It stays there all day while the van racks up the miles. I save a bundle, relax on the way to work and unwind on the way home. Runzheimer International, a management-consulting firm specializing in travel and living costs, estimates the national average driving rate at 32.5 cents per mile. The Internal Revenue Service uses the Runzheimer number to set the national per-mile driving rate for U.S. taxpayers. Runzheimer says the actual cost in Connecticut is much higher - around 45 cents per mile average and approximately 55 cents per mile for those who own a new car.
Many commuters calculate their driving costs based on gas money alone.
I've been riding the Express Bus for 15 years. My husband rides with me, and our transportation savings have really allowed us to accumulate a great nest egg. When we started riding the bus, we got rid of our second car, and we've been using one car ever since. You wouldn't believe how much money we save every year by not having to own a second car. We've talked to commuters with truly incredible savings to report.