January 18, 2018

Is It Cheaper to Fly Or Drive?

Blog: Flying vs. Driving from Syracuse to NYC   Let’s say you live in Syracuse and have to go to NYC for an overnight trip. You have two options flying or driving. A round trip plane ticket from Syracuse to NYC was $106.60. This price is from using JetBlue, which was the cheapest airline and buying coach seats with no stops. In the City you will need to buy a cab to JFK airport and the city. The cab rate plus tolls and a tip would run about $70 one-way or $140 round trip. This brings the total to $246.6. To figure out how much it costs to drive I used the going price of gas in Syracuse, which is $2.55. The road trip is 254.2 miles one way, and I used the average 2015 car model’s miles per gallon at 24.8. Dividing the 254.2 miles by 24.8 mpg to find the amount of gallons used which are 10.25. Taking the 10.25 gallons used and multiplying the price of gas, $2.55, to get a total cost of $26.14 one way. Double the one-way cost of $26.14 to get a round trip total of $52.28 to drive to NYC and back. Remember that prices for you could be different depending on your cars mpg and the price of gas in your area and the shifting of airline prices. This is just for the trip however, in NYC you will need to park your car overnight. Let’s say you need 24 hours of parking that would cost an additional $45 approximately. This brings the total to $97.28 It is $149.32 cheaper to drive then fly, but this assumes that your time is worth nothing. It takes 2 hours and 36 minutes round trip to fly, plus the hour early you have to […]
Give The Gift That Keeps On Growing

Give the gift of a Dollar Investment Club Membership this Holiday Season!