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Thursday, March 10, 2011

Bike Commuting Saves $$$$

While the yearly cost of owning and operating a vehicle is over $9,000, or 18 percent of the average household’s income, owning and maintaining a bicycle can cost as little as $120 per year.
Source: Pedestrian and Bicycle Information Center

If that sounds high to you, consider the cost of buying a car plus the cost of insurance, registration, oil changes, repairs, tires, parking, and of course, gas. Now factor that out over the time you own a particular car. If you want to get a little more extreme, consider the cost of a garage, driveway, and a driver's license. 
Although my particular bike setup likely costs me more than $120 per year, it is nowhere near $9,000 and I'm a happier and healther person because of it.  You can't put a price on that!

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