September 4, 2008
Boston's Number One in Transit Savings
The American Public Transit Association (APTA) has ranked Boston first on its most recent list of cities where you can save money by taking public transportation. (We beat NYC by $5 per month--that'll buy a Guinness!) The APTA compiles the list regularly, based on the cost of a monthly transit pass, local parking prices, current gas prices (in this study, $3.678 per gallon, assuming an average 23.4 mpg and 15,000 miles of driving per year), and car maintenance costs. The aggravation of waiting for public transportation and the opportunity cost of a longer commute (where applicable) do not seem to be taken into account. Here are the ten cities where you can save the most by busin' (or subwayin') it:
| Rank | City | Monthly Savings | Annual Savings |
| 1 | Boston | $1,124 | $13,490 |
| 2 | New York | $1,119 | $13,431 |
| 3 | San Francisco | $1,054 | $12,648 |
| 4 | Chicago | $978 | $11,738 |
| 5 | Philadelphia | $946 | $11,346 |
| 6 | Seattle | $944 | $11,327 |
| 7 | Honolulu | $935 | $11,215 |
| 8 | Washington DC | $883 | $10,593 |
| 9 | Los Angeles | $871 | $10,455 |
| 10 | Minneapolis | $859 | $10,302 |
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