Commuters by the numbers; plus, some cost-saving strategies to dull the pain
People who drive to work day in and day out have likely grown weary of hearing about the growth of working from home. The rising costs of their commute no doubt add insult to injury.
That said, more than 124 million Americans commuted in 2022, accounting for 77% of workers. Though some remote workers are being called back to the office, it’s widely believed that working from home will remain more common now than it was before 2020. Even so, commuters will long outnumber telecommuters.
The costs of owning a vehicle grew at a double-digit rate every month from April 2021 to November 2022, according to this NerdWallet Vehicle Ownership Costs Index. That growth has slowed in 2023, but fuel prices continue to hold it aloft. Ownership inflation was 11% in September. And since 2019, the costs — including gas, repairs and maintenance, parking, insurance and licensing costs — have risen 35%.
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