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Sunday, August 14, 2011

Want to Save $825 This Month? Ride Public Transit

by Eric Jaffe in  Infrastructurist

With gas prices near $3.50 and rising, the American Public Transportation Association took the opportunity to calculate how much Americans can save by switching to public transportation. Based on fuel costs of March 4, 2011, those savings average out to $9,904 a year — or about $825 a month. The biggest potential gains await residents of these ten cities:
The association gets its figures by taking total car expenses (using AAA’s driving cost formula plus the average monthly rate for an unreserved parking spot downtown) then subtracting the price of a monthly transit pass. The method seems pretty standard, though a more conservative estimate would include some parking expenses even for transit riders; in Washington, D.C. — No. 15 on the list, with $9,944 annual savings — parking at a Metro station adds up to a significant monthly cost.


more posts about urban transportation:

6 Reasons Driving Has Peaked in U.S. Cities

High speed rail in Texas: options

A STUDY ON THE CORRELATION BETWEEN PEDESTRIAN NETWORK AND PEDESTRIAN VOLUME ACCORDING TO LAND USE PATTERN

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