Photo by Todd Scott
Monday, May 28, 2012
Save Big Money by Bicycling to Work - As in $4.6B!
Sure, you knew that riding your bike to worked saved money, but I bet you didn't know just how much. According to this article in Forbes, bicycle commuters in the USA save a whopping 4.6 billion dollars per year compared to their car-commuting counterparts. Of course, the article is referring to the total amount saved by all US cyclo-commuters combined, but the number is still impressive.
The $4.6B number was based on an annual operating cost of $308 for a bicycle, versus $8220 for a car. The findings were published by the League of American Bicyclists, the Sierra Club and the National Counsel of La Rasa. Thanks to all three of these organizations for bringing this eye-opening cost savings to light!