1. Rent: $650
2. Electricity (Average Monthly Usage): 700 kWh (This may vary depending on the size of the apartment, number of appliances, and usage patterns.)
3. Electricity Rate (Average US Rate): $0.13/kWh (This may vary by location.)
4. Electricity Cost: 700 kWh x $0.13/kWh = $91
Adding the rent and estimated electricity cost:
Total Monthly Payment = Rent + Electricity Cost
Total Monthly Payment = $650 + $91
Total Monthly Payment = $741
Please note that this calculation is just an estimate and actual electricity costs can vary significantly based on individual usage and electricity rates in your specific location. It's always a good idea to contact your local utility company to get accurate information about electricity rates and potential discounts or programs that may apply to your situation.