This article was written by Reuben Deumling, a Portland resident, active participant in the local cargo biking scene, and frequent commenter who some of you may know as “9watts.” You might also recall the cool, DIY wooden child seat he shared with us back in 2010.
I often read here on BikePortland about $5,000 singlespeeds and $6,000 cargo bikes, and I think about a lifetime of used or discarded bikes I’ve fixed up and ridden or resold. I enjoy the lines of a Vanilla or Ahearne or Bullitt as much as the next person, but choosing to live lower on the pecuniary totem pole, that is just not my market.
I’d like to share what the economics of bicycling looks like from my perspective.
Part of the fun of not owning a car is that you avoid all the bills — gas, oil, insurance, parking, and repairs, (not to mention buying the car itself and eventually replacing it) — that come with it. For me, that statistic you read about that suggests the average car-owning household spends around $9,000 per year in car-related expenses, is inconceivable given how our household has chosen to spend money.