APTA: Public transportation users save $10,064 annually
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 average national gas price of $3.47 per gallon.
The average annual savings for public transit riders was $10,064, according to the American Public Transportation Association's (APTA) August Transit Savings Report. Individuals who ride public transportation instead of driving can also save, on average, more than $839 this month, according to the 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 average national gas price of $3.47 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.
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As the transportation landscape continues to evolve in the wake of the pandemic, few manufacturers have faced, or embraced, change as decisively as Forest River Bus.
Starting next week, HandyDART will also extend its hours to 2 a.m., improving service availability for customers and aligning more closely with SkyTrain operating hours.
