What is the true cost of a daily commute?

A 30-mile round trip by car costs $16–24/day in fuel and wear. Adding parking ($10–20/day), a 1-hour commute time at $20/hour, and the full daily cost reaches $46–64 — or $11,000–16,000/year.

How do I calculate the time value of commuting?

Multiply your hourly after-tax wage by daily commute hours: 2 hours/day at $20/hour = $40/day in time value. Over 250 working days = $10,000/year in foregone time.

Daily Commuting Total Cost Calculator

Calculate the full daily cost of your commute including fuel, parking, train/bus fares, wear, and the opportunity cost of commuting time.

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Enter the values for the scenario you are assessing. Calculate the full daily cost of your commute including fuel, parking, train/bus fares, wear, and the opportunity cost of commuting time. Use the daily commute cost result to inform your calculation.

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