Unmask the cost of commuting

What does your commute cost?

Most of us don’t want to think about all the additional factors adding costs to our driving.  But, what is the true cost of driving on our roadways.  How much do we really spend on driving to and fro.  According to the surface transportation policy project   “The average Boston household spends nearly $6,000 annually on transportation—15 percent of its income— and spends more on transportation than it does on food.”

The true cost of driving alone has been masked behind the “easy to figure” miles per gallon cost, when we fill-er-up.  But there are a few more costs to consider

 

So what are the factors?

Insurance/deprecation	25.5
Maintenance	5.3
Registration/taxes/License	11.5
Gas  ($2.30 a gallon)	9.2
TOTAL	51.5

Source: www.commutesolutions.org

 In Massachusetts commuters usually can count on a real cost per mile coming in somewhere around 45-55 cents a  mile, depending on the vehicle you drive and the price of gas at the time.

So what does your commute cost you?  It’s much more than the price of gas,  if you add all the contributing factors up driving alone becomes an unmasked monster.