How Much?
11 July, 2008
AAA calculates the cost of driving a car in the U.S. at 54.1 cents/mile on average (including fixed costs, such as insurance and depreciation)*. Let’s think about this.
If I have an 8-mile commute to work, which I do by car 22 times per month I pay:
22 Days/Month x (16 Miles/Day x .541 Dollars/Mile) = $190.43/Month
In one year I spend $2285 just getting to work! But that’s just the average. How many of us are paying more?
* See the comments for further discussion about fixed vs. variable costs
