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
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?
$1315
$1560
$1665

Answer 1

$1315

Step-by-step explanation:

The monthly total cost of living in Oakland is:

$565 (housing) + $545 (food) + $245 (health care) + $450 (taxes) + $350 (other necessities) = $2155

The monthly total cost of living in Los Angeles is:

$1200 (housing) + $655 (food) + $495 (health care) + $625 (taxes) + $495 (other necessities) = $3470

Therefore, the monthly savings by moving from Los Angeles to Oakland would be:

$3470 - $2155 = $1315

So, the answer is $1315.

Answer 2

The correct answer is $1315.

To calculate the monthly savings, we can subtract the cost of living in Oakland from the cost of living in Los Angeles. The difference in monthly cost of living is:

$1200 - $565 = $635

$655 - $545 = $110

$495 - $245 = $250

$625 - $450 = $175

$495 - $350 = $145

Adding all of these differences together, we get $1315. This is the amount of money that Benito's family would save each month by moving to Oakland.

The other two answer choices are incorrect. $1560 is the total cost of living in Oakland, and $1665 is the total cost of living in Los Angeles. Therefore, Benito's family would not save $1560 or $1665 by moving to Oakland.

Step-by-step explanation: