Commute Cost Calculator

PRO
Intermediate 15 min Verified 4.7/5

Calculate the true cost of a longer commute including vehicle expenses, time value, depreciation, and quality-of-life factors to make smarter rent vs. distance decisions.

Example Usage

I’m considering moving from my current apartment ($1,400/month, 15-minute commute) to a cheaper place ($1,100/month, 45-minute commute). I make $65,000/year and drive a 2019 Honda Civic. The new place is 25 miles from work vs. my current 8 miles. Help me figure out if the $300 savings is actually worth it when I factor in all the hidden commute costs.
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Suggested Customization

DescriptionDefaultYour Value
My gross hourly wage for time value calculations30
Current one-way commute time in minutes15
Proposed one-way commute time in minutes45
Current monthly rent amount1400
Proposed monthly rent amount1100
Total daily round-trip commute distance in miles40

How It Works

The Commute Cost Calculator helps you make informed housing decisions by revealing the hidden costs of commuting that most people overlook. A “cheaper” apartment far from work often becomes the expensive choice once you factor in vehicle depreciation, time value, insurance, and health impacts.

What This Skill Analyzes

  1. Direct Vehicle Costs - Using IRS standard mileage rates that account for fuel, depreciation, maintenance, insurance, and financing
  2. Time Value - Multiple methods to calculate what your commute time is actually worth
  3. Hidden Expenses - Parking, tolls, insurance differentials, and opportunity costs
  4. Quality of Life - Research-backed thresholds for when commutes become harmful
  5. Break-Even Analysis - The exact point where rent savings disappear

The Math Most People Miss

The IRS calculates true vehicle operating costs at $0.67/mile (2024-2025). This means a 60-mile daily round-trip costs $40/day or $10,000+ annually—not the $15-20 most people estimate when only counting gas.

Add time value (your commute hours × your hourly wage) and the “cheap apartment” often costs more than the “expensive” one.

Research Sources

This skill was built using research from these authoritative sources: