Americans are saving more than just money by not commuting

bus-690508_1920Question: How much time and money have you saved since the beginning of quarantine?  

The pandemic lockdown has killed the work commute. And as the number of miles people travel every day has collapsed, commuters have saved themselves billions of dollars.

In June, Americans traveled nearly 37 billion — yes, billion — fewer miles than in the same month last year, according to the Federal Highway Administration. Usually, the number of miles traveled peaks in the summer when people go on vacation, but of course this summer is quite different.

That’s translating to a lot of cost savings: Workers who once commuted by car but now work from home are saving a total of $758 million per day, according to research from freelancing platform Upwork. Over the months since the pandemic hit the US, that figure amounts to a cumulative $90 billion.

The savings comprise gas, car maintenance and repairs, as well as the costs that driving imposes on society, such as congestion and polluting, said Adam Ozimek, chief economist at Upwork.

%d bloggers like this: