Comments on: The High Cost of Commuting to Work http://steve-olson.com/the-high-cost-of-commuting-to-work/ For People Pursuing Freedom Tue, 08 May 2012 11:19:09 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Improving Time Management by Completing Tasks on a Long Commute | World Wide Articles http://steve-olson.com/the-high-cost-of-commuting-to-work/comment-page-1/#comment-9275 Improving Time Management by Completing Tasks on a Long Commute | World Wide Articles Thu, 18 Aug 2011 00:43:39 +0000 http://www.steve-olson.com/the-high-cost-of-commuting-to-work/#comment-9275 [...] to Steve Olson, a skilled professional IT couple that commute 3 hours a day has a lost “opportunity cost” of [...] [...] to Steve Olson, a skilled professional IT couple that commute 3 hours a day has a lost “opportunity cost” of [...]

]]> By: Net-commute « Internet and Things http://steve-olson.com/the-high-cost-of-commuting-to-work/comment-page-1/#comment-9182 Net-commute « Internet and Things Mon, 23 May 2011 16:47:46 +0000 http://www.steve-olson.com/the-high-cost-of-commuting-to-work/#comment-9182 [...] Internet and Things Internet « Dream a dream Net-commute May 23, 2011 In Bangalore, I spent 90 hours and about one-tenth of my salary to commute to work. While looking for commuting statistics in other cities i came across an article on the web that computes the opportunity cost of commuting of an average technology worker.  Yearly cost – $ 69000. Lifetime opportunity cost – $2070000. Number of work years spent commuting – 11.5. http://steve-olson.com/the-high-cost-of-commuting-to-work/. [...] [...] Internet and Things Internet « Dream a dream Net-commute May 23, 2011 In Bangalore, I spent 90 hours and about one-tenth of my salary to commute to work. While looking for commuting statistics in other cities i came across an article on the web that computes the opportunity cost of commuting of an average technology worker.  Yearly cost – $ 69000. Lifetime opportunity cost – $2070000. Number of work years spent commuting – 11.5. http://steve-olson.com/the-high-cost-of-commuting-to-work/. [...]

]]> By: Top Illustrated Automotive Books Cars Trucks | Mark Traffic http://steve-olson.com/the-high-cost-of-commuting-to-work/comment-page-1/#comment-8953 Top Illustrated Automotive Books Cars Trucks | Mark Traffic Sat, 15 Jan 2011 15:55:05 +0000 http://www.steve-olson.com/the-high-cost-of-commuting-to-work/#comment-8953 [...] of society and a means of personal expression than in America. Whether it’s for the daily commute to work, a weekend trip to a national park or simply a visit to the supermarket, the car is an essential [...] [...] of society and a means of personal expression than in America. Whether it’s for the daily commute to work, a weekend trip to a national park or simply a visit to the supermarket, the car is an essential [...]

]]> By: Judi Fox http://steve-olson.com/the-high-cost-of-commuting-to-work/comment-page-1/#comment-425 Judi Fox Mon, 01 Nov 2010 16:24:09 +0000 http://www.steve-olson.com/the-high-cost-of-commuting-to-work/#comment-425 I have had many different experiences commuting to work (train, bike, long drives (1 and 1/2 hours), and working from home). I prefer a mixture of working from home and being with other people in an office environment. I agree with Anpadh that working from home may not always work and I enjoy interacting face-to-face with other people. I am currently driving 1 and 1/2 hours to work each way (3 days a week) right now because of life changes. I have been doing this for about 10 months, but I am trying my best to be creative and enjoy the commute as much as possible. www.commutingisfun.com I am trying to be as positive and upbeat about my commuting situation until we are able to change the circumstances. We only have a limited number of hours on this planet and we should try to use them as productively as possible. I have had many different experiences commuting to work (train, bike, long drives (1 and 1/2 hours), and working from home).

I prefer a mixture of working from home and being with other people in an office environment. I agree with Anpadh that working from home may not always work and I enjoy interacting face-to-face with other people.

I am currently driving 1 and 1/2 hours to work each way (3 days a week) right now because of life changes. I have been doing this for about 10 months, but I am trying my best to be creative and enjoy the commute as much as possible. http://www.commutingisfun.com

I am trying to be as positive and upbeat about my commuting situation until we are able to change the circumstances. We only have a limited number of hours on this planet and we should try to use them as productively as possible.

