But there was one big expense I'd neglected to factor in. "What about health insurance?" he asked.
The companies said they stopped using race as a factor in life insurance sales about 50 years ago.
The ECJ in Luxembourg has ruled that using gender as a factor in pricing insurance "works against the achievement of the objective of equal treatment between men and women" and "constitutes discrimination".
Another factor in the insurance gap has been a failure by some homeowners to increase coverage after the spurt in home improvements, from new kitchens to extra bedrooms, as millions of Americans have used cheap money from mortgage refinancings in recent years to upgrade their homes.
Don't forget to factor in health insurance and the portion of your pay you'll need to put aside for taxes each time you're paid (freelancer income isn't taxed upfront).
This has proved a major factor in health insurance companies pulling out of the exchanges or instituting even higher premium increases next year to protect themselves against financial losses if Trump should ever follow through on his threats.
But, as the Congressional Budget Office has noted, there are a variety of reasons for that, including the cost of malpractice awards, decreases in the investment income of insurance companies and cyclical factors in the insurance market.
"When we made the offer, we factored in the insurance cost".
Los Angeles had the lowest quotes, he said, because California limits the use of non-driving factors in setting insurance rates.
