Bus

APTA: Public transit saves riders $9,215 annually

Posted on March 4, 2010

Individuals who ride public transportation can save on average $9,215 annually based on the March 3, 2010 national average gas price and the national unreserved monthly parking rate. 

 

Compared to last year at this time, the average cost per gallon of gas was $1.933 which is $0.77 less than the current price of gas at $2.703 per gallon. The total savings as compared to last year at this time equates to an increase of an additional $715 in savings per year for transit commuters.

 

“The Transit Savings Report” released monthly by the American Public Transportation Association calculates the average annual and monthly savings for public transit users. The report examines how an individual in a two-person household can save money by taking public transportation and living with one less car.

 

Transit riders can save on average $768 per month. The savings amount is based on the cost of the national averages for parking and driving, as well as the March 3 national average gas price of $2.703 per gallon for self-serve regular gasoline as reported by AAA.

 

The national average for a monthly unreserved parking space in a downtown business district is $154.23, according to the 2009 Colliers International Parking Rate Study. Over the course of a year, parking costs for a vehicle can amount to an average of $1,850.

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

More News

Proterra receives Raleigh-Durham Airport order

This purchase marks the company’s first airport customer and the first airport electric bus deployment in the Carolinas.

New Flyer to supply 180 buses for Edmonton Transit, Winnipeg Transit

Edmonton's replacement of aging fleet vehicles with more efficient, air-conditioned models supports an ETS goal of transforming the transit experience.

New Flyer advances 2nd-year production of SEPTA diesel-electric hybrids

The buses will be deployed in the City of Philadelphia and surrounding suburbs of Delaware, Montgomery, Bucks, and Chester, supporting four million people living in and around southeastern Pennsylvania.

New Flyer now offering Allison's increased Accessory Power II tech

The option uses electrification to power accessory components for additional fuel economy.

NYCT to add 377 New Flyer Xcelsior buses

New buses will include enhanced safety and comfort, better driver visibility, pedestrian turn warning, Wi-Fi, and USB ports to improve the bus rider experience.

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