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The Cost of Living <br />Seattle, Washington<br />By Olivia Evans & Emma Cooper<br />
Location<br />
Total Income and Post Tax<br />‍Olivia Evans<br />‍Occupation: Kindergarten Teacher<br />‍Initial Income: $40,000.00<br />...
Occupation: Psychologist
Initial Income: $45,000.00
FICA: $3,442.50
Post-Tax: $39,900.00
Total: $36,457.50</li></li></ul><li>Savings (approx. 10%)<br />Olivia<br /><ul><li>  Amt in savings in Union Bank: $3,000 ...
Housing<br />	13445 Martin Luther King Jr. Way S.<br />Seattle, WA 98178<br /><ul><li>Lease term: 1 year
Deposit for 2: $400
Living cost for 2: $950/month=$11,400/yr.
Renters Insurance Cost for 2: $420/ yr. with State Farm</li></li></ul><li>Housing Information<br />1,084 Square Feet<br />...
2 bathrooms
Fitness center/ pool
Washer/Dryer
Fireplace
House Cleaning Service</li></li></ul><li>Remaining Income<br />Olivia Evans<br />$30,184.00 -<br /> $200 (deposit) -<br />...
Healthcare Blue Cross of Washington<br />Age 19-29: $93/month = $1,116 annually<br />Deductable:<br />	$4000<br />	(medium...
Remaining Income<br />Olivia Evans<br />$24,074.00 -<br />     $1,116 (Healthcare)=<br />$22,958.00<br />Emma Cooper<br />...
Transportation<br />Bus: Bus transportation is provided for free within the main downtown corridor= $0.00/year<br />Walkin...
Remaining Income<br />Olivia Evans<br />$22958 -<br />$600 (transportation)<br />= $22,358.00<br />Emma Cooper<br />$26231...
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The Cost of Living

