Management & Operations

APTA: Public transit users save $9,472 annually

Posted on August 21, 2015

GCRTA
GCRTA

A person can save an average of $9,472 per year when using public transportation to commute instead of a car, according to the American Public Transportation Association's (APTA) August Transit Savings Report — a savings of more than $789 every month.

The savings are based on the cost of commuting by public transportation compared with the cost of owning and driving a vehicle, including parking expenses and fuel prices based on current national averages. The national average cost for an unreserved parking space in a downtown business district is $166.26 per month or $1,995 per year, according to the 2012 Colliers International Parking Rate Study, which is the most recent report available. The national average cost for a gallon of regular-grade gasoline is $2.66, as reported by AAA on August 18, 2015.

APTA releases a 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.

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

More News

Lyft will show CTA, Metra schedules on its app

Chicago is the fifth city in which Lyft rolled out the new feature, called Nearby Transit.

WMATA selling surplus property to cut costs, generate revenue

Properties in Maryland, Virginia, and the District have potential for commercial, residential, and/or mixed-use development.

Voith appoints new director of rail for North America

Garrett Goll has 10 years of experience in the rail industry.

VTA chief receives 'Lifetime Achievement Award' from university group

During her 30-plus-year career, Fernandez has served in leadership roles at some of the largest transportation agencies in the U.S.

Kooistra appointed GM of Minneapolis' Metro Transit

Kooistra will replace Brian Lamb, who is not being re-appointed. Lamb has served as GM since 2004.

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