Bus beats 3000% return on investment
Published March 9th, 2007 in RamblingsWould you know how cost effective catching the bus is? I can now answer this question, after some simple experimentation.
My usual commute to work involves catching a very short walk, bus ride, then another short walk. All up a total travel time of 35 minutes (although with traffic it’s typically closer to 45 minutes).
However, today I decided to walk home. Yep I walked from Chippendale to Five Dock, a distance of 9.95 km. It took me 111 minutes. So that’s a difference of 76 minutes.
If I worked freelance I might get paid $550 a day, so in that 76 minutes each way I’m theoretically missing out on $174.17 per day.
I have a quarterly bus pass, which costs approximately $5.60 per working day. So that’s an ROI of 3110% per day, and a saving of 608 hours per year (based on a 240 day work year). How very Jakob Nielsen of me.
And that’s not even taking into account the wear and tear on my poor feet :)
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