Cost of Living

Cost of Living

Worksheet • 30 min of learning

Here's how Cost of Living aligns with curriculum standards in Washington DC. Use the filters to change the location, set of standards, and grade level.

Spending

Skills Standards

SP.S.1: Create a budget based on changing individual inputs, constraints and goals.

Standards
Defined by Financial Literacy Standards 9th-12th Grades and align with Cost of Living
Students will develop a budget to allocate current income to necessary and desired spending, including estimates for both fixed and variable expenses.

Knowledge Standards

SP.K.2: Analyze how management of financial resources changes at different income and wealth levels, considering budgeting, savings and expenditures.

Standards
Defined by Financial Literacy Standards 9th-12th Grades and align with Cost of Living
Students will analyze budgetary differences of two different income levels.

SP.K.5: Analyze factors influencing housing decisions and accessibility, such as individual preferences, discriminatory practices, costs, tax credits, budgets and housing availability and evaluate the consequences of various choices on personal satisfaction and financial well-being.

Standards
Defined by Financial Literacy Standards 9th-12th Grades and align with Cost of Living
Students will examine short-term and long-term costs and benefits of renting versus buying a home.