Cost of Living

by Helen Thompson

Overview

The cost of living is the amount of money a person needs to spend on housing, food, transportation, clothing, and other items that they need to live.

The cost of living isn't an exact amount of money, and doesn't mean that's all the money a person needs to live. Rather it is a term that refers to the amount of money you spend for the basic requirements of daily life.

The cost of living can go up and down based on the conditions in the economy, and depending on where you live. Living in a city typically costs more than living in rural areas, for instance.

Learn all this and more in Cost of Living.

Product Details

ISBN-13:	9781422217627
Publisher:	National Highlights Inc.
Publication date:	09/28/2010
Series:	Junior Library of Money Series
Pages:	63
Product dimensions:	7.40(w) x 9.30(h) x 0.40(d)
Lexile:	1200L (what's this?)
Age Range:	12 - 15 Years

Table of Contents

Introduction 6

What Do You Need to Live 8

How Much Does it Cost to Live? 10

Out On Your Own 12

The Cost of Having a Place to Live 14

The Cost of Eating 18

The Cost of Wearing Clothes 22

The Cost of Getting Places 26

Taking Care of Yourself 30

The Cost of Having a Good Time 34

The Cost of Communicating with Others 38

What Other Costs Are There in Life? 40

Why Does the Cost of Living Go Up? 42

What Is Inflation? 44

The History of Inflation 46

What Is the Consumer Price Index? 48

Differences in the Cost of Living 50

How Does the Government Get Involved? 52

What Does It All Mean to You? 54

Here's What You Need to Remember 57

Words You Need to Know 58

Further Reading 60

Find Out More on the Internet 61

Index 62

Photo Credits 63

About the Author and Consultant 64