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  Economic benefits of integrating cycling
   

Commuting by bicycle instead of by car can save you between $5,700 and $8,700 each year!

  • Save money on the costs of parking and insurance.

  • Employees who cycle are healthier and happier.

  • Attract the business of Toronto's 939,000 cyclists over the age of 15.

  • Save on long-term costs of smog, healthcare, traffic congestion, per capita road expenditures, climate change, and acid rain.

  • Individuals save between $5,700 and $8,700 - more for those who forego the purchase of a new car - by commuting by bicycle instead of by car.

  • The average car-operating cost in Canada is estimated at between $6,000 and $9,000 per year ($15,000 for the first four years of owning a new, full-sized car).

  • Congestion costs $1 billion each year in Toronto.

  • The presence of heavy traffic in Paris is thought to be responsible for an aggregate loss of $20 billion in property values up to 1995.

  • In auto-dependent US cities, per capita road expenditure is $264. Less dependent European cities spend $135, while some Asian cities spend as little as $88.

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