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Take the Metro, Save Big
Photo by ~db~ via the LAist Featured Photos pool on Flickr
Riding public transportation saves you roughly $10k a year, according to the monthly Transit Savings Report released by the American Public Transportation Association. Los Angeles ranked 8th in the transportation savings report, showing that on average, a Metro-riding Angeleno can save $860 per month just by ditching their car and taking public transport.
How did the APTA arrive at such a deliciously juicy savings number? They took into account national gas prices ($2.96 per gallon via AAA) and the national average cost for a monthly unreserved space in a downtown business district ($161.56) and determined that just parking your car can cost up to $1,939 a year.
The amount each rider saves is up by more than $400 when compared with the same time last year and with all the concern over rising Metro fare prices, this news should take away the sting.
Ditch your cars and save. So simple, so good for your wallet.
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You come to LAist because you want independent reporting and trustworthy local information. Our nonprofit newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our communities. We are free to follow facts wherever they lead and to hold power to account without fear or favor. Our only loyalty is to our readers and listeners and our mission: to inform, engage, and strengthen Southern California’s communities.
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