Question

Part III: The Cost of Living While taxes vary by state, another factor to keep in mind is cost of living, defined as "the amount of money needed to sustain a certain level of living." It includes things like the cost of housing, food, transportation, and more. In this activity, let's compare how costs vary between different locations using NerdWallet's Cost of Living Calculator. To compare cost of living: • Input one location in the "I currently live in" box • Input the other location in the "I want to live in" box • Enter your current income Let's use Marcel as our test case. Let's say that Marcel was trying to see the difference between living in San Francisco, CA and Portland, OR. Use the Cost of Living Calculator to determine the price of a few items in each place and the difference in costs. Remember, he makes $35,000/year. Product Cost San Francisco, CA Portland, OR Difference 2-Bed Apt. Rent Gasoline Dozen Eggs Gallon of Milk Movie ticket

Answer 1

Cost of living is the cost a person incur to live in a city to maintain the standard of living. The calculation is shown as under:
Cost of troing duct cost uslo Sanfronuso & CA Postlaw OR Different hlubo Red Roon, Art of $4128 $2679 $1,40g Cosalline Dozen eggs Callon of halk Morre ficket $3.82 $3.49 $2.341 $15.04 $3.22 $2.12 $1.93 $11.334 $0.60 $1.37 0.41 $ $3.71 ر (زرا (((نی I is more expensive Sanfranesco, CA to live in

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