October 7, 2016
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APTA Report: Transit Riders Save $9.6K Annually as Gas Prices Rise

Commuters who switch from driving a car to taking public transit can save, on average, $9,686 a year or about $807 a month, according to APTA’s September Transit Savings Report, which analyzes the costs associated with both types of ­commuting.

The September report calculates the national average cost of gasoline at $2.21 per gallon, as reported by AAA (a jump of 8 cents compared to August), and the national unreserved parking rate at $166.26 monthly, according to the Colliers International Parking Rate Study.Specifically, the report estimates the savings for an individual in a two-­person household who switches to public transportation and lives with one fewer car.

Find other details and a list of average monthly and annual savings for commuters in the 20 U.S. cities with the highest public transit ridership here. The list factors in local costs for gas prices and monthly parking rates.
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