Commuters are paying what?

Commuting to work in the UK is notoriously expensive, costing workers a large portion of their salary. This is down to the high cost of petrol, parking tariffs as well as expensive train fare.

For those unable to work from home and cut the price of commuting altogether, there is a hefty price which goes along with getting to work every day.

 

Is it best to commute via train or car?

The average Brit spends £421.22 a month when commuting via car. This includes the price of petrol, parking, a coffee as well as lunch.

The average brit spends £512.72 a month including, a return ticket, 2 inner city buses, coffee and lunch when commuting by train.

Since March, train fares have increased by 4.9% which commuters are definitely feeling the affects of.

So, travelling by car could save you money. Using a park and ride could be an efficient way to commute as, all you pay for is the bus ticket into the city and you can avoid inner city parking tariffs.

Commuting via train is more expensive than by car, so look for some ways to save money on your train tickets.

The worst Location for commuting

London is of course, the most expensive UK city to commute around and into with the average price of commuting being, £5,102 a year. For those who drive to work in London, they typically spend £65.64 a month driving to the office. Parking in London is on average £15 a day being the most expensive UK city to park in.

Bristol is next for those getting the train to work as this city has one of the highest train fare prices. Those on the train usually spend £718.40 a month on train journeys. Those who drive to work spend £464 as Bristol has the second, highest price of fuel after London.

 

Labour’s plans for the Railways

Labour are now in government so we expect some work being done on their promise to fully nationalise the train network within 5 years. Labour pledged bringing all passenger rail into national ownership under Great British Railways (GBR).

Their hope is that this will simplify ticketing for passengers as it will only be one company which all tickets will be valid for. Labour have claimed that there have been issues with the railways which are costing £2.2 billion a year which the Conservative party neglected to handle. With the plan by Labour they say this could save £1.5 billion which could then be used to cut fares by 18%.

Their claims to cut fares are the thing most people will be waiting for, especially those commuting and paying the prices above.