Accessibility

APTA: Public transportation users save $10,064 annually

Posted on August 15, 2014

Photo courtesy CapMetro
Photo courtesy CapMetro
The average annual savings for public transit riders was $10,064, according to the American Public Transportation Association's (APTA) August Transit Savings Report. Individuals who ride public transportation instead of driving can also save, on average, more than $839 this month, according to the report.

The savings are based on the cost of commuting by public transportation compared to the cost of owning and driving a vehicle, which includes the average national gas price of $3.47 per gallon — reported by AAA — and the national unreserved monthly parking rate numbers.

RELATED: Consultant Roundtable: Leading the Charge to Capitalize on New Transportation Mindset

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.

The national average for a monthly unreserved parking space in a downtown business district is $166.26, according to the 2012 Colliers International Parking Rate Study, which is the most recent report available. Over the course of a year, parking costs for a vehicle can amount to an average of $1,995.

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

More News

KCATA expands RideKC Freedom On-Demand program

By the end of November, the on-demand service is on track to surpass 100,000 rides.

First Transit operating TransLink's HandyDART service

The company currently operates the majority of HandyDART service in B.C. outside of Metro Vancouver on behalf of BC Transit, including Victoria, Kelowna, and Kamloops.

Collins Bus lands $26M NYC Transit paratransit bus order

The 400 buses purchased will be built to NYCT’s custom specifications on a Ford F350 chassis.

LIRR launches new service for people with mobility issues

LIRR Care will serve as a customer assistance program for those who need an extra helping hand to navigate the railroad system.

Greater New Haven Transit launches paratransit mobile app

The app, provided by technology partner Routematch, is designed for Apple and Android devices.

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