Boston-area commuters using public transportation save an average of $1,130 per month or $13,559 per year compared to the cost of driving and parking, the 2nd highest savings in the U.S., according to the American Public Transportation Association July 2011 Transit Savings Report.
Only New York commuters achieve higher savings. Nationwide, public transportation users save an average of $9,968 annually or $831 per month. These savings are based on the July 14, 2011 average national gas price of $3.66 per gallon and the national unreserved monthly parking rate.
The top 20 cities with the highest transit ridership including Boston are ranked in order of their transit savings based on the purchase of a monthly public transit pass and factoring in local gas prices for July 14, 2011 and the local monthly unreserved parking rate.
APTA calculates the average cost of taking public transit by determining the average monthly transit pass of local public transit agencies across the country compared to the average cost of driving, using the 2011 AAA average cost formula that includes the cost of gas, maintenance, insurance, and other vehicle-ownership costs.
Visit www.mbta.com to find schedules and fares.
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