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Cost of congestion

November 21, 2011

An institute in America has tried to calculate the monetary and time value of traffic congestion – and says it costs the USA $101 billion a year.

An institute in America has tried to calculate the monetary and time value of traffic congestion – and says it costs the USA $101 billion a year. The study by the Texan Transport Institute says the cost to the average commuter was $713 in 2010 compared with $301 in 1982 (adjusted for inflation), which led to 1,9 billion gallons of fuel being wasted, and caused 60 million Americans to suffer more than 30 hours of delay in 2010. The report’s authors say the problem will worsen when the economy recovers. Report from https://goo.gl/iOsp1

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