183
If you ditched your car, could you afford to leave the suburbs for a great urban neighborhood? (lemmy.dbzer0.com)
submitted 8 months ago by to c/fuckcars@lemmy.world
89 comments fedilink hide all child comments
 

This is the question posed on CityNerd video titled "Walkable Cities But They Keep Getting More Affordable"

If you ditched your car, could you afford to leave the suburbs for a great urban neighborhood?

Ray Delahanty answers the question in the 26 biggest US cities.

The analysis assumes the all-in cost of owning and operating a car is $1,000 per month, including purchase, insurance, fuel, and maintenance.

In the city, transportation costs might total about $250 per month for transit passes, biking, ride-hailing, and other small expenses.

This results in an effective $750 per month increase in the housing budget for city center residents who do not own a car.

The results of the video are quite interesting, as you can get more m² in walkable areas in most cities

you are viewing a single comment's thread
view the rest of the comments
[–] 10 points 8 months ago* (last edited 8 months ago)

Well we do live in a city neighborhood and don't have to drive much.

Car insurance on two cars not used daily $400/month here, gas immaterial. But the cost of the cars (paid off) was so much money, if spread over a 15 year life (mine will go longer maybe, but that's unusual) would add another $125 each, so $650 plus gas and maintenance (less maintenance cost because cars were bought pretty new).

My daily commuter is a good electric bike, $2,000 plus electricity (I could charge it at work tho) and maintenance. I don't know how long they last, so can't estimate a per month but insurance for a year costs less than one car costs for a month.

Transit pass here about $50 a month. But buses are terribly infrequent.

  • permalink
  • fedilink
  • source
    •