It would be nice if we could teleport to work, wouldn’t it? Avoiding traffic and skipping out on crowded trains sounds like a dream. But no. Not only do we have to deal with bad drivers on the road and delayed public transportation, we also have to shell out thousands for it every year, according to CNN Money.
Putting a price tag on it, Americans spend $2,600 each year — and 200 hours annually — getting to and from work.
Employees in Los Angeles spend the most; a daily trip costs about $16 both ways. New Yorkers fall right behind the LA crowd spending $14 for a round trip to the office. Commuters in San Francisco and Chicago spend $11 a day, according to Citi’s ThankYou Premier Commuter Index.
“For the millions of people who commute on a daily basis, the unavoidable costs can have a major impact on household budgets,” Chris Fred, head of proprietary product management at Citi Cards, said.
According to USA Today, transportation costs have jumped within the last five years — the average price tag on daily commuting climbed to $10. The survey found that 60 percent of respondents said that their commuting costs have increased.
The average commute to work for Americans is 45 minutes, but New Yorkers spend a lot more time than that. Having the longest travel time (a number of MN staffers spent an hour on stalled subways yesterday morning just to get to the office), Big Apple residents spend a whopping 73 minutes traveling to work. Workers from Chicago come in second with a 64-minute commute. Travel times for San Francisco and LA hover at around 55 minutes.
Most Americans choose to get to work by driving, according to USA Today; they set aside a budget for buying gas rather than relying on public transportation.
And here’s an interesting tidbit: The survey found that 76 percent use commuting time to relax, including listening to music and chatting on the phone with friends. Seventy-two percent of the women say that travelling to work is the only “me time” they have during the day.
Have your transportation costs taken a hike lately?