how much does traffic cost the average person
In America the average cost of congestion to a car-owning household is estimated to be $1,700 a year; in France it is $2,500.o do so they measured three costs: how sitting in traffic reduces productivity of the labour force; how inflated transport costs push up the prices of goods; and the carbon-equivalent cost of the fumes that exhausts splutter out.
Traffic jams cost Beijing $11.3b a year. Beijing's annual bill for traffic congestion amounts to 70 billion yuan ($11.3 billion), a recent study has found. According to a 2014 survey conducted by Peking University's National Development Research Institute, 80 percent of total loss relates to time wasted waiting, 10 percent to gas and 10 percent to environmental damage.