1. Cost of Living: Detroit, Michigan Chris Seng ShaliniMajumdar

2. Shalini Gross: 45,000 Occupation: Interior Designer After taxes: 30,994 After SIT: 29,036.50 After Medicaid and SS: 25,594 Chris Gross: 40,000 Occupation: Massage therapist After taxes: 26,475 After SIT: 24,735 After Medicaid and SS: 25,594 Total Income

3. Shalini Savings account at Bank of America: $1500 Checking account at Bank of America: $1059.40 Savings total: $2559.4 25,594 - 2559.4 = $23,034.60 Chris Savings account at Bank of America: $1500 Checking account at Bank of America: $667.50 Savings total: $2,167.50 21,675 - 2,167.5 = $19,507.50 Savings

4. Shalini Celtic Basic PPO Deductible: $7,500 Coinsurance: 30% Office Visit: $30 $58.46/month $701.52/year Health Insurance Chris Celtic Basic PPO Deductible: $7,500 Coinsurance: 30% Office Visit: $30 $58.62/month $703.44/year

5. Remaining Shalini Chris Health Insurance: $58.46/month x 12 months = $701.52 23,034.6 - 701.52 = 22,333.08 Health Insurance: $58.62/month x 12 months = $703.44 19,507.50 - 703.44 = 18,804.06

6. Housing Tuscan Park Apartments and Town Homes Location14075 Riverview St Detroit, MI 48223

7. Amenities Air Conditioning Business Center Onsite Cable or Satellite Carpet Cats Allowed Ceiling Fan Controlled Access Courtyard Dishwasher Extra Storage Freeway Access Garbage Disposal Pets Allowed Short Term Lease Townhouse View Washer Dryer Hookup Washer Dryer In Unit Water Sewer and Trash Window Covering Cost One Bedroom Apartment $539/month $6468/year Housing Cost and Summary

8. Remaining Income Shalini Housing – splitting rent $539/month $6468/year 22,333.08 - 3234 = $19,099.08 Housing – splitting rent $539/month $6468/year 18,804.06 - 3234 = $15,570.06

10. 2001 used Ford Taurus LX

11. Mileage: 140 miles

12. Sedan, Light Green

14. Remaining Income Shalini Chris Car total (Car + Gas): $3224.5 Car Insurance: $1500/2 = $750 Bike total: $169.00 19,099.08 - 3224.5 - 750 - 169.00 = $14,955.58 Car total (Car + Gas): $3224.5 Car Insurance: $1500/2 = $750 Bike total: $169.00 15,570.06 - 3224.5 - 750 - 169.00 = $11,426.56

15. Gas: $223.01 Water: $45/month x 12 =$540 Electricity: $70/month x 12=$840 Internet and Phone bundle: Comcast XF $75/month x 12 = $900 Watch TV on internet: FREE Utilities

16. Remaining Income Shalini Per Person: $2503.01/2 = $1,251.51 14,955.58 - 1,251.51 = $13,704.07 Per Person: $2503.01/2 = $1,251.51 11,426.56 - 1,251.51 = $10,175.05

17. Furniture 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

18. Remaining Income Shalini Chris Food: $10,000/year Furniture + Household supplies: $697.98/2 = $348.99 13,704.07 - 10,000 - 348.99 = $3,355.08 Food: $8,000/year Furniture + Household supplies: $697.98/2 = $348.99 10,175.05 - 8,000 - 348.99 = $1,826.06

19. Shalini Clothes:$1,500 Movies: $300 Vacation/Travel:$1,500 Exercise: Running outside = FREE Clothes: $1,000 Miscellaneous: $800 Exercise: Running outside = FREE Extracurricular Activites

20. Remaining Income Shalini 3,355.08 -1,500 (clothes) - 300 (movies) -1,500 (travel) = $55.08 1,826.06 -1,000 (clothes) - 800 (miscellaneous) = $26.06

21. Shalini Savings: $2559.4 Health Insurance: $701.52 Housing: $3234 Transportation: $4143.5 Utilities: $1,251.51 Food/Furniture: $10,348.99 Extracurricular: $3,300 Remaining: $55.08 Chris Savings: $2,167.50 Health Insurance: $703.44 Housing: $3234 Transportation: $4143.5 Utilities: $1,252.51 Food/Furniture: $8,348.99 Extracurricular: $1,800 Remaining: $26.06 Final Cost

22. "Health Insurance." Health Insurance - Find Affordable Health Insurance Plans and Buy Medical Coverage Online. Web. 08 June 2011. <www.ehealthinsurance.com>. "IKEA | Home Furnishings, Kitchens, Appliances, Sofas, Beds, Mattresses." Web. 03 June 2011. <www.ikea.com/us/en/>. Michigan Gas Utilities. Web. 03 June 2011. <www.michigangasutilities.com/>. New Car Pictures, Prices and Reviews - Yahoo! Autos. Web. 01 June 2011. <autos.yahoo.com/>. "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>. Walmart.com:Bikes." Walmart.com: Save Money. Live Better. Web. 08 June 2011. <www.walmart.com> Works Cited