Economic Benefits
Bicycling is an affordable form of transportation. Car ownership is expensive, and consumes a major portion of many Americans' income. When safe facilities are provided for bicyclists, people can ride more and spend less on transportation, meaning they have more money to save or spend on other things.
Money facts
- The cost of operating a sedan for one year is approximately $7,800 (AAA, Your Driving Costs).
- According to 2004 data from AAA estimates and US Census surveys, ownership of one motor vehicle accounts for more than 18 percent of a typical household's income.
- The cost of operating a bicycle for a year is only $120 (League of American Bicyclists).