The High Cost of Commuting

August 26, 2014

pimg class=”alignright” src=”http://i247.photobucket.com/albums/gg158/MDA2008/MDA%202012/commuting.jpg” alt=”commuting” width=”320″ height=”213″ title=”The High Cost of Commuting” /Between gas, car maintenance, bus fare, and train tickets, commuting can get expensive. Driving a mile in the US costs around $0.55, a title=”IRS Increases Mileage Rate to 55.5 Cents per Mile” href=”http://www.irs.gov/uac/IRS-Increases-Mileage-Rate-to-55.5-Cents-per-Mile” target=”_blank”according to the IRS/a, and some estimates (a title=”Commuting to Opportunity: The Working Poor and Commuting in the United States” href=”http://www.brookings.edu/~/media/research/files/reports/2008/3/14%20transportation%20puentes/0314_transportation_puentes.pdf” target=”_blank”PDF/a) even peg this country#8217;s working poor as spending close to 10% of their income on commuting. Financial experts a title=”Your commute is costing you more than you realize” href=”http://www.reuters.com/article/2014/05/27/us-usa-commute-costs-idUSKBN0E721M20140527″ target=”_blank”suggest/a that a one way commute of 20 miles (which is roughly average) will cost you almost $50,000 every ten years. If you#8217;re one of the 600,000 #8220;mega-commuters#8221; who travel at least 90 minutes each direction in the US, your costs skyrocket./p
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pBut commuting isn#8217;t just financially costly. It also eats time we could otherwise spend […]

Original post by Mark Sisson

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