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The Cost of Living

  1. 1. The Cost of Living <br />Seattle, Washington<br />By Olivia Evans & Emma Cooper<br />
  2. 2. Location<br />
  3. 3. Total Income and Post Tax<br />‍Olivia Evans<br />‍Occupation: Kindergarten Teacher<br />‍Initial Income: $40,000.00<br />‍FICA: $3,060.00<br />‍Post-Tax: $36,244.00<br />‍Total: $33,184.00<br /><ul><li>Emma Cooper
  4. 4. Occupation: Psychologist
  5. 5. Initial Income: $45,000.00
  6. 6. FICA: $3,442.50
  7. 7. Post-Tax: $39,900.00
  8. 8. Total: $36,457.50</li></li></ul><li>Savings (approx. 10%)<br />Olivia<br /><ul><li> Amt in savings in Union Bank: $3,000 </li></ul> 1% interest = $30<br /><ul><li>Total Remaining Income:</li></ul>$33,184.00 - $3,000 = $30,184.00<br />Emma:<br />Amt in savings in union Bank: $3000<br /> 1% interest = $30<br />Total Remaining Income: <br /> $36,457.50 - $ 3,000 = $33,457.50<br />
  9. 9. Housing<br /> 13445 Martin Luther King Jr. Way S.<br />Seattle, WA 98178<br /><ul><li>Lease term: 1 year
  10. 10. Deposit for 2: $400
  11. 11. Living cost for 2: $950/month=$11,400/yr.
  12. 12. Renters Insurance Cost for 2: $420/ yr. with State Farm</li></li></ul><li>Housing Information<br />1,084 Square Feet<br />Apartment: <br /><ul><li>2 bedrooms
  13. 13. 2 bathrooms
  14. 14. Fitness center/ pool
  15. 15. Washer/Dryer
  16. 16. Fireplace
  17. 17. House Cleaning Service</li></li></ul><li>Remaining Income<br />Olivia Evans<br />$30,184.00 -<br /> $200 (deposit) -<br />$5700 (annually) -<br />210 (renter’s insurance)=<br />$24,074.00<br />Emma Cooper<br />$33,457.50-<br /> $200 (deposit) -<br />$5700 (annually) -<br />210 (renter’s insurance) =<br />$27,347.50<br />
  18. 18. Healthcare Blue Cross of Washington<br />Age 19-29: $93/month = $1,116 annually<br />Deductable:<br /> $4000<br /> (medium deductable)<br />
  19. 19. Remaining Income<br />Olivia Evans<br />$24,074.00 -<br /> $1,116 (Healthcare)=<br />$22,958.00<br />Emma Cooper<br />$27,347.50 -<br /> $1,116 (Healthcare)=<br />$26,231.50<br />
  20. 20. Transportation<br />Bus: Bus transportation is provided for free within the main downtown corridor= $0.00/year<br />Walking: $0.00/year<br />Kitsap Transit Full Fare Pass: $50.00/month = $600/year<br />
  21. 21. Remaining Income<br />Olivia Evans<br />$22958 -<br />$600 (transportation)<br />= $22,358.00<br />Emma Cooper<br />$26231.5-<br />$600 (transportation)<br />= $25,631.50<br />
  22. 22. Utilities<br />THE triple pack AT&T: Bundle TV + Internet +Home Phone for 2:<br />$89/month = $1,068/year<br />Cell phones: AT&T ($39.99 per person per month) = $480/yr.<br />Gas for 2= $30/mo.= $360/yr.<br />Electricity for 2- $45/mo. = $540/yr.<br />Water for 2= $25/mo. = $300/yr.<br />
  23. 23. Remaining Income<br />Emma Cooper<br />$25,631.50 – <br />$534 (The Triple Pack) – <br />$480 (Cell-phones) –<br />$180 (Gas) – <br />$270 (Electricity) –<br />$150 (Water) = <br />$24,017.50<br />Olivia Evans<br />$22,358.00 –<br />$534 (The Triple Pack) –<br />$480 (Cell-phones) –<br />$180 (Gas) – <br />$270 (Electricity) – <br />$150 (Water) = <br />$20,744.00<br />
  24. 24. Food<br />Super Market Groceries for 2: $600/mo. = $7,200/yr.<br />Eating Out for 2: $200/mo. = $2,400/yr.<br /> Food Total: $9,600 = $4,800 each<br />
  25. 25. Furniture<br />Television Set: Samsung - 32" Class / 720p / 60Hz / LCD HDTVModel-LN32D450G1: $300 ($150 Each)<br />Household Furniture: $800 ($400 Each)Furniture Total: $1,100 = $550 each<br />
  26. 26. Remaining Income<br />Olivia Evans<br />$20,744.00 –<br />$4,800.00 (Food) –<br />$550 (Furniture) =<br />$15,394.00<br />Emma Cooper<br />$24,017.50 – <br />$4,800.00 (Food) –<br />$550 (Furniture) = <br />$18,667.50<br />
  27. 27. Extracurricular Activities<br />Olivia:<br />Shopping- $3000<br />Vacation- 2 day stay in Vancouver: $718 (flight, food, hotel)<br />Vacation: week in the BAHAMAS! $2000 (flight, hotel, food) + $500 spending= $3500<br />Gym: free<br />Movies/ amusement parks/ musicals: $400<br />Emma:<br />Shopping- $3000<br />Vacation- 2 day stay in Vancouver: $718 (flight, food, hotel)<br />Vacation: week in the BAHAMAS! $2000 (flight, hotel, food) + $500 spending= $3500<br />Gym: free<br />Movies/ amusement parks/ musicals: $400<br />
  28. 28. Charities<br />Olivia Evans<br />Emma Cooper<br />National Homeless Charity: $2000<br />St. JudesHospital: $2000<br />Animal Shelter: $3000<br />Pink Ribbon: $2000<br />
  29. 29. Remaining Income<br />Olivia Evans<br />$15,394.00 –<br /> $6,118 (extracurricular activities) -<br />$4,000 (charities)<br />= $5,276.00<br />Emma Cooper<br />$18,667.50 – <br />$6,118 (extracurricular activities) –<br />$5,000 (charities)<br />= $7,549.50<br />
  30. 30. End<br />Olivia Evans<br />Emma Cooper<br />Savings $3000<br />Housing cost $6110<br />Healthcare $1116<br />Transportation $600<br />Utilities: $1614<br />Food: $4800<br />Furniture: $550<br />Extracurricular activities: $6118<br />Charities: $4000<br />Remaining: $5,276<br />Savings $3000<br />Housing cost $6110<br />Healthcare $1116<br />Transportation $600<br />Utilities: $1614<br />Food $4800<br />Furniture: $550<br />Extracurricular activities: $6118<br />Charities: $5000<br />Remaining: $7,549.50<br />
  31. 31. Work Cited<br />Apartments for Rent | An Apartment Finder & Guide for Rentals - ForRent.com. Web. 07 June 2011. <http://www.forrent.com/?cmp=KNC->.<br />"AT&T Special Offers & Deals on TV, Internet, Home Phone and Wireless." AT&T | Cell Phones, U-verse, Digital TV, DSL Internet, and Phone Service. Web. 07 June 2011. <http://www.att.com/shop/special-offers/>.<br />"Bus - Transit - Transportation – Living in Seattle – Seattle.gov." Seattle.gov Home Page - The Official Web Site for the City of Seattle, Washington. City of Seattle. Web. 07 June 2011. <http://www.seattle.gov/html/citizen/bus.htm>.<br />BYU Housing Services. Web. 07 June 2011. <http://housing.byu.edu>.<br />Collinson, Patrick. "Where Should I Invest My Money? | Money | The Guardian." Latest News, Comment and Reviews from the Guardian | Guardian.co.uk. Web. 07 June 2011. <http://www.guardian.co.uk/money/2010/may/29/where-invest-money>.<br />"Government Grants." IRS Tax Center - Free Online Tax Preparation, Tax Extension. Web. 07 June 2011. <http://www.irs.com/gov>.<br />"How To Invest My Money: 4 Beginner Tips - Financial Web." Financial Web - The Independent Financial Portal. Web. 07 June 2011. <http://www.finweb.com/investing/how-to-invest-my-money-4-beginner-tips.html>.<br />"Sound Transit Fare Change." Verisign Trusted. Web. 01 June 2011. <http://www.orcacard.com/ERG-Seattle//common/images/ORCA%20Product%20List.pdf>.<br />

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