I hear complaints about commuting quite a bit ever since people started coming back into the office. From people who live in places like Legacy, and Chaparral, or Airdrie. I don't judge them for wanting to live where they live as everyone's circumstance is different, but certain things come with the territory, and also people don't always factor everything in.
I don't think a lot of people think about the cost or time involved in commuting. A coworker of mine who bought in Legacy was actually looking at inner city areas, including my area, but decided on Legacy, and got a place for 150K cheaper.
There's a straight up cost savings, and depending on where you work or the nature of your work, you could fully realize those cost savings. If you work downtown or inner city, things change. He burns at least $10 in gas round trip, and pays $26-30 for parking.
Just the $36-40 a day in gas and parking adds up to around $300 per month - for only two days a week. Over time that eats into the money saved on buying in the burbs, and then you have the indirect costs. An hour of travel each way, plus high usage on the vehicle.
I paid more to live inner city, but when I cycle into work, it's $0 gas $0 parking, and it's 15 minutes travel by bike or car, about 20 by bus. Round trip travel by bus is just over $7. There's almost no time or financial cost in my commute. My wife's 2010 vehicle is still in great shape and has rarely been in for maintenance because it hardly gets driven.
I don't think a lot of people think about the cost or time involved in commuting. A coworker of mine who bought in Legacy was actually looking at inner city areas, including my area, but decided on Legacy, and got a place for 150K cheaper.
There's a straight up cost savings, and depending on where you work or the nature of your work, you could fully realize those cost savings. If you work downtown or inner city, things change. He burns at least $10 in gas round trip, and pays $26-30 for parking.
Just the $36-40 a day in gas and parking adds up to around $300 per month - for only two days a week. Over time that eats into the money saved on buying in the burbs, and then you have the indirect costs. An hour of travel each way, plus high usage on the vehicle.
I paid more to live inner city, but when I cycle into work, it's $0 gas $0 parking, and it's 15 minutes travel by bike or car, about 20 by bus. Round trip travel by bus is just over $7. There's almost no time or financial cost in my commute. My wife's 2010 vehicle is still in great shape and has rarely been in for maintenance because it hardly gets driven.
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