by Bill Lucia, Route Fifty, January 24, 2020
A new study from researchers at the John F. Kennedy School of Government at Harvard estimates how much cars, trucks, and roads cost Massachusetts each year:
- The study estimates that the total estimated cost each year of the vehicle economy in Massachusetts is about $64 billion
- Massachusetts’ “vehicle economy” includes nearly 37,000 miles of roads, parking areas, and 4.5 million cars and light trucks
- For context, the state of Massachusetts in fiscal year 2019 was slated to spend about $59 billion, including federal funds and bond proceeds, to run the government and invest in infrastructure
Sustainable mobility initiatives could help defray some costs associated with transportation by getting cars off the road.
Read more: https://www.routefifty.com/finance/2020/01/cost-of-cars-roads-massachusetts-harvard-study/162654/
Stacey MeinzenCommunications Manager
Stacey Meinzen has nineteen years of experience as a communications and research professional.