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1922: [Part 2] The True Cost of Commuting by Mr. Money Mustache on Calculating the Costs of Daily Travel and Gas Prices

Optimal Finance Daily - Financial Independence and Money Advice

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Introduction

The true cost of commuting, part two. The idea of living close to work still seems to be completely alien to most people i've met. People put commute distance below house price perceive school quality and neighborhood preference. Let's assume the average person's marginal driving cost is halfway between the ultra mustachion driver gure of 17 cents per mile and uncle sam's generous 51 cent allowance. Since this is close to a medium wage for a suburban commuter it could save you money in the long run.

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