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The average annual cost of owning a car in Canada is >$16000 CAD. In the US it's even higher at >$12000 USD. Obviously owning a bike, taking public transit and
by frosted-flakes 1y ago
The average annual cost of owning a car in Canada is >$16000 CAD. In the US it's even higher at >$12000 USD.
Obviously owning a bike, taking public transit and taxis, and occasionally renting a car isn't free, but if you live in a walkable neighbourhood and can take public transit to work it's easy to keep your monthly transportation expenses under $200. The great part about not needing to own a car is that there's no sunk cost that incentivises you to choose one option over another.
- taeric 1y ago"If you live in a walkable neighborhood" is doing a ton of work there. The increase in housing cost almost certainly eats at whatever savings you might see. And the opportunity costs of having fewer work options is not nothing.
- zahlman 1y agoMy original point was that I'm a little perplexed at how high other people's standards seem to be for a neighbourhood to qualify as "walkable".