Rising Gas Prices = Lower Public Transit Costs

APTA is a nonprofit international association of 1,500 public and private sector organizations, engaged in the areas of bus, paratransit, light rail, commuter rail, subways, waterborne services, and intercity and high-speed passenger rail.
Image: American Public Transportation Association

According to the American Public Transportation Association's (APTA) February Transit Savings Report, individuals who ride public transportation instead of driving can save, on average, more than $826 this month, and $9,917 annually.

"The quickest way to avoid rising gas prices is to include commuting by public transit into your daily routine," said APTA President and CEO Michael Melaniphy. "Riding public transportation translates to large savings to the family budget."

APTA releases this monthly Transit Savings Report to examine how an individual in a two-person household can save money by taking public transportation and living with one less car.

The national average for a monthly unreserved parking space in a downtown business district is $166.26, according to the 2012 Colliers International Parking Rate Study. Over the course of a year, parking costs for a vehicle can amount to an average of $1,995.

The top 20 cities with the highest public transit ridership are ranked in order of their transit savings based on the purchase of a monthly public transit pass and factoring in local gas prices and the local monthly unreserved parking rate.

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