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?
I switched from transit to cycling, which saves me around $100 a month on the monthly pass we have here in Stockholm. A bit less so since I still occasionally ride transit and those trips now cost around $4 a ride instead of having a marginal cost of 0.
I’m sure I manage to spend similar amounts buying upgrades and gear for my bike so far, but I also save some time for each trip I make since biking is generally faster from where I live. I also get copious amounts of exercise, so I’m still getting out way ahead