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APTA's December Transit Report: Transit Riders Save $9K Annually
Individuals who take public transportation instead of owning a car and driving to work can save an average of $9,247 annually, or more than $770 a month, states APTA’s December Transit Savings Report.
The savings are based on the cost of commuting by public transportation compared to the cost of owning and driving a vehicle. The car-based costs include the Dec. 14 average national gas price of $2.01 per gallon, as reported by AAA, and the national unreserved monthly parking rate in a downtown business district of $166, according to the 2012 Colliers International Parking Rate Study, the most recent report available.
APTA releases this monthly report to track how an individual in a two-person household can save money by taking public transportation and living with one less car.
Click here and search on Transit Savings Report for details.
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