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J.H. Crawford

Housing and Transportation Affordability

Housing and Transportation Affordability Index

Economic value of walkability

Consumer Cost Savings 
Walkability affects consumer transport costs. Improved walkability allows consumers to save on vehicle expenses (“Affordability,” VTPI 2008). For example, one study found that households in automobile-dependent communities devote 50% more to transportation (more than $8,500 annually) than households in communities with more accessible land use and more multi-modal transportation systems (less than $5,500
annually) (McCann 2000).

Read more...
http://www.vtpi.org/walkability.pdf

2003 - National Business Coalition for Rapid Transit

The tremendous growth in traffic congestion means extra costs for business – higher wages and benefits to recruit workers, shorter workdays, increased absenteeism, and greater employee turnover and transportation assistance. Business is recognizing that travel mobility is a key quality of life issue for its labor force. Transit provides another economic boost to business by removing autos from the highway system, thereby maintaining roadway capacity for the shipment of goods and material. link to pdf