7/22/2003
Transportation Costs and the American Dream
Why a Lack of Transportation Choices Strains the Family Budget and Hinders Home Ownership
Transportation
is the second largest annual expense for American families, adding up to more
than three times the cost of health care, and exceeded only by housing as an
expenditure. For lower-income families, the expense of transportation poses an
even greater burden, inhibiting wealth creation, hindering home ownership, and
dangerously straining already tight family budgets. This new report from the
Surface Transportation Policy Project outlines this issue and ranks 28 major
metropolitan areas by the amount of the family budget devoted to daily
transportation costs.
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The Surface Transportation Policy Project is a nationwide network of more than 800
organizations, including planners, community development organizations, and advocacy groups,
devoted to improving the nation’s transportation system.
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