Solved: Benito’s family is thinking of relocating from Los Angeles

Question:

Benito’s family is thinking of relocating from Los Angeles to Oakland to save money. They set up a budget comparing the cost of living for both cities. Oakland Los Angeles budget item cost housing $565 $1200 food $545 $655 health care $245 $495 taxes $450 $625 other necessities $350 $495 monthly total how much money will they save monthly by the move to Oakland?

A. $1315

B. $1560

C. $1665

D. $1765

Answer:

Oakland monthly budget = $(565 + 545 + 245 + 450 + 350)

= $2,155

Los Angeles monthly budget = $(1200 + 655 + 495 + 625 + 495)

= $3,470

Saving = Los Angeles monthly budget – Oakland monthly budget

= $(3,470 – 2,155)

= $1315

Answer: B. $1560