Happy EconEdMonth! Celebrate economics all month long by visiting EconEdMonth.org

Grade 9-12
,
Activity

The Cost of Renting a Place to Live

Time: 20 mins,
Updated: September 10 2021,
Author: Council for Economic Education
Teacher Version
Objective Standards Summary Resources Procedure
Print

Objective

Students will be able to:

  • Identify the costs of renting a place to live.

Standards

National Standards in Financial Literacy

State Standards

Concepts

Budgeting/Money Managment

Students will explain the various costs associated with renting a place to live.

Resources

Procedure

This individual activity will require students to view a video and answer related questions. The cost of renting an apartment includes more than just rent. In this activity, you will examine all the costs to consider when looking for a place to live. To complete the activity, students should follow the instructions below:

  1. Watch the video True Cost of Renting a Place
  2. Answer the related questions in Quizizz activity, worksheet, or ReadyAssessments Activity.
  3. Discuss the answers with your class.
Subjects:
Personal Finance

Related Resources

Content Partner

Grades 6-8, 9-12

PBS-NOVA Financial Lab

Managing money is hard! Even when you know what you should do, it can be hard to actually do it....
Key Concepts: Budgeting/Money Managment
45 min
Activity

Grades 6-8, 9-12

Set a Savings Goal

In this personal finance activity, students will identify the steps needed to meet a savings goal.
Key Concepts: Budgeting/Money Managment
20 min
Activity

Grades 6-8, 9-12

Is It Worth It?

In this personal finance activity, students will consider the costs of saving to make a purchase.
Key Concepts: Budgeting/Money Managment, Cost-Benefit Analysis 1, Marginal Analysis 2
30 mins
Activity