Personal transportation is expensive. Very expensive. The mean transportation cost in the United States, per household is $13,174 per year. That makes transportation the second highest expense category for Americans – 31.9% higher than the third highest spending category – the food we eat to keep us alive (which comes in at a comparatively small $9,985 per household). All but $1,096 (8.3%) of those transportation costs comes from the cost of vehicle ownership – the cost of owning/leasing, insurance, financing, maintenance, fuel, and other related expenses. What does that say about Americans? How about the following, for starters: we drive … Continue reading Transportation Costs in the U.S.: The 2nd Highest Expense Category