I’m slowly but surely transitioning from driving to cycling to the point I’m going to have to change jobs to stop driving all together. While this surely has many health and environmental benefits, I was wondering about the financial benefits. Those of you who have already made the transition, how much have you save by not driving?
It’s been like 6 years since I’ve owned a car but I’ll try to estimate what is was when I had one.
So my estimate is $3500-$4000 a year
But I do spend about $150 a year in bicycle maintenance so there’s that. And about $50 a month in bus fares.
If my math is right, $850 over $4000 is still huge savings.