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Rail News Home Rail Industry Trends

3/17/2004



Rail News: Rail Industry Trends

Public transportation offers significant commuter cost savings, Los Angeles MTA study says


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Los Angeles County commuters can save more than $4,000 annually by using public transportation instead of driving alone, according to a cost comparison conducted by Los Angeles County Metropolitan Transportation Authority.

Commuters could spend up to $20 daily, $408 monthly and $4,896 annually to drive to work, including costs to operate, fuel and maintain vehicles. On the other hand, public transportation costs about $3 per day, or $624 annually, according to the study.

Projected costs are based on a commuter driving alone 30 miles per day, 21 days per month. The average cost of gasoline is projected at $2.20 per gallon. Other vehicle driving costs include parking, repairs, registration, maintenance, taxes, financing, insurance and depreciation.