Individuals who ride public transportation save, on average, $9,968 annually and $831 per month, according to the American Public Transportation Association’s July Transit Savings Report.
These savings are based on the July 14, 2011 average national gas price ($3.66 per gallon- reported by AAA) and the national unreserved monthly parking rate.
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 $1,862.64.
APTA releases its 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.
APTA: Transit users save $9K yearly
Despite high gas prices and a slow economy Americans who ride public transportation save, on average, $9,968 annually and $831 per month, based on the July 14, 2011 average national gas price of $3.66 per gallon.
More New Mobility
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Breaking Accessibility Barriers with the Low Floor Frontrunner Minibus
Accessible transit isn’t a feature—it’s a responsibility. This whitepaper explores how the Low-Floor Frontrunner is redefining mobility with a breakthrough design that removes barriers, empowers riders, and delivers measurable operational advantages for agencies. Discover why this next generation minibus is setting a new standard for inclusive transportation.
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Kentucky's Lextran Launches LexRide to Enhance Downtown Mobility
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Inside EVaaS: A New Model for Airport Fleet Electrification
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Chicago Pace Expand On-Demand Transportation Program
The expanded service builds on Pace’s growing On Demand network and is intended to improve access to destinations such as medical appointments, schools, shopping, employment centers and connections to the regional transit system.
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Atlanta's MARTA Set to Launch New On-Demand Transportation Service
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CharterUP Moves to Scale Autonomous Shuttle Deployments Through HOLON Partnership
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ACES Mobility Coalition Selects Joshua Schank as New Executive Director
Veteran transportation innovator to lead coalition as it pushes nationwide expansion of shared autonomous mobility.
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New Rolling Stock Strategy Lead at New York MTA and More in People Movement
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Chicago's Pace Expands VanGo Mobility Program
The service is a flexible, reservation-based transit service designed to close the first- and last-mile gaps and connect riders to employment for just $5 per day.
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