Monday, November 21, 2011
Trib mentioned the annual cost savings benchmarking put out by the folks at the American Public Transit Association. While this is the type of thing it might be useful to normalize to the local cost of living in some form, it still is worth noting that we actually rank low in terms of how much transit saves the average commuter. Might explain a lot of things. This is just a graphic of their table of the top 20 cities with the highest transit ridership ranked in order of their annual transit savings by their calculation:
So I'm not going to deconstruct it more, but the relatively low savings I suspect is reflective at least in part from a combination of relatively high fares and low parking costs. I suspect no methodology fully takes into account the greater depreciation on nearly everyone's suspension here.