Government Issues

Individuals using public transit save $10,103 annually

Posted on August 16, 2013

Individuals who ride public transportation instead of driving can save, on average, more than $842 this month, and $10,103 annually, according to the American Public Transportation Association’s (APTA) August Transit Savings 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 Aug. 14, 2013 average national gas price ($3.53 per gallon- reported by AAA), and the national unreserved monthly parking rate.

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. 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

101 ways to improve transportation in your city

Curbed looked to cities around the world for inspiration and sought feedback from urban thinkers.

San Antonio City Council approves $4.3M funding for VIA

Officials say recent events impacting local gasoline supplies helped shed light on the real need for efficient and attractive public transportation choices.

U.S. DOT awards over $6 million for accessibility research

Agency reviewed a total of 34 proposals and granted the awards in three application technology areas.

ABA voices support for equitable airport access

In a joint letter with the National Limousine Association; Near Airport Parking Industry Trade Assoc.; and the Taxicab, Limousine, Paratransit Assoc., the American Bus Assoc. urged Senate chairmen and ranking members to provide an even playing field with motorcoach access to airports.

A look at the MTA's strategy to improve NYC subway service

The New York City Subway Action Plan involves upgrading track and signaling equipment, addressing water intrusion, a thorough cleaning of the entire subway, and a major upgrade in subway car maintenance that will see car inspections and repairs carried out around the clock.

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