Friday, August 10, 2007

Houston has America's Most Expensive Commute


You read that right guys. The AIADA newsletter is reporting about a recent study held by the Transportation Policy Partnership (STTP) about the United States' top ten most expensive commutes and among all the cities, Houston got the highest rank. The cities were judged based on the public transit fare, gas and tolls as well as the budget spent on vehicle payments and maintenance.

Forbes also reports about Houston winning the top of the list. The city was able to get an average score of 20.9%, the highest score among the rest in terms of its annual household costs.
Washington, D.C’s metropolitan policy fellow at the Brookings Institution Robert Puentes said, "In Houston, the cost of transportation is the No. 1 household expense, above shelter." But it doesn’t end there. Aside from the expenses that Houston people spend on transportation, they are also noted to have a high cost of living in terms of household expenses. Houston was 14th, costing 52% of its household income.

The study shows the high coast of transit cost because the city got few policies that hinder the sprawl and it allow a budget-friendly housing. Other composite ranking were almost out of the sync income levels like the Miami and Tampa. Miami spent 57.5 on their home pay while the Tampa spends 57.7%.

Does this mean that Houston city has the large number of vehicles on the streets? Or maybe people on this area are fond of traveling which is why they were held as the America's Most Expensive Commutes. I got this news from the net and if you wish to see more information about it, you can visit Forbes.com or theautochannel.com for detailed information about the latest release from Transportation Policy Partnership and the complete list of the top ten cities with expensive commutes.