How Much Does a Long Commute Cost You?

The following is an infographic and  guest post from Anastasia Ivanov, a freelance writer and graphic designer for InvestmentZen with a penchant for flipping houses.

Have you ever paused for a moment to consider how much your car commute to work might be costing you? If you haven’t, the figures you are about to encounter will make your head spin.

Not only are long car commutes to work financially costly, they take so many hours that by the end of a 30-year career, you’ll have effectively spent several full months staring at other people’s tail lights.

For instance, if your commute averages 26 minutes, you spend 9 full days of your life on the road annually. That’s a steep price to pay just to get to work.

How about the financial impact? When it’s all said and done, car commutes can easily cost the average person up to a million dollars cumulatively over the course of a 30-year career in lost time and earnings. Considering how easily those lost earnings could accelerate your early retirement, you definitely want to take into account how far away you live from the office.

Moreover, when you consider the health and environmental impact that comes with a long commute such as the increased pollution from emissions along with increased stress levels and the risk of developing high blood pressure, you’ll better understand why Metromile is so passionate about rewarding people who spend less time in their cars.

Metromile’s pay-per-mile insurance is not only the most practical policy, it’s also one of the few policies available that reward you for your sound lifestyle choices.

To see more details about how expensive a long commute can be, just take a look at the infographic below by InvestmentZen. (more…)

9 Alternative Commute Options

The following is a guest post from Neil Richardson, an advisor for The Zebra, the nation’s largest car insurance comparison marketplace.

For the working masses who commute on a daily basis, private cars (75%) or car pools (9%) are most often the transportation of choice. But for those who can’t or don’t want to travel by car every day, there are plenty of other options for getting where you need to go.



Bicycles are a green, healthy and affordable option, and cities are increasingly becoming more bike-friendly, adding new bike lanes and cracking down on dangerous driver behavior that threatens cyclists. (See the League of American Bicyclists’ state-by-state guide to bicycle laws and ranking of the most bicycle-friendly cities and states.)

Cost? You can find plenty of used bikes on Craigslist for under $100, or for new models, you can expect to pay anything from $200 to $5,000+. The Zebra likes:

1. Cyclotron bike ($1,100-$2,990): Modeled after the one in the movie Tron, this bike has no spokes or tires, is “smart” (connected to an app), and has cool LED wheels with extra storage space.

2. Gi FlyBike ($2,000): This bike was created for commuters. It folds in half for easy storage in seconds, and it can be ridden as a traditional bike or by activating its electric mode, which can give riders a rest for up to 40 miles. The Gi FlyBike also has smartphone charging and is expected to start shipping in March 2017. (more…)