How much do you spend on your commute?
It may be more than you think.
There are hidden costs in driving alone to work every day, beyond
gas and tolls. And we all know too well how much the recent increases in gas prices has
impacted our budget!
According to the American Automobile Association
(AAA-Cost of Driving),
it costs an average of 54.0 cents per mile to drive a car: this includes gasoline ($2.70
per gallon), oil, maintenance, tires, and depreciation.
Say you had a 50-mile round-trip commute.
At 54.0 cents per mile:
Your daily commute cost would be $27.00
Your monthly commute cost would be $568.00
Your annual commute cost would be $6804.00
And this wouldn't even include tolls or parking.