Cost of driving vs. transit
0 Comments | Deseret News (Salt Lake City), Jun 19, 2007
Nationwide, the average driver spends 52.2 cents per mile to operate and maintain a car, according to AAA. The IRS rate for business mileage reimbursement is 48.5 cents per mile. Both numbers include gasoline, insurance and depreciation costs. Given those numbers, here's a look at how much it costs a driver who commutes five days a week and 50 weeks a year to travel to work.
Annual cost to commute, AAA:
10 miles round-trip: $1,305
30 miles round-trip: $3,915
60 miles round-trip: $7,830
90 miles round-trip: $11,745
Annual cost to commute, IRS:
10 miles round-trip: $1,213
30 miles round-trip: $3,638
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60 miles round-trip: $7,275
90 miles round-trip: $10,913
Annual cost to ride a Utah Transit Authority bus or TRAX
Regular adult fare (TRAX and regular buses)
2007: $642
2008: $702
2009: $804
Premium express adult fare (long distance, intercounty buses and TRAX)
2007: $1,284
2008: $1,740
2009: $1,944
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