The Cost of Living inSan Diego, CA

By Pronit Dutta and Nick Hong

Period 4

• San Diego, CA

Pronit Dutta

Occupation: Mayor

Initial Income: $55,000

FICA: $4,207.50

Post Tax: $43,269.27

TOTAL: $39,061.77

Nick Hong

Occupation: Fashion Designer

Initial Income: $60,000

FICA: $4,590.00

Post Tax: $45,841.22

TOTAL: $41,251.22

Pronit Dutta

• $11,000

• Savings Account at Bank of

America: $8,000

• .05% (APY)

• Checking Account at Bank of

America: $3,000

Nick Hong

• $11,000

• Savings Account at Bank of

America: $8,000

• .05% (APY)

• Checking Account at Bank of

America: $3,000

Pronit Dutta

$39,061.77

- $11,000(savings)

$28,061.77

Nick Hong

$41,251.22

- $11,000 (savings)

$30,251.22

5550 Genesee Court East

San Diego, CA 92111

• Lease Term: 1 year

Deposit: $800

Living Cost: $11,940 annually

Renters Insurance: $204 annually

Size: 600 square foot

1 Story Apartment

1 Bathroom

1 Bed Room

Pronit Dutta

$28,061.77

- $400 (deposit)

- $5,952 (living cost)

- $102(renters insurance)

$21,607.77

Nick Hong

$30,251.22

- $400 (deposit)

- $5,952 (living cost)

- $102(renters insurance)

$23,797.22

Pronit Dutta

• $1,068 Annually

• $89/month/per person

• Shields Saving Plan 4000 (HSA

Compatible Plan): PPO

• $4,000 deductible health plan

• $0 after deductible with preferred

providers/ 50% with non-preferred

providers

• Individual Coverage

Nick Hong

• $1,068 Annually

• $89/month/per person

• Shields Saving Plan 4000 (HSA

Compatible Plan): PPO

• $4,000 deductible health plan

• $0 after deductible with preferred

providers/ 50% with non-preferred

providers

• Individual Coverage

Pronit Dutta

$21,607.77

- $1,068(health insurance)

$20,539.77

Nick Hong

$23,797.22

- $1,068(health insurance)

$22,729.22

• Electricity: Paid for by apartment association

• Water: Paid for by apartment association

• Gas: Paid for by apartment association

• Phone: $70 (unlimited minutes/texting) + $50 (4g data plan) =

$120 Monthly(each person)/$1440 Annually(per person)

• Internet: $33 month/ $396 annually

TOTAL: $1,836 per person

Pronit Dutta

$20,539.77

- $1440 (Cell Phone)

- $396(Internet)

$18,703.77

Nick Hong

$22,729.22

- $1440 (Cell Phone)

- $396(Internet)

$20,893.22

We will be using the San Diego transit system and in

other cases we will be using fixed gear bikes.

• Bus Pass: $72 monthly/$864 annually (one for each

person)

• Fixed Gear Bike: $656 (one for each person)

TOTAL: $1,520 per person

Pronit Dutta

$18,703.77

- $1440 (Bus Pass)

- $396 (Fixed Gear Bikes)

$18,703.77

Nick Hong

$20,893.22

- $1440 (Bus Pass)

- $396(Fixed Gear Bikes)

$20,893.22

Pronit Dutta

• Food: $10,000 each person (Monthly:

$350 eating out/ $550 groceries)

• Furniture: $450 (split cost) - $225

• Macbook Pro: $1,000 each

• Apple Hard Drive (1 TB): $270

• Household Supplies: $300 (split cost) -

$150

TOTAL: $11,645

Nick Hong

•Food: $10,000 each person (Monthly:

$500 eating out/ $333 groceries)

•Furniture: $450 (split cost) - $225

•Macbook Pro: $1,000 each

•Apple Hard Drive (1 TB): $270

•Household Supplies: $300 (split cost) -

$150

TOTAL: $11,375

Pronit Dutta

$18,703.77

- $10,000 (food)

- $225 (furniture)

- $1,000 (MacBook Pro)

- $270 (1 TB Apple Hard Drive)

- $150(household supplies)

$7,058.77

Nick Hong

$20,893.22

- $10,000 (food)

- $225 (furniture)

- $1,000 (MacBook Pro)

- $150(household supplies)

$9,518.22

Pronit Dutta

• Clothes: $1,500

• Gym: $300 annually

• Netflix: $72 annually (split cost) - $36

• Concerts: $180 annually (about 6

concerts per year: $30 tickets)

TOTAL: $2,636

Pronit Dutta

• Clothes: $1,500

• Gym: $300 annually

• Netflix: $72 annually (split cost) - $36

• Concerts: $180 annually (about 6

concerts per year: $30 tickets)

TOTAL: $2,636

Pronit Dutta

$7,058.77

- $1,500 (clothes)

- $300 (gym)

- $36 (Netflix)

- $180 (concerts)

$4,422.77

Nick Hong

$9,518.22

- $1,500 (clothes)

- $300 (gym)

- $36 (Netflix)

- $180 (concerts)

$6,882.22

Pronit Dutta

• Savings: $11,000

• Housing: $6,454

• Healthcare: $1,068

• Utilities: $1,836

• Transportation: $1,520

• Food/Furniture: $11,645

• Extracurricular Activities: $2,636

Remaining: $4,422.77

Nick Hong

• Savings: $11,000

• Housing: $6,454

• Healthcare: $1,068

• Utilities: $1,836

• Transportation: $1,520

• Food/Furniture: $ 11,375

• Extracurricular Activities: $2,636

Remaining: $6,882.22

Bibliography

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