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Cost of living: Nashville, TN (KW, TH)
- 1. The Cost of Living: Nashville, TN Kevin Wan Thomas Hsu
- 3. Total Income: Thomas Occupation: Computer programmer Initial Income: $55,000 Post-tax: $38,050 FICA: $3,106 State tax: $2,664 Total Disposable Income: $31,115.25
- 4. Total Income: Kevin Occupation: Aerospace Engineer Initial Income: $40,000 Post-tax: $26,467 FICA: $3,106 State tax: $1,764 Total Disposable Income: $21,597
- 5. Housing 510 Gay St City: Nashville Zip Code: 37219 Located in city center
- 7. $10,200 for an entire year
- 9. 2 bedrooms, 1 bathroom
- 10. Size: 850 square feet
- 11. 1 story condo
- 16. $124.00/month
- 17. $2,500 Deductible Plans - L07P Plan
- 18. $2500 Deductible
- 20. $124.00/month
- 21. $2,500 Deductible Plans - L07P Plan
- 22. $2500 Deductible
- 24. Transportation Central location -> walk most places 3 bus routes around Downtown Nashville free Longer bus fares costs $1.60 for a single ride Thomas: $10/month Kevin: $10/month
- 25. Remaining Income Thomas Kevin $24,527.25 -$120 annual costs $24,407.25 $15,009 -$120 annual costs $14,889
- 26. Utilities Electricity: paid for by housing Water: paid for by housing Gas: paid for by housing Cell phones: $60/month (each) Internet: $87.50/month (shared)
- 27. Remaining Income Thomas Kevin $24,407.25 -$720 cell phone $525 Internet $23,162.25 $14,889 -$720 annual costs $525 Internet $13,644
- 29. Furniture: $900
- 31. Extracurricular Activities Thomas Kevin Clothes: $500/year Tennis: $300/year Computer: $1000 Video games: $150/year Clothes: $500/year Computer: $1000 Movies: $30/year Video games: $150/year
- 32. Remaining Income Thomas Kevin $22,312.25 -$500 groceries $300 tennis $1000 computer $150 video games $20,322.25 $12,794 -$500 groceries $1000 computer $30 movies $150 video games $11,114
- 33. Savings (30% of adjusted income) Thomas Kevin $9,334 Savings account at Bank of America: $6,334 0.10% APY Checking account at Bank of America: $3,000 $6,479 Savings account at Bank of America: $4,479 .10% APY Checking account at Bank of America: $2,000
- 34. Remaining Income Thomas Kevin $20,322.25 -$9334 savings $10,988 $11,114 -$6,479 savings $4,635
- 35. End Thomas Kevin Housing: $5,100 Healthcare: $1,488 Transportation: $120 Utilities: $1,245 Food/Furniture: $850 Extracurricular: $1950 Savings: 9,334 Remaining inc: $10,988 Housing: $5,100 Healthcare: $1,488 Transportation: $120 Utilities: $1,245 Food/Furniture: $850 Extracurricular: $1680 Savings: 6,479 Remaining inc: $4,635
- 36. Works Cited Bank of America | Home | Personal. Web. 07 June 2011. <https://www.bankofamerica.com/>. The Bank Of America website was used to plan for our saving and checking accounts. Health Insurance in Tennessee, BlueCross BlueShield of Tennessee. Web. 07 June 2011. <http://bcbst.com>. The Blue Shield/BlueCross website was useful in finding a health insurance plan. Verizon.com. Web. 06 June 2011. <http://www.verizon.com>. We used the Verizon website to plan for our cell phone plans. Welcome to IKEA.com. Web. 06 June 2011. <http://ikea.com>. We went to Ikea.com to get an idea of our furniture prices. Zillow - Real Estate, Homes for Sale, Home Prices & Values. Web. 06 June 2011. <http://zillow.com>. We used this website to look up housing options.