Government Issues

APTA: Public Transit users save $9,316 annually

Posted on April 2, 2015

Steve Morgan
Steve Morgan

This month the annual savings for public transit riders is $9,316, according to the American Public Transportation Association's (APTA) March Transit Savings Report. Individuals who ride public transportation instead of driving can also save, on average, more than $776 per month.

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 March 30, 2015 average national gas price of $2.42 per gallon- reported by AAA — and the national unreserved monthly parking rate numbers.

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

Shuster to return as Transportation and Infrastructure Committee chairman

He also spearheaded a signature achievement of the 114th Congress — the passage of the five-year, $305 billion FAST Act surface transportation bill.

Elaine L. Chao top pick for Secretary of Transportation

As Secretary of Labor, she was the only official in Bush’s cabinet to serve with him for all eight years.

Helsinki looks to app to reduce car usage

The app, called Whim, provides users with the best route to get to their destination, whether it’s by bus, train, or car.

Ballot measure defeat sends Mich. RTA officials back to drawing board

The 20-year, 1.2-mill property tax would have raised $4.6 billion for mass transit in Macomb, Wayne, Washtenaw, and Oakland counties.

Voters pass 33 of 48 transportation ballot measures

Throughout the country in 2016, in 23 states and communities of all sizes, voters considered nearly $200 billion in local investment for public transportation at the ballot box.

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