I did a quick calculation to see what it costs for my wife to drive to work vs. taking the TTC. For this calculation, I used her 2012 Toyota Corolla. Her car loan was paid off years ago.
Calculation was based on these numbers.
Fuel at $1.40 litre
Fuel cost $0.15 per km
Insurance $95.00 per month.
Maintenance $50.00 per month. Which is a lot more than actual.
Work distance (round-trip) 15 kms.
Round-trip driving cost inc. fuel $2.25 + Ins. $3.15 + Maint. $1.66 = $7.06 per day.
TTC round trip $6.50 per day.
Therefore it costs $0.56 more to drive to work than taking the TTC.
I realize I haven't included the cost of the car in the calculation so it would be a bit more.
There is however a major difference in the time it takes to drive vs. the TTC. Round-trip driving takes an average of 25 minutes. TTC takes an average of 100 minutes. So it takes an hour and 15 minutes more per day to commute by transit.
In her case, it's an absolute no-brainer to drive. This doesn't even begin to touch on the convenience of driving vs. the TTC.
Calculation was based on these numbers.
Fuel at $1.40 litre
Fuel cost $0.15 per km
Insurance $95.00 per month.
Maintenance $50.00 per month. Which is a lot more than actual.
Work distance (round-trip) 15 kms.
Round-trip driving cost inc. fuel $2.25 + Ins. $3.15 + Maint. $1.66 = $7.06 per day.
TTC round trip $6.50 per day.
Therefore it costs $0.56 more to drive to work than taking the TTC.
I realize I haven't included the cost of the car in the calculation so it would be a bit more.
There is however a major difference in the time it takes to drive vs. the TTC. Round-trip driving takes an average of 25 minutes. TTC takes an average of 100 minutes. So it takes an hour and 15 minutes more per day to commute by transit.
In her case, it's an absolute no-brainer to drive. This doesn't even begin to touch on the convenience of driving vs. the TTC.