3516: [Part 2] The True Cost of Commuting by Mr. Money Mustache on Rethinking Commutes
Optimal Finance Daily - Financial Independence and Money Advice
Optimal Living Daily LLC
4.5 • 1.3K Ratings
🗓️ 6 April 2026
⏱️ 9 minutes
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| 0:00.0 | There's no one like you, and there never will be. |
| 0:03.0 | From the producer of Bohemian Rhapsody. |
| 0:06.4 | There are many legends, but there was only one. |
| 0:12.0 | Michael, in IMAX and Cinema's Wednesday, April 22. |
| 0:15.6 | This is Optimal Finance Daily, the true cost of commuting, part two by Mr. Money Mustash of Mr. Money Mustash.com. |
| 0:26.0 | Despite the availability of options, the idea of living close to work still seems to be |
| 0:31.6 | completely alien to most people I've met. While I would personally consider it far more important than even the |
| 0:38.7 | salary or the work performed, most people put commute distance below house price, perceived |
| 0:44.9 | school quality, and neighborhood preference. With such a low threshold placed on |
| 0:50.2 | commuting, most people don't even put a reasonable effort into creating a nice local lifestyle |
| 0:56.2 | for themselves. As you saw with the couple in my example, they were willing to go from their |
| 1:01.8 | existing super easy commute to an insane asylum 80-minute round trip just because they like the scenic |
| 1:10.1 | and neighborly vibe of my neighborhood. |
| 1:13.0 | Schools are often used as an excuse as well, but until you've reviewed every close-to-work |
| 1:18.6 | school personally and interviewed the principal, you might be making quite a bad trade-off |
| 1:23.7 | for your kids. What's better? Higher standardized test scores and more rich kids? Or real |
| 1:30.3 | world diversity and an extra two hours to spend with mom and dad every day reading books? |
| 1:35.8 | And how about an extra 300 grand or so towards the college fund that you didn't burn up in cars |
| 1:41.8 | and gas during her school career. |
| 1:49.2 | To put things back on par, let's whip up a couple of quick commuting equations. |
| 1:55.6 | Let's assume the average person's marginal driving cost is halfway between the ultra-mastassian driver figure of 17 cents per mile and Uncle Sam's generous 51 cent allowance, so 34 cents. |
| 2:04.9 | Let's also assume the value of a person's time is $25 per hour, since this is close to a median |
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