APTA: Public transit households save $9,596 yearly

Despite declining gas prices, a person can achieve an average annual savings of $9,596 per year by taking public transportation instead of driving based on today’s gas prices and the average unreserved parking rate according to the American Public Transportation Association’s “Transit Savings Report”.

The report is a monthly analysis that shows the average annual savings represents one third more than the average amount a household pays for food in a year, according to the Food Institute ($6,111).

With the price of gas hovering at 89 cents higher than last year, transit users have an increased savings of $411 annually compared to this time last year.

To calculate your individual savings with or without car ownership, click here.