Some people who began working remotely during the pandemic have enjoyed reduced daily transportation and travel costs – and those small expenses add up to impressive savings.
A study published earlier this month by Markethink, Roos Advisors and NYC Network Group sought to discover where people could save the most money by changing their transportation habits as a result of the crisis. It found Palmdale residents have saved more on commute costs than residents of any other city.
Palmdale workers saved an average of $3,581 over the six months following the virus’ emergence, which, according to the study, translates to 4,500 fewer miles traveled.
Most of the cities in the top 100 are located in Southern California, reflecting the region’s urban sprawl, car culture and lack of centralized public transport.Santa Clarita ranked No. 5, with residents saving an average of $3,126.The study illustrated one way the pandemic and resulting economic landscape have changed consumer behavior.
“Apart from cutting transportation costs – from gas money to bus passes and everything in between – most Americans managed to save money by not spending so much on entertainment, food or going out,” the study said, while acknowledging that on the other end of the spectrum, “many Americans had to rely on their savings to get through harsh times.”
Palmdale Residents Save Staying Home
