Living in Boise, Idaho

By Michael Chong & Ryan Ung

LOCATION: BOISE, IDAHO

TOTAL INCOME: INITIAL AND POST TAX

Ryan Ung Occupation:

Biomedical Engineer Initial Income:

$45,000 FICA:$3,442.50 Post Tax:$39,912 Total: $36,469.50

Michael Chong Occupation: Material

Science Engineer Initial Income: $45,000 FICA:$3,442.50 Post Tax:$39,912 Total: $36,469.50

HOUSING

2816 Abbs LaneBoise, Idaho 83705

Housing Information:-Bed Rooms: 2-Bathrooms: 1.5-Lot Size: 435 sq ft-Year Built: 1985

HOUSING COST•Total Price: $49,000•Monthly Payment: $296.00

•Total Yearly Payment per a person: $1776.00

REMAINING INCOME

$36,469.50- $1776.00(housing)

$34,693.50

Ryan Ung Michael Chong

$36,469.50- $1776.00(housing)

$34,693.50

HEALTHCARE:

Dental Insurance

Healthy Smiles Preventive Plan-$14.29/ Month/ Per Person

Total Yearly Cost: $171.48 per person No Benefit Period Coverage Limit Plan

Health Insurance

Blue Cross of Idaho Essential Blue PPO Plan-$63.56/ Month/

Per Person Total Yearly Cost: $762.72 per person $1000 Deductible 20% Coinsurance for in-network

services

Ryan Ung Michael Chong

Total Yearly Cost for Health Insurance Per Person: $934.20

Dental Insurance

Healthy Smiles Preventive Plan-$14.29/ Month/ Per Person

Total Yearly Cost: $171.48 per person No Benefit Period Coverage Limit Plan

Health Insurance

Blue Cross of Idaho Essential Blue PPO Plan-$63.56/ Month/

Per Person Total Yearly Cost: $762.72 per person $1000 Deductible 20% Coinsurance for in-network

services

REMAINING INCOME

$36,469.50- $1776.00(housing)- $934.20 (healthcare)

$33,759.30

Ryan Ung Michael Chong

$36,469.50- $1776.00(housing)- $934.20 (healthcare)

$33,759.30

TRANSPORTATION:

Motorcycle: 2011 Ducati 848 EVO Superbike

MSRP:$12,995 Down Payment: $0 Interest Rate:$0 Term:0 Monthly Payments:0 Motorcycle insurance:

$210.00/year   Gas cost @45mpg and

$3.45/gal: $339.48

Ryan Ung Michael Chong

Motorcycle: 2011 Ducati 848 EVO Superbike

MSRP:$12,995 Down Payment: $0 Interest Rate:$0 Term:0 Monthly Payments:0 Motorcycle insurance:

$210.00/year Gas cost @45mpg and

$3.45/gal: $339.48

REMAINING INCOME

$36,469.50- $1776.00(housing)- $934.20 (healthcare)- $13,334.38

(transportation)$20,424.82

Ryan Ung Michael Chong

$36,469.50- $1776.00(housing)- $934.20 (healthcare)- $13,334.38

(transportation)$20,424.82

UTILITIES (ANNUAL SHARED COST):

Electricity (Idaho Power): $940.80 Water (United Water): $360 Gas (Intermountain Gas): $480 Phone (Sprint): $1199.88 Internet (Qwest): $539.40

Ryan Ung Michael Chong

REMAINING INCOME

Ryan Ung Michael Chong

$36,469.50- $1776.00(housing)- $934.20 (healthcare)- $13,334.38 (transp.)- $1,759.64 (Utilities)

$18,665.18

$36,469.50- $1776.00(housing)- $934.20 (healthcare)- $13,334.38 (transp.)- $1,759.64 (Utilities)

$18,665.18

FOOD:

Cost for Groceries $75 per a week $300 per a month $3,600 for one yearCost to Dine out $60 per week $240 per a month $2,880 for one year

Total Cost for Food: $6,480 a year

Ryan Ung Michael Chong

Cost for Groceries $75 per a week $300 per a month $3,600 for one yearCost to Dine out $60 per week $240 per a month $2,880 for one year

Total Cost for Food: $6,480 a year

REMAINING INCOME

Ryan Ung Michael Chong

$36,469.50- $1776.00(housing)- $934.20

(healthcare)- $13,334.38

(transp.)- $1,759.64

(Utilities)- $6,489 (Food)

$12,176.18

$36,469.50- $1776.00(housing)- $934.20

(healthcare)- $13,334.38 (transp.)- $1,759.64 (Utilities)- $6,489 (Food)

$12,176.18

EXTRACURRICULAR ACTIVITIES:

Travel: $1000/year Crane Creek Country

Club (golf, tennis, swimming, gym, clubhouse)- $1500/year

Snow sports (Bogus Basin): $429

Clothes- $1000/year

Airline Lounge Membership (One World + Malaysia Airlines): $400/year

Visiting Family: $300/year

Visiting Home Country: $2,500/year

Clothes- $1000/year

Ryan Ung Michael Chong

REMAINING INCOME

Ryan Ung Michael Chong

$36,469.50- $1776.00(housing)- $934.20

(healthcare)- $13,334.38

(transp.)- $1,759.64

(Utilities)- $6,489 (Food)- $3,929 (E.C.)

$8,247.78

$36,469.50- $1776.00(housing)- $934.20

(healthcare)- $13,334.38

(transp.)- $1,759.64

(Utilities)- $6,489 (Food)- $4,200 (E.C.)

$7,976.78

SAVINGS:

$8,247.78 Savings Account (

Bank of America)- $6000

APY 0.05% Checking Account

(Bank of America)- $2247.78

$7,976.78 Savings Account (

Bank of America)- $4000

APY 0.05% Checking Account

(Bank of America)- $3976.78

Ryan Ung Michael Chong

REMAINING INCOME

Ryan Ung Michael Chong

$36,469.50- $1776.00(housing)- $934.20 (healthcare)- $13,334.38 (transp.)- $1,759.64 (Utilities)- $6,489 (Food)- $3,929 (E.C.)- $8,247.78 (savings)

$0

$36,469.50- $1776.00(housing)- $934.20 (healthcare)- $13,334.38 (transp.)- $1,759.64 (Utilities)- $6,489 (Food)- $4,200 (E.C.)- $7,976.78 (savings)

$0

WORKS CITED

Zillow.com

Bcidaho.com

Bankofamerica.com

Ducati.com

Geicomotorcycles.com

LivingNIdaho.com