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Proposal

Proposal. Li , Steven Kazi , Safat Marcum , Cal Staples, Andy. Question??. Big city vs. small town Which would allow us to live in more comfort? Which would provide a better retirement savings?. Scenario.

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Proposal

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  1. Proposal

    Li, Steven Kazi, Safat Marcum, Cal Staples, Andy
  2. Question?? Big city vs. small town Which would allow us to live in more comfort? Which would provide a better retirement savings?
  3. Scenario Mechanical Engineer with 5 years experience considers job offers from 2 different scenarios Each job offers the average ME salary for the particular location Live/work in BIG city Live/work in SMALL city
  4. Factors to consider Real estate value in each city Healthcare in each city Using average starting salary for engineers Cost to maintain, insure, and pay for the same model car/ house Annual Cost of living
  5. Cities Los Angeles, CA Jackson, MI Population – 33,500 Average ME salary - $56,550 Average house value - $82,320 Population – 3.8 Million Average ME salary - $89,580 Average house value - $465,700
  6. Resources CNN cost of living: http://cgi.money.cnn.com/tools/costofliving/costofliving.html Edmunds http://www.edmunds.com/ Healthcare quote http://www.bcbs.com/ The Business Journals http://www.bizjournals.com City Data http://www.city-data.com
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