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Are You Considering of Biking to Work? We Break Down the Prices and Financial savings

I like my commute.

I think about myself amongst these fortunate sufficient to rejoice Bike to Work Day (Friday, Could 17) by doing what I do virtually day-after-day: pedaling to the workplace.

My job at The Penny Hoarder is shut sufficient to house — 3.2 miles, in line with Google Maps — and I reside within the comparatively bike-friendly metropolis of St. Petersburg, Florida, so I could make it on my cruiser with out breaking an excessive amount of of a sweat.

And it seems I’m not alone — 872,000 People report that they bike to work, in line with the latest American Group Survey.

However earlier than you flip too resentful, (get it? going inexperienced? I’ll cease) there’s a darkish secret you must find out about biking to work.

It isn’t as low-cost as you would possibly assume.

Don’t get me flawed: It’s so a lot inexpensive than filling up a automobile with a tank of gasoline, shelling out for a brand new alternator and paying to park in a downtown storage. I do know as a result of I used to do all that.

However for these contemplating biking into a motorcycle commute, you need to be conscious of some maybe surprising prices that include wheeling it to work.

Prices of Commuting by Bike

Biking to work is lots inexpensive than paying for gasoline and parking, however there are some upfront prices and surprising bills you must think about. Aileen Perilla/The Penny Hoarder

Right here’s a breakdown of my preliminary funding in my bike commute. I included my prices, however your mileage (and bills) might range.

Grand whole: $530.

Lights, mirrors and reflectors can drive up the value however they assist hold bicyclists protected. Aileen Perilla/The Penny Hoarder

In comparison with the price of driving — AAA estimates that proudly owning and working a brand new car prices a mean of $737 per 30 days — I’m saving within the lengthy and quick runs by biking.

Plus, I determine I get further psychological financial savings by exercising within the sunshine throughout my common commute time, which supplies me that multitasking glow.

Blissful biking!

Tiffany Wendeln Connors is a workers author at The Penny Hoarder. Her worst day driving continues to be higher than her greatest day driving.



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