NEW
YORK, April 16, 2024 /PRNewswire/ -- With
burgeoning traffic congestion and rising fuel costs, a new study by
Coast is revealing the true costs of commuting, both in terms of
time and money.
Methodology
Using U.S. Census data to analyze commute times and costs across
the top 100 U.S. metro areas, Coast, a startup focused on
revolutionizing payments for transportation and the trades,
determined the financial cost of car commuting by considering
average commute mileage and factoring in gas, maintenance, and
insurance costs using data from sources such as StreetLight Data,
AAA, Policygenius, and the EPA.
The financial cost of public transportation commuting was found
by analyzing the monthly transit pass prices sourced from APTA's
public transit fare database and local transit authority websites.
From there, Coast calculated the annual expenses for public transit
commuting in both large metro areas, which have bus and rapid
transit services (metro, subway, light rail), and smaller metro
areas, which have primarily bus service.
Key Findings
- Opting for car commuting over public transit can save an
average of 38 minutes per day, while public transit users
save significantly on annual costs, ranging from $600 to $976.
- The average American car commuter spends 25.4 minutes
per day commuting, amounting to nearly 19 hours each month
and over a year throughout their working lifetime.
- Public transit commuters spend an average of 44.6
minutes per day commuting, translating to over two years throughout
their working lifetime.
The U.S. cities with the longest car commutes to work:
- Riverside, CA – 32.6
minutes
- Stockton, CA – 32.5
minutes
- Washington, D.C. – 31.7
minutes
- Atlanta, GA & New York, NY – 30.7 minutes
- Poughkeepsie, NY – 30.6
minutes
The U.S. cities with the shortest car commutes to work:
- Wichita, KS – 20.0
minutes
- Omaha, NE – 20.4 minutes
- Provo, UT – 20.8 minutes
- Toledo, OH – 20.9 minutes
- Rochester, NY – 21.1
minutes
The U.S. cities with the longest public transit commutes to
work:
- Memphis, TN – 88.5
minutes
- Poughkeepsie, NY – 86.0
minutes
- Stockton, CA – 85.1
minutes
- Bridgeport, CT – 71.1
minutes
- New Haven, CT – 63.7
minutes
Here are the U.S. cities with the shortest public transit
commutes to work:
- McAllen, TX – 22.3
minutes
- Augusta, GA & Omaha, NE – 23.9 minutes
- Greenville, SC – 24.8
minutes
- Birmingham, AL – 24.9
minutes
- Greensboro, NC – 27.4
minutes
You can find the full study here.
Founded in 2020 by Daniel Simon,
Coast is a smart fuel card and modern expense management platform
built on the Visa network. With Coast, crew members can fill up
anywhere their Visa is accepted and pay for parking, tolls,
maintenance, supplies, and more. Flexible controls let you set the
spending rules that make sense for your business. Ease of use and
responsive customer service make Coast the only 5-star-rated fuel
card on the market.
Media contact:
Shohini Bhattacharya
347-802-5705
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SOURCE Coast