Cost of Living

Cost of Living

Worksheet • 30 min of learning

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

Financial Literacy Standards

9.1: Earning Income

12.2: In addition to wages and paid benefits, employees may also value intangible (noncash) benefits, such as good working conditions, flexible work hours, telecommuting privileges, and career advancement potential.

Standards
Defined by Standards for Personal Finance: NGPF 9th-12th Grades and align with Cost of Living
12.2.c: Evaluate the tradeoffs between income and non-income factors when making career or job choices.

12.11: Owning a small business can be a person's primary career or can supplement income from other sources.

Standards
Defined by Standards for Personal Finance: NGPF 9th-12th Grades and align with Cost of Living
12.11.b: Discuss the pros and cons of small business ownership as their primary source of income.

9.2: Spending

12.1: A budget helps people achieve their financial goals by allocating income to necessary and desired spending, saving, and philanthropy.

Standards
Defined by Standards for Personal Finance: NGPF 9th-12th Grades and align with Cost of Living
12.1.b: Develop a budget to allocate current income to necessary and desired spending, including estimates for both fixed and variable expenses.

12.6: Housing decisions depend on individual preferences, circumstances, and costs, and can impact personal satisfaction and financial well-being.

Standards
Defined by Standards for Personal Finance: NGPF 9th-12th Grades and align with Cost of Living
12.6.b: Compare the short-term and long-term costs and benefits of renting versus buying a home in their city of residence.