Accessibility

APTA: PT saves individuals $9,381 annually

Posted on August 11, 2010

Riding public transportation saves individuals, on average, $9,381 annually and $782 per month based on the Aug. 10 average national gas price and the national unreserved monthly parking rate.

The American Public Transportation Association (APTA) releases this monthly "Transit Savings Report" to examine how an individual in a two-person household can save money by taking public transportation and living with one less car.

APTA calculates the average cost of taking public transit by determining the average monthly transit pass of local public transit agencies across the country. This information is based on the annual APTA fare collection survey and is weighted based on ridership (unlinked passenger trips). The assumption is that a person making a switch to public transportation would likely purchase an unlimited pass on the local transit agency, typically available on a monthly basis.

APTA then compares the average monthly transit fare to the average cost of driving. The cost of driving is calculated using the 2010 AAA average cost of driving formula.

AAA cost of driving formula is based on variable costs and fixed costs. The variable costs include the cost of gas, maintenance and tires. The fixed costs include insurance, license registration, depreciation and finance charges. The comparison also uses the average mileage of a mid-size auto at 23.4 miles per gallon and the price for self-serve regular unleaded gasoline as recorded by AAA on August 10, 2010 at $2.78 per gallon.

The analysis also assumes that a person will drive an average of 15,000 miles per year. The savings assume a person in a two-person household lives with one less car.

 

 

View comments or post a comment on this story. (0 Comments)

More News

Program helps families talk driving with seniors, suggest alternatives

The American Occupational Therapy Association’s plan helps families identify signs that older drivers may become unsafe and makes suggestions to help seniors maintain mobility, such as using paratransit services and reduced transit fare programs.

DC Metro moves ahead with plan to use Uber, Lyft for paratransit services

Metro plans to issue an RFP to take over the service in September, with the intent to have the system in place by spring 2017. The pilot program will be for users in the Maryland suburbs, where two-thirds of MetroAccess customers live.

N.Y. MTA adds 70 wheelchair accessible MV-1's to paratransit fleet

The city’s Access-A-Ride, which already has nearly 400 MV-1s in service, is a shared-ride, door-to-door service for people unable to use public buses and subways.

Blind Institute of Technology, Uber team for Colorado job access initiative

Thanks to the agreement, a tap of the Uber app will help remove the employment barrier of getting to job interviews for blind and visually impaired BIT candidates in Colorado.

Audit leads to Calif. VTA terminating 23-year paratransit partnership

That same audit also criticized the agency for a lack of oversight over the nonprofit, which failed to supply data supporting its ridership figures during the first audit ever conducted of its $20 million annual contract.

See More News

Post a Comment

Post Comment

Comments (0)



More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close