Buyer Tool 08
A longer commute isn't just inconvenient — it has real dollar and time costs that affect your total cost of living. Factor commuting into your home search before you fall in love with a property.
Annual Commute Cost
Transport Cost
$4,800
Fuel / transit per year
Time Cost
$9,100
At your hourly rate
Total Annual Cost
$13,900
Transport + time
Time Investment
Hours per day (round trip)1.2 hrs
Hours per week4.7 hrs
Hours per year235 hrs
Equivalent workweeks lost per year5.9 weeks
Monthly commute cost
$1,158
Factor this into your total monthly housing budget when comparing homes at different distances.
30-year total cost
$417,000
If you stay in the home 30 years, this is what your commute costs over the life of the mortgage.
Transport costs estimated using IRS standard mileage rate ($0.67/mile for 2024) for personal vehicles. Time costs are illustrative — your actual opportunity cost may vary. Transit costs require manual input. Estimates do not include vehicle depreciation, parking, or toll costs. This tool is for planning purposes only.