News & Events

Even with Lower Gas Prices, Taking the Bus Can Save Thousands Annually

Monday, November 10, 2008

WASHINGTON, DC (Nov. 10) -– Despite declining gas prices, commuters can still achieve significant financial savings by taking public transportation instead of driving - and benefit the environment as well.

The American Public Transportation Association’s monthly “Transit Savings Report” reminds commuters that in these tough economic times taking public transportation is the quickest way to save money compared with the overall driving costs of commuting by auto or light truck.

According to a savings calculator on the association's Web site, even moderate commutes by public transportation can save significant money. For example, the annual cost of a 15-mile roundtrip commute in a medium-sized car that averages 17 miles per gallon, with $8 daily parking and gasoline at $2.38 per gallon, is $2,623. If bus fare is $2.30 for the daily round trip, the annual cost of public transportation is $552 – a savings of more than $2,000 a year.

To use the calculator, visit .

“Even as the price of gas goes up and down, the one constant is that riding public transportation is the most economical and efficient way for Americans to save money, reduce their consumption of oil, and lessen their impact on the environment,” said William W. Millar, president of APTA.

By reducing gasoline consumption, public transportation users also reduce their carbon footprint. According to APTA, the “leverage effect” of public transportation reduces the nation’s carbon emissions by 37 million metric tons annually – equivalent to the electricity used by 4.9 million households. To achieve similar reduction in carbon emissions, every household in New York City, Washington, DC, Atlanta, Denver and Los Angeles combines would have to completely stop using electricity.