Washington, DC — For Immediate Release
February 12, 2013
Riding public transportation in the Philly area saves individuals $11,768 a year
Washington, D.C. For those dealing with the 30 cent increase in gas prices from last month, taking public transportation instead of driving can be your Silver Linings Playbook. According to the February Transit Savings Report of the American Public Transportation Association(APTA), Philly area individuals who ride public transportation instead of driving can save, on average, more than $981 this month, and $11,768 annually.
These savings are based on the cost of commuting by public transportation compared to the cost of owning and driving a vehicle which includes the February 12, 2013 average national gas price ($3.60 per gallon-reported by AAA) and the national unreserved monthly parking rate.
The quickest way to avoid rising gas prices is to include commuting by public transit into your daily routine, said APTA President and CEO Michael Melaniphy. Riding public transportation translates to large savings to the family budget.
APTA releases this monthly Transit Savings Report to examine how an individual in a two-person household can save money by taking public transportation and living with one less car.