Transit Saves People Almost $10K a Year

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With gas prices at their highest level since October 2008, the American Public Transportation Association’s monthly Transit Savings Report estimates that transit riders save, on average, $9,656 a year.

Of course, not everyone has equal access to these massive savings. According to APTA’s numbers, which are based on gas prices ($3.08 per gallon last week) and the national unreserved monthly parking rate, big city residents save the most by giving up their wheels. But what about residents of transit-poor areas? For them, car dependency is like a mandate to spend $805 more per month – the equivalent of a second rent check. With no other way to get around, how are they to access the savings available to transit riders?