Transit vs. Automobile Costs

The following costs are for a round-trip.

Walking to Transit Stop and Taking Transit		Driving Alone
Fare	$1.50 each way	Gasoline and oil	$.06 / mile
		Maintenance and tires	$.04 / mile
		Parking	$5
	Total: $3		Total: $7

These amounts don't include the fixed cost to own a car. AAA estimates the cost at $12.34 to $17.06 per day (based on 15,000 miles per year). Fixed costs include insurance, license, registration, taxes, depreciation, and finance charges.