One fifth of net wage in the UK goes to automobile


One of the reasons to use the bicycle or the public transit in the daily life is cost, i.e., to save money. According to the OECD the median net income in the UK is around £18,700 a year and according to autocosts.info, which takes into account all the inputs from the users, disregarding statistical outliers, the average total costs for the British motorist is roughly £4,000 per year. Therefore the average British driver spends about 1/5 of their net income, only to own and operate their automobile. With the bicycle or the public transit when available, you can save really a lot of money, specially regarding those items related to running costs.

This data is taken from autocosts.info/UK.

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