The Cost of Living:St. Louis, Missouri

Annie LuDavid Lee

Initial Income & Post-Tax IncomeAnnie

· Occupation: Marketing manager

· Initial income: $45,000

· FICA: $3442.50

· Federal income tax: $5088

· State income tax: $1800

· Disposable income: $34,669.50

David

· Occupation: Assistant Manager

· Initial income: $40,000

· FICA: $3060

· Federal income tax: $4175

· State income tax: $1600

· Disposable income: $31,165

SavingAnnie

· 20% saving: $6,933.90

· Bank of America savings account: $5,000

· APY: 0.08

· Bank of America checking account: $1933.90

David

· 20% saving: $6,233

· Bank of America savings account: $5,000

· APY: 0.08

· Bank of America checking account: $1233

Housing

· 400 N. Fourth St.

· Gentry's Landing Apartment

· City: St. Louis, Missouri

· Zip Code: 63102

· 400 N. Fourth St.

· Gentry's Landing Apartment

· City: St. Louis, Missouri

· Zip Code: 63102

Housing (2) · Lease Term: month to month

· Monthly rent: $855

· Deposit: $200

· Living cost: $10,260

· Renter's insurance: $331 annually

· Size: 1,050 sq ft

· 2 bedroom apartment

· 2 baths

· gym & pool

· located in downtown St. Louis

· close to metro station

HealthcareAnnie

· Blue Cross Anthem

· $74.95 per month/$899.40 annually

· Plan type: PPO

· 30% Coinsurance after deductible

· Annual deductible: $2,500

· Individual coverage

David

· Blue Cross Anthem

· $74.95 per month/$899.40 annually

· Plan type: PPO

· 30% Coinsurance after deductible

· Annual deductible: $2,500

· Individual coverage

Transportation

· Lease for 1 year: $1902 per person

· Car Lease: Hyundai Elantra $317/month

· Car Insurance: Allstate, $1380 annually, $281 on a monthly basis

· Price of Gas Per Gallon: $3.49

· Roughly estimated 800 gallon usage: $2,792 a year

Utilities(Annual shared cost)

· Gas: $1,058.72

· Electricity: $63.09 per month - $63.09(12)=$757.08

· Water: 3 water closets + 2 baths + 2 showers=$93.56/3 months x 4=$374.24

· Phone & Internet: AT&T Home Phone, Internet & Wireless Bundle - $77.94(12)=$935.28

Food

Annie

· $80 per week for grocery shopping.

· $80 per week for restaurants.

· Annual cost: $8,320

David

· $60 per week for grocery shopping

· $80 per week for restaurants

· Annual cost: $7,280

Extracurricular Activities(Annual cost)

Annie

· Clothes, make up, and bags: $3000

· Travel, Vacations: $3000

· Movies: $150

· Electronics & Others: $500

Total: $6650

David

· Clothes: $1500

· Travel, Vacations: $3000

· Video Games: $500

· Movies: $150

Total: $5150

Remaining Income

Annie DavidInitial income $45,000

FICA $3,442.50

Federal income tax $5,088

State income tax $1,800

Saving (20%) $6,988.50

Housing $5,295.50

Healthcare $899.40

Transportation $3,988

Utilities $1,562.66

Food $8,230

Activities $6,650

Remaining income $1,055.44

Initial income $45,000

FICA $3,442.50

Federal income tax $5,088

State income tax $1,800

Saving (20%) $6,988.50

Housing $5,295.50

Healthcare $899.40

Transportation $3,988

Utilities $1,562.66

Food $8,230

Activities $6,650

Remaining income $1,055.44

Initial income $45,000

FICA $3,442.50

Federal income tax $5,088

State income tax $1,800

Saving (20%) $6,988.50

Housing $5,295.50

Healthcare $899.40

Transportation $3,988

Utilities $1,562.66

Food $8,230

Activities $6,650

Remaining income $1,055.44

Initial income $45,000

FICA $3,442.50

Federal income tax $5,088

State income tax $1,800

Saving (20%) $6,988.50

Housing $5,295.50

Healthcare $899.40

Transportation $3,988

Utilities $1,562.66

Food $8,230

Activities $6,650

Remaining income $1,055.44

Initial income $45,000

FICA $3,442.50

Federal income tax $5,088

State income tax $1,800

Saving (20%) $6,988.50

Housing $5,295.50

Healthcare $899.40

Transportation $3,988

Utilities $1,562.66

Food $8,230

Activities $6,650

Remaining income $1,055.44

Initial income $45,000

FICA $3,442.50

Federal income tax $5,088

State income tax $1,800

Saving (20%) $6,988.50

Housing $5,295.50

Healthcare $899.40

Transportation $3,988

Utilities $1,562.66

Food $8,230

Activities $6,650

Remaining income $1,055.44

Initial income $40,000

FICA $3,060

Federal income tax $4,175

State income tax $1,600

Saving (20%) $6,233

Housing $5,295.50

Healthcare $899.40

Transportation $3,988

Utilities $1,562.66

Food $7,280

Activities $5,150

Remaining income $759.44