Car commuting remains the dominant method for American workers, but the costs are high, averaging over $8,000 a year. In contrast, public transportation costs are significantly lower, at about $972 annually. This offers renters—who typically earn around $4,000 monthly—potential savings of nearly two months' salary by making the switch. Although homeowners can also save, their costs consume a smaller percentage of their income, making the financial gain from switching less impactful than for renters.
By switching from a car commute to public transit, commuting costs can drop dramatically from over $8,000 annually to just about $972, allowing significant savings.
For the average U.S. renter household earning around $4,000 monthly, switching to public transit could save them the equivalent of nearly two months' salary.
The financial relief achieved by renters who switch to public transportation is substantial, with their car commute costs representing more than 15% of their salary.
In contrast, homeowners see their commuting costs, even if reduced, represent a much smaller share of their income, making public transit savings less impactful for them.
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