Property taxes vs. car costs
He says AAA calculates the average annual cost of owning and using a car, assuming you drive it 15,000 miles a year, at just over $8,000. (The range is $6,300 for a small sedan and $10,500 for a mid-sized SUV, and it includes gas, maintenance, tires, insurance, payments and depreciation.)
If you're part of a couple living in suburbia, you probably need two cars. But if you move somewhere where you can get rid of one car -- like, oh, say, downtown, he suggests -- then you save $8,000-plus a year on average.
"Owning two cars is almost a necessity in suburban locations, and therefore, it functions as a tax on suburban living," said Aydukovic, vice president of economic development with the Downtown Partnership. "It costs you a lot more than filling the tank every week. And I think people don't realize that."
What I'd love to see is a calculation of all living costs. What's pricier in the city? What's more expensive in the 'burbs? Have you moved from one to the other lately and noticed a difference in your budget?
For that matter, have you moved closer to work (wherever that may be) to deal with gas costs?