Should I include car payment?

If you wouldn't own the car otherwise, yes — add monthly loan payment × 12.

What about depreciation?

A rough rule: 15¢/mile for typical cars. Multiply by annual miles driven.

Almost always — most bike commutes cost under $200/year all-in.

🚘 Transportation

Your commute costs more than gas. Estimate the full yearly hit including insurance and parking with this calculator.

Daily round-trip distance(miles)

miles

MPG

Gas price($/gal)

$/gal

Work days / year

Insurance($/mo)

$/mo

Parking($/mo)

$/mo

Result will appear here

Should I include car payment?
If you wouldn't own the car otherwise, yes — add monthly loan payment × 12.
What about depreciation?
A rough rule: 15¢/mile for typical cars. Multiply by annual miles driven.
Is biking cheaper?
Almost always — most bike commutes cost under $200/year all-in.