| Your Commute Can Be Costly
This calculator estimates your daily commute costs when driving alone. The estimate is based on the IRS estimated cost of 58.5¢ per mile to operate an average car. Over a year, those commuting costs can add up to a significant expense. To find out what your commute costs per month, based on a work schedule of 21 days per month, use the following formula.
commute costs per month = miles commuted per day × .585 × 21
For Example:
Someone who commutes 40 miles a day to work (20 miles each way).
commute costs per month = 40 × .585 × 21
commute costs per month = $491.40
Alternate Transportation = Savings
Here are some sample comparisons, based on 58.5¢ per mile and a 21-day work month.
|
Driving Alone vs. Carpooling or Vanpooling
(55-mile round trip) |
|
Daily Cost |
Monthly Cost |
| Drive Alone |
$32.17 |
$675.67 |
| Carpool (2 people) |
$10.03 |
$210.73 |
| Vanpool |
$5.25 |
$83.00 |
|
Driving Alone vs. Taking the Train (including parking)
(80-mile round trip) |
|
Daily Cost |
Monthly Cost |
| Drive Alone |
$46.80 |
$982.80 |
| Train (New Haven - Stamford) |
$18.00 |
$170.60 |
| Train (Brewster - White Plains) |
$13.00 |
$117.25 |
|
Driving Alone vs. Taking the Bus (I-BUS/CT Transit)
(30-mile round trip) |
|
Daily Cost |
Monthly Cost |
| Drive Alone |
$17.55 |
$368.55 |
| Bus (Stamford - White Plains) |
$5.00 |
$75.00 |
|
Driving Alone vs. Taking the Bus (Bee-Line Westchester DOT - 77 Taconic Express)
(100-mile round trip) |
|
Daily Cost |
Monthly Cost |
| Drive Alone |
$58.50 |
$1228.50 |
| Bus (Carmel - White Plains) |
$2.80 |
$50.00 |
|
