Detroit power point

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Detroit power point

  1. 1. Cost of Living: Detroit, Michigan<br />Chris Seng<br />ShaliniMajumdar<br />
  2. 2. Shalini<br />Gross: 45,000<br />Occupation: Interior Designer<br />After taxes: 30,994<br />After SIT: 29,036.50<br />After Medicaid and SS: 25,594<br />Chris<br />Gross:40,000<br />Occupation: Massage therapist<br />After taxes: 26,475<br />After SIT: 24,735<br />After Medicaid and SS: 25,594<br />Total Income<br />
  3. 3. Shalini<br />Savings account at Bank of America: $1500<br />Checking account at Bank of America: $1059.40<br />Savings total: $2559.4<br />25,594 - 2559.4 = $23,034.60<br />Chris<br />Savings account at Bank of America: $1500<br />Checking account at Bank of America: $667.50<br />Savings total: $2,167.50<br />21,675 - 2,167.5 = $19,507.50<br />Savings<br />
  4. 4. Shalini<br />Celtic Basic PPO<br />Deductible: $7,500<br />Coinsurance: 30%<br />Office Visit: $30<br />$58.46/month<br />$701.52/year<br />Health Insurance<br />Chris<br />Celtic Basic PPO<br />Deductible: $7,500<br />Coinsurance: 30%<br />Office Visit: $30<br />$58.62/month<br />$703.44/year<br />
  5. 5. Remaining<br />Shalini<br />Chris<br />Health Insurance: $58.46/month x 12 months = $701.52<br />23,034.6 - 701.52 = 22,333.08<br />Health Insurance: $58.62/month x 12 months = $703.44<br />19,507.50 - 703.44 = 18,804.06<br />
  6. 6. Housing<br />Tuscan Park Apartments and Town Homes<br />Location14075 Riverview St<br />Detroit, MI<br />48223<br />
  7. 7. Amenities<br />Air Conditioning<br />Business Center Onsite<br />Cable or Satellite<br />Carpet<br />Cats Allowed<br />Ceiling Fan<br />Controlled Access<br />Courtyard<br />Dishwasher<br />Extra Storage<br />Freeway Access<br />Garbage Disposal<br />Pets Allowed<br />Short Term Lease<br />Townhouse<br />View<br />Washer Dryer Hookup<br />Washer Dryer In Unit<br />Water Sewer and Trash<br />Window Covering<br />Cost<br />One Bedroom Apartment<br />$539/month<br />$6468/year<br />Housing Cost and Summary<br />
  8. 8. Remaining Income<br />Shalini<br />Housing – splitting rent<br />$539/month<br />$6468/year<br />22,333.08 - 3234 = $19,099.08<br />Housing – splitting rent<br />$539/month<br />$6468/year<br />18,804.06 - 3234 = $15,570.06<br />
  9. 9. Transportation<br /><ul><li>Sharing a Car
  10. 10. 2001 used Ford Taurus LX
  11. 11. Mileage: 140 miles
  12. 12. Sedan, Light Green
  13. 13. Each getting a bike for relaxing bike rides during the summer</li></li></ul><li>Shalini<br />Car: $4,499/year<br />Gas: $1,950/year<br />Total: $6449<br />Per person: $3224.5<br />Bike - Kawasaki 26" Mountain Bike: $169.00 <br />Chris<br />Car: $4,499/year<br />Gas: $1,950/year<br />Total: $6449<br />Per person:$3224.5<br />Bike - Schwinn Aluminum Comp 26" Men's All-Terrain Bike: $169.00<br />Transportation Costs<br />
  14. 14. Remaining Income<br />Shalini<br />Chris<br />Car total (Car + Gas): $3224.5<br />Car Insurance: $1500/2 = $750<br />Bike total: $169.00<br />19,099.08 - 3224.5 - 750 - 169.00 = $14,955.58<br />Car total (Car + Gas): $3224.5<br />Car Insurance: $1500/2 = $750<br />Bike total: $169.00<br />15,570.06 - 3224.5 - 750 - 169.00 = $11,426.56<br />
  15. 15. Gas: $223.01<br />Water: $45/month x 12 =$540<br />Electricity: $70/month x 12=$840<br />Internet and Phone bundle:<br />Comcast XF<br />$75/month x 12 = $900<br />Watch TV on internet: FREE<br />Utilities <br />
  16. 16. Remaining Income<br />Shalini<br />Per Person: $2503.01/2 = $1,251.51<br />14,955.58 - 1,251.51 = $13,704.07<br />Per Person: $2503.01/2 = $1,251.51<br />11,426.56 - 1,251.51 = $10,175.05<br />
  17. 17. Furniture<br />SULTAN HARESTUASpring mattress from Ikea$99.00BEDDINGE LÖVÅSSofa bed from Ikea$199.00FJELLSEBed frame from Ikea$39.99KLUBBOCoffee table from Ikea$59.99Household Supplies: $300<br />
  18. 18. Remaining Income<br />Shalini<br />Chris<br />Food: $10,000/year<br />Furniture + Household supplies: $697.98/2 = $348.99<br />13,704.07 - 10,000 - 348.99 = $3,355.08<br />Food: $8,000/year<br />Furniture + Household supplies: $697.98/2 = $348.99<br />10,175.05 - 8,000 - 348.99 = $1,826.06<br />
  19. 19. Shalini<br />Clothes:$1,500<br />Movies: <br />$300<br />Vacation/Travel:$1,500<br />Exercise: Running outside = FREE<br />Clothes: $1,000<br />Miscellaneous: $800<br />Exercise: Running outside = FREE<br />Extracurricular Activites<br />
  20. 20. Remaining Income<br />Shalini<br /> 3,355.08<br />-1,500 (clothes)<br />- 300 (movies)<br />-1,500 (travel)<br />= $55.08<br /> 1,826.06 <br />-1,000 (clothes)<br />- 800 (miscellaneous)<br />= $26.06<br />
  21. 21. Shalini<br />Savings: $2559.4<br />Health Insurance: $701.52<br />Housing: $3234<br />Transportation: $4143.5<br />Utilities: $1,251.51<br />Food/Furniture: $10,348.99<br />Extracurricular: $3,300<br />Remaining: $55.08<br />Chris<br />Savings: $2,167.50<br />Health Insurance: $703.44<br />Housing: $3234<br />Transportation: $4143.5<br />Utilities: $1,252.51<br />Food/Furniture: $8,348.99<br />Extracurricular: $1,800<br />Remaining: $26.06<br />Final Cost<br />
  22. 22. "Health Insurance." Health Insurance - Find Affordable Health Insurance Plans and Buy Medical Coverage Online. Web. 08 June 2011. <www.ehealthinsurance.com>.<br />"IKEA | Home Furnishings, Kitchens, Appliances, Sofas, Beds, Mattresses." Web. 03 June 2011. <www.ikea.com/us/en/>.<br />Michigan Gas Utilities. Web. 03 June 2011. <www.michigangasutilities.com/>.<br />New Car Pictures, Prices and Reviews - Yahoo! Autos. Web. 01 June 2011. <autos.yahoo.com/>.<br />"Tuscan Park Apartments & Townhomes Apartments For Rent in Detroit, Michigan - Apartment Rental and Community Details - ForRent.com."  Web. 05 June 2011. <www.forrent.com/apartment-community-profile/1011551.php>.<br />Walmart.com:Bikes." Walmart.com: Save Money. Live Better. Web. 08 June 2011. <www.walmart.com><br />Works Cited<br />

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