Your daily commute might be costing you a lot more than you think. With so many factors to consider (wear & tear on the vehicle, fluctuating gas prices etc.,) it’s almost more appealing to walk! Of course, as someone who resides in rural Northern New York, I couldn’t imagine trekking to and from all of my routine destinations by foot.
I recently came across a commute cost calculator courtesy of Commute Solutions, which calculates your monthly and yearly cost of commuting to and from work. Continue reading to calculate your own cost of commuting, and to find out what I’m paying!
As I mentioned before, there are a slew of other factors to take into consideration when choosing a job, based on the commute.
- Gas, at $3.50 per 28-35 miles (assuming your MPG is within that range)
- Tires, at $300 per 50,000 miles
- Oil, at $30 per 5,000 miles
- And other miscellaneous expenditures like wipers, the occasional maintenance visit: $200 per 20,000 miles
Unfortunately, the only way to avoid these expenses is to walk or bike to work (and I don’t think too many people could adjust to that very well). But there are various ways to cut these costs, such as:
- Staying at work for lunch
- Inflate your tires. Soft tires slow you down and can cut gas mileage by 10 percent or more!
- Fill up your tank on Wednesdays. Gas prices usually rise on Thursdays in anticipation of weekend travel.
- Start your search for a more fuel efficient car.
Although I only live 4 miles away from my office, I do understand that a lot of people would refer to my scenario as a “luxury.” Most people experience longer commutes than I do, but when I found how much I am paying per year, I was surprised!
Click here to access the commute cost calculator. How much are you paying?