Tuesday, May 16, 2006
Economics of Commuting
vs. For the next several weeks I will be commuting to Foster City three days a week to work onsite with a client. Since it's a significant distance I decided to compare and contrast public transportation versus driving.
On the day that I used public transportation it went like this:
- Drive from Brentwood to Concord
- BART from Concord to Balboa Park
- BART from Balboa Park to SFO
- BART from SFO to Millbrae
- Get picked up by a co-worker and drive from Millbrae to Foster City
On the day that I drove I went in pretty early in the morning and it went like this:
- Drive from Brentwood to Foster City
So, from a time perspective, driving is the obvious choice.
From a financial perspective, driving is also the obvious choice. Here is the math:
BART
Costs: $11.40 BART + $5.37 Gas = $22.25 - $11.40 BART (expense) - $5.48 Mileage (expense) = -$16.88
Driving
Costs: $3 Bridge + $15.68 Gas = $18.68 - $3 Bridge (expense) - $64.97 Mileage (expense) = -$49.29
So driving earns me $49.29 after figuring in expenses.
I understand that my car is experiencing wear and that driving isn't as good for the environment. However, if I get to spend an extra three hours with my family and take home extra money I'd say it's a pretty obvious conclusion that driving is the way to go.
Fortunately my car gets great gas mileage so I actually earn money after expenses (most people at my work lose money with their 14 mpg SUVs). Also, my car will probably easily last 150,000+ miles without major mechanical work so I'm not so worried about the wear.
Comments:
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Wow! Ugh - commuting!! But 3 hours vs. 1 1/2 is a no brainer!!! Especially since you don't have parking expenses to factor in (which can be ridiculous) and since you get reimbursed, well hell. Now all you need to arrange for is to be reimbursed for a car service that will allow you to sleep the whole way =-p.
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