Driving on your own Vs. public transit costs $9.7K more annually
Skift Take
According to the American Public Transportation Association’s (APTA) July Transit Savings Report, individuals who ride public transportation instead of driving can save, on average, $809 this month, and $9,702 annually. These savings are based on the cost of commuting by public transportation compared to the cost of owning and driving a vehicle which includes the July 24, 2012 average national gas price ($3.48 per gallon- reported by AAA) and the national unreserved monthly parking rate.
New York City, understandably, tops the list.
The top 20 cities with the highest transit ridership are ranked in order of their transit savings based on the purchase of a monthly public transit pass and factoring in local gas prices for July 24, 2012 and the local monthly unreserved parking rate.*
|
|
City |
Monthly |
Annual |
|
1 |
New York |
$1,197 |
$14,363 |
|
2 |
Boston |
$1,093 |
$13,110 |
|
3 |
San Francisco |
$1,062 |
$12,747 |
|
4 |
Philadelphia |
$966 |
$11,594 |
|
5 |
Chicago |
$963 |
$11,559 |
|
6 |
Seattle |
$961 |
$11,535 |
|
7 |
Honolulu |
$928 |
$11,139 |
|
8 |
Los Angeles |
$893 |
$10,722 |
|
9 |
Portland |
$852 |
$10,226 |
|
10 |
San Diego |
$852 |
$10,229 |
|
11 |
Minneapolis |
$877 |
$10,523 |
|
12 |
Denver |
$835 |
$10,015 |
|
13 |
Baltimore |
$833 |
$9,993 |
|
14 |
Washington, DC |
$805 |
$9,661 |
|
15 |
Pittsburgh |
$791 |
$9,497 |
|
16 |
Cleveland |
$789 |
$9,473 |
|
17 |
Miami |
$766 |
$9,194 |
|
18 |
Atlanta |
$762 |
$9,142 |
|
19 |
Dallas |
$753 |
$9,037 |
|
20 |
Las Vegas |
$732 |
$8,787 |
*Based on gasoline prices as reported by AAA on 7/24/12
Up Next
How Data Quality Issues Impact Global Hospitality Operations
How Allegiant’s Florida Resort Became a Drain on Its Profits
Disney's Gamble: More Cruise Ships, Parks, and Premium Prices
NYC Enforcement Boss on Short-Term Rental Law: 'It's Working' - Exclusive
