Bus

APTA: Transit users save $9,690 annually

Posted on December 20, 2011

Even with lower gas prices, public transportation offers individuals a way to save hundreds of dollars each month. According to the American Public Transportation Association’s (APTA) December Transit Savings Report, individuals who ride public transportation instead of driving can save, on average, $807 this month and $9,690 annually.  

These savings are based on the cost of commuting by public transportation compared to the Dec. 20, 2011, average national gas price ($3.21 per gallon- reported by AAA) and the national unreserved monthly parking rate. 

Currently gas prices are $.15 a gallon less than last month, but still $.23 higher than this time last year, proving that riding public transit is a smart way to lower transportation costs. 

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 $155.22, according to the 2011 Colliers International Parking Rate Study.  Over the course of a year, parking costs for a vehicle can amount to an average of $1,863.

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

More News

Registration now open for relationship-building event, TBX 2019

Senior-level transit and paratransit employees who qualify will receive a full grant to attend that includes travel and education.

RIPTA leases 3 Proterra electric buses using VW funding

Represents one of the first deployments to use funding from the Volkswagen AG diesel-emissions settlement.

Alexander Dennis lands Berlin double-decker bus contract

The Enviro500 for Berlin will be approximately 45 feet long with three doors, two staircases, and 80 seats.

New Flyer signs electrification accord to accelerate U.S. tech adoption

Outlines how transportation electrification can be advanced to benefit utility customers and all forms of transportation.

MCI's Maitland discusses new J3500, innovation at BusCon 2018

The company's VP, marketing and product planning, tells METRO's James Blue about MCI's new coach, as well as its committment to innovation.

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