See all 12th Grade Standards
Cost of Living

Cost of Living

Worksheet • 30 min of learning
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Here's how Cost of Living aligns with curriculum standards in Council for Economic Education . Use the filters to change the location, set of standards, and grade level.

Standards
Defined by National Standards 12th Grade and align with Cost of Living
12-2a: Select a product or service and describe the various factors that may influence a consumer's purchase decision.
12-5a: Discuss how economic and labor market conditions can affect income, career opportunities, and employment status.
12-6a: Identify financial and personal reasons that younger adults often choose to rent a home instead of buying.
12-1b: Develop a budget to allocate current income to necessary and desired spending, including estimates for both fixed and variable expenses.
12-2b: Describe a process for making an informed consumer decision.
12-6b: Compare the short-term and long-term costs and benefits of renting versus buying a home in their city of residence.
12-1c: Explain methods for adjusting a budget for unexpected expenses or emergencies.
12-2c: List the positive and negative effects of a recent consumer decision on the environment, society, and the economy.