Beaterbikonomics: Owning (And Occasional Theft Of) A Bike Is Way Cheaper Than Transit

Pains of an imminent NYC transit fare hike and a recent article in the New York Times on bike theft/vandalism defeatism inspired me to validate the overwhelming perceived economic benefits of commuting by bike versus transit, despite the occasional theft.  If frugal is the next big thing and green is the new black, then hop on a crappy old bike if you want to be hip.

1 minute read

April 6, 2009, 10:35 AM PDT

By Ian Sacs


Pains of an imminent NYC transit fare hike and a recent article in the New York Times on bike theft/vandalism defeatism inspired me to validate the overwhelming perceived economic benefits of commuting by bike versus transit, despite the occasional theft.  If frugal is the next big thing and green is the new black, then hop on a crappy old bike if you want to be hip.  In the chart below, I compare the costs of commuting by transit assuming the regular purchase of a 30-day unlimited metro pass ($81 in NYC as of April 2009, but not for much longer) to commuting by beater-bike assuming the occasional theft.  I checked the beloved craigslist for used bicycles and determined that one can find an acceptable replacement for $150 on average (lower if you've got the knack).  I would say that used bikes in NYC are a bit pricey, but if you buy through a local community bike program (or start your own!) such as HoBiken in my hometown of Hoboken, NJ, you can smash this analysis.  Anyway, if you think you can manage to keep your losses to less than 5 bikes per year, surrender your metrocard and start riding:


Ian Sacs

Ian Sacs has been playing in traffic for over ten years. He solves challenging urban transportation and parking problems by making the best possible use of precious public spaces and designing custom-fit programs to distribute modal demand.

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Cover CM Credits, Earn Certificates, Push Your Career Forward

Aerial view of town of Wailuku in Maui, Hawaii with mountains in background against cloudy sunset sky.

Maui's Vacation Rental Debate Turns Ugly

Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.

July 1, 2025 - Honolulu Civil Beat

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

July 2, 2025 - Diana Ionescu

Map of Haussmann's redesign of Paris in the 1850s through 1870s under Napoleon III.

In Urban Planning, AI Prompting Could be the New Design Thinking

Creativity has long been key to great urban design. What if we see AI as our new creative partner?

June 30, 2025 - Tom Sanchez

Street with parking protected bike lane and parked cars in downtown Portland, Oregon.

Portland Raises Parking Fees to Pay for Street Maintenance

The city is struggling to bridge a massive budget gap at the Bureau of Transportation, which largely depleted its reserves during the Civd-19 pandemic.

July 8 - Willamette Week

Aerial view of Spokane, Washington with river in foreground.

Spokane Mayor Introduces Housing Reforms Package

Mayor Lisa Brown’s proposals include deferring or waiving some development fees to encourage more affordable housing development.

July 8 - The Spokesman-Review

Close-up on black and white "Bike Lane Ends" sign with bike logo.

Houston Mayor Kills Another Bike Lane

The mayor rejected a proposed bike lane in the Montrose district in keeping with his pledge to maintain car lanes.

July 8 - Houston Public Media

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.

Planning for Universal Design

Learn the tools for implementing Universal Design in planning regulations.

Associate/Senior Planner

Gallatin County Department of Planning & Community Development

Senior Planner

Heyer Gruel & Associates PA

Write for Planetizen