Bus

APTA: PT users save $9,790 annually

Posted on January 11, 2012

Individuals who ride public transportation instead of driving can save, on average, $816 dollars this month, and $9,790 annually, according to the American Public Transportation Association's (APTA) January "Transit Savings Report."  

These savings are based on the cost of commuting by public transportation compared to the Jan. 10, 2012 average national gas price 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 $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.

 

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