APTA: Take transit and save $762 a month
Written by William C. Vantuono, Editor-in-ChiefThe American Public Transportation Association released a report Sept. 4 showing that an individual in a two-person household can save an average of $762 a month by taking public transportation and living with one less car.
APTA’s latest Transit Savings Report is based on the Sept. 3, 2009 national average gas price ($2.5896 per gallon) and the national unreserved monthly parking rate. The cost of this parking in a downtown business district is $154.23, according to the 2009 Colliers International Parking Rate Study.
Estimated monthly savings in the top 10 cities with the highest transit ridership: New York, $1,145; Boston, $1,027; San Francisco, $1,014; Chicago, $936; Seattle, $932; Philadelphia, $922; Honolulu, $885; Los Angeles, $835; San Diego, $822; and Minneapolis, $809.
