Transit As Piggy Bank

How about this for a lede:

A person can achieve an average savings of $9,499 per year by taking public transportation instead of driving based on yesterday’s gas prices and the average unreserved parking rate according to the American Public Transportation Association’s “Transit Savings Report”.

Almost $10,000 a year!   There’s more:

“As Americans look for ways to tighten the family budget, public transit riders know the cheapest gallon of gasoline is the one you never have to buy,” said William W. Millar, president of APTA.  “This report reminds commuters that taking public transportation is the quickest way to save money from the high cost of commuting by auto or light truck.” The analysis also includes the cost of parking.  On average, according to the 2008 Colliers International Parking Rate Study, the national average for the monthly unreserved parking rate in a city’s downtown business district is $143.  Over the course of a year, parking costs alone can amount to an average of $1,720. In addition to the annual savings, the report calculates the monthly savings for public transit users at $792 per month based on yesterday’s gas price of $3.524 as reported by AAA.

I haven’t owned a car since 1991 and take transit most everyday.  I’m not sure we see these levels of “savings”; but even with our increased use of cabs and a monthly weekend car rental, I know we are well ahead of the car game.  Not to mention the health benefits of walking in the fresh air.

Many will disagree with me, I’m sure, but I think we are lucky of transit in Vancouver.  I travel to the Richmond suburbs every day from Commercial Drive.  A good walk, two express buses, and I’m there, rested and ready to go in about an hour.  During that hour, I can nap or read or listen to music or surf the net.  Hard to beat.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: