Savings
from Commute Orlando by Jason
...
We have been riding now for approximate 8 months and on average we ride 2.5 days a week. Our commute from the Fashion Square Mall is 15 miles, or 30 miles round-trip. This is approximately 75 miles per person per week (our human-miles). We have averaged 3 riders per trip and according to AAA estimates, it costs on average $.59 per mile to drive a vehicle. This estimate includes “fuel, routine maintenance, tires, insurance, license and registration, loan finance charges and depreciation costs”.
| Weekly | Monthly | 8 months | |||||||
| Riders | Human-Miles | Gas Savings1 | Cost Savings2 | Human-Miles | Gas Savings1 | Cost Savings2 | Human- Miles | Gas Savings1 | Cost Savings2 |
| 1 | 75 | 3.75 | $43.88 | 300 | 15 | $175.50 | 2400 | 120 | $1,404.00 |
| 2 | 150 | 7.5 | $87.75 | 600 | 30 | $351.00 | 4800 | 240 | $2,808.00 |
| 3 | 225 | 11.25 | $131.63 | 900 | 45 | $526.50 | 7200 | 360 | $4,212.00 |
1 in gallons, assuming 20 mpg
2 AAA estimates
Each rider saves about about $175 per month in travel expenses and so far has accumulated approximately $1400 in savings over the course of 8 months. Just in gas savings, that’s $56 a month with current gas prices ($3.75/gallon). This is not an insignificant chunk of change!
http://commuteorlando.com/wordpress/2011/04/17/bike-bus-update/