • 17. Utilities Electricity: Paid for by apartment association Water: Paid for by apartment association Gas: Paid for by apartment association Phone: $70 (unlimited minutes/texting) + $50 (4g data plan) = $120 Monthly(each person)/$1440 Annually(per person) Internet: $33 month/ $396 annuallyTOTAL: $1,836 per person
  • 18. Remaining Income PronitDutta $20,539.77 - $1440 (Cell Phone) - $396(Internet) $18,703.77 Nick Hong $22,729.22 - $1440 (Cell Phone) - $396(Internet) $20,893.22
  • 19. Transportation We will be using the San Diego transit system and in other cases we will be using fixed gear bikes. Bus Pass: $72 monthly/$864 annually (one for each person) Fixed Gear Bike: $656 (one for each person)TOTAL: $1,520 per person
  • 20. Remaining Income PronitDutta $18,703.77 - $1440 (Bus Pass) - $396 (Fixed Gear Bikes) $18,703.77 Nick Hong $20,893.22 - $1440 (Bus Pass) - $396(Fixed Gear Bikes) $20,893.22
  • 21.
  • 22. Furniture: $450 (split cost) - $225
  • 24. Apple Hard Drive (1 TB): $270
  • 25. Household Supplies: $300 (split cost) - $150TOTAL: $11,375
  • 26. Remaining Income PronitDutta $18,703.77 - $10,000 (food) - $225 (furniture) - $1,000 (MacBook Pro) - $270 (1 TB Apple Hard Drive) - $150(household supplies) $7,058.77 Nick Hong $20,893.22 - $10,000 (food) - $225 (furniture) - $1,000 (MacBook Pro) - $150(household supplies) $9,518.22
  • 27.
  • 29. Netflix: $72 annually (split cost) - $36
  • 30. Concerts: $180 annually (about 6 concerts per year: $30 tickets)TOTAL: $2,636
  • 31. Remaining Income PronitDutta $7,058.77 - $1,500 (clothes) - $300 (gym) - $36 (Netflix) - $180 (concerts) $4,422.77 Nick Hong $9,518.22 - $1,500 (clothes) - $300 (gym) - $36 (Netflix) - $180 (concerts) $6,882.22
  • 32.
  • 39. Bibliography Works Cited "Amazon.com: 5 PC. Set Natural Solid Pine Wood Dining Room Kitchen Table and 4 Chairs: Home & Garden." Amazon.com: Online Shopping for Electronics, Apparel, Computers, Books, DVDs & More. Web. 08 June 2011. <http://www.amazon.com/Natural-Solid-Dining-Kitchen-Chairs/dp/B001QJHXJA>. "Amazon.com: SMALL SOFA AUTUMN MAPLE: Kitchen & Dining." Amazon.com: Online Shopping for Electronics, Apparel, Computers, Books, DVDs & More. Web. 04 June 2011. <http://www.amazon.com/SMALL-SOFA-AUTUMN-MAPLE/dp/B0032PDNZ4>. "Apple Drive Module (MB838G/A) - Removable Hard Drive." Printers, Monitors - Cost Central. Web. 08 June 2011. <http://www.costcentral.com/proddetail/Apple_Drive_Module/MB838GA/Y72636/froogle/>. Cox Communications. Web. 06 June 2011. <http://ww2.cox.com/residential/orangecounty/shop/internet-promotion.cox?sc_id=sem_r_oc_int>. "Get Started - Wireless from AT&T." Cell Phones, Cell Phone Plans, & Wireless Accessories - from AT&T. Web. 06 June 2011. <http://www.wireless.att.com/cell-phone-service/cell-phone-plans/data-connect-plans.jsp>. "Health Insurance California, Health Insurance Quotes, Individual Health Insurance." Blue Shield of California. Web. 05 June 2011. <https://www.blueshieldca.com/bsc/home/home.jhtml>. "Modus Furniture SP18F6 Newport California King Size Simple Platform Bed in Cordovan - Pricefalls.com." Pricefalls Online Stores - Electronics, Computers & Accessories, Other Great Buys at Clearance Prices. Web. 07 June 2011. <http://www.pricefalls.com/products/Modus-Furniture-SP18F6-Newport-California-King-Size-Simple-Platform-Bed-in-Cordovan/id/20645977>. "Park Genesee in San Diego, CA." Apartments for Rent & Homes for Rent - Rent.com® Apartment Finder. Web. 05 June 2011. <http://www.rent.com/rentals/california/san-diego-and-vicinity/san-diego/clairemont/park-genesee/470665/?sp=1>. "Renters Insurance - State Farm." State Farm Insurance - Auto Insurance, Car Insurance, Life, Homeowners, & More. Web. 05 June 2011. <http://www.statefarm.com/insurance/renters/renters.asp>. Type, Route. "Fares and Day Passes." San Diego Metropolitan Transit System. Web. 08 June 2011. <http://www.sdmts.com/fares.asp>.