Does Car + Bike = A Good Thing?
Besides gaining ultra-buff legs, many 'part-time' bike commuters end up with an extra $12,400 at the end of the year.
Earlier this month, I wrote a piece about how Rush Hour can Save you Money, it compared a typical Silicon Valley commute using a car, and the same commute using a bicycle. At the end of the article, a breakdown of costs was provided.
A Twitter re-posting in several different languages followed the article, and many readers found it compelling proof that you don't need to completely replace your car with a bicycle in order to see immense benefits. Part-time bicycle commuters come away all the better through increased health and cost-savings.
Today, we're spelling the results out in visual form. The graph below illustrates the average cost of car ownership vs. bicycle ownership over the span of 1 year. We concede of course, that the average bike owner will also need a car on occasion, so we tack on the the bicycle-rider's budget, around 5,000 miles worth of car rental travel through the ZIP Car service.
Perhaps surprising to many, the bike+rental car still come out on top by far…
How did we come up with these numbers? Check out Calculating the Savings.