# How Much Does Your Commute Cost?

You don’t know because Jack was right.

I hope it’s a lot less than mine. All numbers are approximations.

• 40 weeks x 4 days commuting per week = 160 round trips of about 65 miles = 10,400 miles/year. Divided by 36 miles per gallon = 289 gallons x \$3.25/gallon = \$939. Because I like round numbers, let’s say the cost of gas continues creeping upwards, so let’s round up to \$1,000 year in gas.

• \$846 in insurance, but since 20% of my mileage is non-work, let’s pencil that in as \$677 (I will resist rounding).

• Approximately \$500 in routine services, tires, general wear and tear, so a work adjusted total of \$400.

• 80% of my \$65 annual registration is \$52.

• I paid \$38.5K for my car in 2015. Let’s assume it will be worth \$5.5k in 2024 when it will have 150k on it. That’s \$33k in depreciation over ten years or \$3.3k per year.

So \$1,000 gas + \$677 insurance + \$400 in maintenance + \$52 in registration + \$3,300 in depreciation = \$5,429. Are we done? Unfortunately, no, we’re not even close.

Why? Because I haven’t added in the cost of my time spent behind the wheel. Without traffic, my 65 mile roundtrip commute takes 1:25-ish, adjusting for traffic, let’s call it 1:40, or 6 hours and 40 minutes per week for a grand total of 267 hours per year or nearly 7 weeks of full time work sitting behind the wheel.

Hmm, how to value that time? If you or your workplace want to hire me to edit or write something or consult on a work or life problem, I’ll charge something north of \$100/hour, but that doesn’t mean all my time is that valuable. How much should we discount my commute time? By half? If my commute time is worth \$50/hour, that adds \$13,350 to the above total. What if we discount it by half again, using \$25/hour as our estimation, then we add \$6,675 to our previous total.

At \$25/hour, it costs me \$12,104 to work each year. At \$50/hour, \$18,779.

Drumroll. This is as painful a sentence as I’ve written in a long time. It costs me somewhere between \$12,000 and \$19,000 getting to and from work each year.

If you’ve ever read one of my 1,348 posts and thought there was some semblance of intelligence evident within it, this 1,349th one should disabuse you of that idea forever and ever amen.

## 3 thoughts on “How Much Does Your Commute Cost?”

1. Well, the highest cost by far is your time. Are you gonna change jobs?

Sent from Lynn

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• Maybe I should run for Governor. “What are your goals candidate? First and foremost to shrink my commute.”

2. What stands out for me is the round trip of 65 miles. I really don’t like driving, so that seems excessive! I drove exactly one hour and 15 minutes each way for a job I really loved, years ago, when I was much, much younger. After a year, I quit, and took a less enjoyable job much closer. I may have added some time to my longevity as a result, I think!