Transit vs. Automobile Costs
The following costs are for a round-trip.
Fare
| $1.75 each way
| Gasoline and oil | $.06 / mile
|
|
| Maintenance and tires | $.04 / mile
|
|
| Parking | $8
|
| Total: $3.50
|
| Total: $10
|
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.
