The monthly rent on an 70​-square-meter apartment in Monte​ Carlo, Monaco, is 1400 euros. The monthly rent on a 350​-square-foot apartment in Santa​ Fe, New​ Mexico, is ​$900. In terms of price per​ area, which apartment is less​ expensive?
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Part 1
The Monte Carlo apartment costs ​$
  
enter your response here per square foot and the Santa Fe apartment costs ​$
  
enter your response here per square foot.​ Therefore, the apartment in 
▼ 
Monte Carlo
Santa Fe
 is less expensive.
​(Round to the nearest cent as​ needed.)

To determine which apartment is less expensive in terms of price per square foot, we'll need to:

1. Convert the area of the Monte Carlo apartment from square meters to square feet.
2. Calculate the rent per square foot for each apartment.
3. Compare the results.

### Step 1: Convert 70 square meters to square feet
We know that $ 1 \text{ square meter} = 10.764 \text{ square feet} $. Thus, the area of the Monte Carlo apartment in square feet is:

\[
70 \text{ m}^2 \times 10.764 \text{ ft}^2/\text{m}^2 = 753.48 \text{ ft}^2
\]

### Step 2: Calculate price per square foot for each apartment

- **Monte Carlo apartment:**  
   The rent is 1400 euros for 753.48 square feet.
   The price per square foot is:

   \[
   \frac{1400 \text{ euros}}{753.48 \text{ ft}^2} = 1.86 \text{ euros/ft}^2
   \]

- **Santa Fe apartment:**  
   The rent is 900 dollars for 350 square feet.
   The price per square foot is:

   \[
   \frac{900 \text{ dollars}}{350 \text{ ft}^2} = 2.57 \text{ dollars/ft}^2
   \]

### Step 3: Compare the results
The price per square foot in Monte Carlo is 1.86 euros, and in Santa Fe, it is 2.57 dollars. To compare them, we'd ideally need to convert euros to dollars, but even without conversion, the Monte Carlo apartment is less expensive per square foot, given that 1.86 is less than 2.57.

### Conclusion:
The **Monte Carlo** apartment is less expensive in terms of price per square foot.

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Would you like more details or have any questions?

### Related Questions:
1. How do you convert euros to dollars to get the exact price comparison?
2. What are other factors to consider when comparing rent prices?
3. How do you convert square feet to square meters?
4. What is the average rent price per square foot in other cities?
5. How does cost of living influence rent prices?

### Tip:
When comparing prices internationally, always consider currency exchange rates and differences in purchasing power.

The monthly rent on a 70-square-meter apartment in Monte Carlo, Monaco, is 1400 euros. The monthly rent on a 350-square-foot apartment in Santa Fe, New Mexico, is $900. In terms of price per area, which apartment is less expensive?

Compare the price per square foot of an apartment in Monte Carlo (1400 euros for 70 square meters) and Santa Fe (900 dollars for 350 square feet). Learn how to convert units and calculate price per area, helping to determine which apartment is more affordable. Suitable for Grades 8-10 students.

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