Bicycle commuter savings calculator
Kiplinger has a commuter calculator that's supposed to tell you how much you save by riding a bicycle to work and back. It asks you to plug in the round trip distance, parking fees, and any tolls. Then it gives you an estimate.
Now, I don't pay for parking or tolls, and my commute is 17 miles round trip. This calculator says I save $7.72 per day! That can't be right, can it?
Their methodology says that driving costs 55 cents per mile while cycling costs 19 cents per mile.
LINK TO CALCULATOR
Now, I don't pay for parking or tolls, and my commute is 17 miles round trip. This calculator says I save $7.72 per day! That can't be right, can it?
Their methodology says that driving costs 55 cents per mile while cycling costs 19 cents per mile.
LINK TO CALCULATOR
Labels: bicycling advocacy
posted by Ed W at 4:51 PM
6 Comments:
My cycling costs are a bit higher. Mine are about 300 dollars a mile. I bought a bike right before my knee surgery and have only ridden it twice so far......
Whatever. Any savings due to my cycling is already spent on debt service to pay off the GM bailout that went NOWHERE.
I used my bike savings and the economic recovery to buy a new Pontiac.
http://3.bp.blogspot.com/_w0pPtKqUAbE/SiXQwN6T6RI/AAAAAAAAH24/Wp688H3zPgk/s400/S7301352.JPG
The old Ford Contour finally died in May. We replaced it with a 2007 Pontiac Grand Prix, the nicest car I've ever had. I just hope it's as tough as that Ford.
The car cost includes insurance, so to truly save you have to drop that too.
I'm reading Mionske's book right now, and one of the things he said is that automobile insurance coverage can protect you from uninsured motorists and crash-related medical costs. It's a subject worthy of a longer post.
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