]]> By: Telecommuting: Good for the Boss, Good for You | Tehama Group Communications http://steve-olson.com/the-high-cost-of-commuting-to-work/comment-page-1/#comment-424 Telecommuting: Good for the Boss, Good for You | Tehama Group Communications Mon, 25 Oct 2010 18:35:09 +0000 http://www.steve-olson.com/the-high-cost-of-commuting-to-work/#comment-424 [...] not even talk about the cost of commuting, which for some families can create an expense of anywhere from $10,000 to $60,000 a year, said [...] [...] not even talk about the cost of commuting, which for some families can create an expense of anywhere from $10,000 to $60,000 a year, said [...]

]]> By: Twilight Of U.S. Car Culture « Let’s have a mind and raise flowers. http://steve-olson.com/the-high-cost-of-commuting-to-work/comment-page-1/#comment-423 Twilight Of U.S. Car Culture « Let’s have a mind and raise flowers. Wed, 06 Oct 2010 12:13:02 +0000 http://www.steve-olson.com/the-high-cost-of-commuting-to-work/#comment-423 [...] Commuting a total of 1.25 hours a day will cost you about 28,ooo dollars a year in opportunity cost (time missed from actually working). http://steve-olson.com/the-high-cost-of-commuting-to-work/ [...] [...] Commuting a total of 1.25 hours a day will cost you about 28,ooo dollars a year in opportunity cost (time missed from actually working). http://steve-olson.com/the-high-cost-of-commuting-to-work/ [...]

]]> By: SB http://steve-olson.com/the-high-cost-of-commuting-to-work/comment-page-1/#comment-422 SB Fri, 07 May 2010 04:31:54 +0000 http://www.steve-olson.com/the-high-cost-of-commuting-to-work/#comment-422 I think looking at the oppurtunity cost, one should be wise enough to know that staying in a job for 30 years would probably indicate you like, or at least need, this job. So looking for a closer house would be a good option instead of complaining about $2M in commute costs. I think looking at the oppurtunity cost, one should be wise enough to know that staying in a job for 30 years would probably indicate you like, or at least need, this job. So looking for a closer house would be a good option instead of complaining about $2M in commute costs.

]]> By: Hidden Costs of the Work Commute : JANE CHIN http://steve-olson.com/the-high-cost-of-commuting-to-work/comment-page-1/#comment-421 Hidden Costs of the Work Commute : JANE CHIN Sat, 07 Mar 2009 22:17:02 +0000 http://www.steve-olson.com/the-high-cost-of-commuting-to-work/#comment-421 [...] Olson talked about the high price of commuting to work, and gave an example that we here in Southern California find familiar. A young couple that [...] [...] Olson talked about the high price of commuting to work, and gave an example that we here in Southern California find familiar. A young couple that [...]

]]> By: John http://steve-olson.com/the-high-cost-of-commuting-to-work/comment-page-1/#comment-420 John Thu, 08 May 2008 22:05:01 +0000 http://www.steve-olson.com/the-high-cost-of-commuting-to-work/#comment-420 Undoubtedly the cost would still be pretty high, but you should reduce the numbers a bit for adjustment to present value, because $100 30 years from now won't be worth as much as $100 today, even with no inflation (since you could invest the $100 today and get interest over a 30 year period and have substantially more than $100 30 years from now). For example, assuming interest rates of 5% per year, your opportunity cost in the 30th year would be only about $6,652. Your opportunity cost in the 15th year would be only $13,892. So the overall 30-year cost is probably substantially less than $862,500, although still quite a bit. Undoubtedly the cost would still be pretty high, but you should reduce the numbers a bit for adjustment to present value, because $100 30 years from now won’t be worth as much as $100 today, even with no inflation (since you could invest the $100 today and get interest over a 30 year period and have substantially more than $100 30 years from now). For example, assuming interest rates of 5% per year, your opportunity cost in the 30th year would be only about $6,652. Your opportunity cost in the 15th year would be only $13,892. So the overall 30-year cost is probably substantially less than $862,500, although still quite a bit.

]]> By: Anpadh http://steve-olson.com/the-high-cost-of-commuting-to-work/comment-page-1/#comment-419 Anpadh Sat, 28 Apr 2007 13:52:52 +0000 http://www.steve-olson.com/the-high-cost-of-commuting-to-work/#comment-419 In my humble opinion, we don't commute to work to work with work. We commute to work to work with people. And you can't do that from home. I'd much rather be in a large, friendly environment, where I can turn to the guy in the next cubicle and ask for his help than be alone at home, calling people's answering machines when I need help or even just someone to go to lunch with. There is more to life than opportunity cost. There is life itself. In my humble opinion, we don’t commute to work to work with work. We commute to work to work with people. And you can’t do that from home. I’d much rather be in a large, friendly environment, where I can turn to the guy in the next cubicle and ask for his help than be alone at home, calling people’s answering machines when I need help or even just someone to go to lunch with. There is more to life than opportunity cost. There is life itself.

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