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How much do you spend on your bike(s)?

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View Poll Results: How much do you send on bike commuting per year?
< $1K USD (507 Great British Pounds)
92
68.66%
$1K - $2K (507 - 1014 GBP)
32
23.88%
$2K - $3K (1014 - 1521 GBP)
6
4.48%
$3K - $4K (1521 - 2028 GBP)
2
1.49%
$4K - $5K (2028 - 2535 GBP)
0
0%
> $5K (2535 GBP)
2
1.49%
Voters: 134. You may not vote on this poll

How much do you spend on your bike(s)?

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Old 01-24-07, 06:35 AM
  #1  
JohnBrooking
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How much do you spend on your bike(s)?

The Living Car Free forum recently had a thread discussing an MSN article that talks about how much people spend on their cars. The average over all income levels was $8K! At that level, someone making $30K a year will have to work for more than 3 months just to gross the money their car will require.

I was surprised that I spent over $1K on bike stuff last year, although that was higher than normal because I bought a few new ones (second-hand). Even at a salary of $30K I would have earned that in two weeks! (Formula: D = S/A * 365, where S = your annual spending, A = your annual salary, D = # of days to earn it.)

So I'm wondering how much we on this forum generally spend on our bike transportation per year. If last year was higher than normal, you can indicate a normal year if you want. I'm mainly interested in transportation costs, so if you do more than just commuting, you can leave out that $5K racing bike that you never commute on, if you want. But do include all accessories or clothing you need for your commute.
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Old 01-24-07, 07:03 AM
  #2  
eubi
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in 2006, about $605, and that includes buying a new folding bike to use as my new commuter.

My stuff just seems to last a long time, and I don't go for a lot of extras.

Gas savings? About $1,700!

This was a good post, JB. Until I totalled everything up, I really had no idea of how much bike commuting cost me...but I DO know how much it costs to drive a car!
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Old 01-24-07, 07:04 AM
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vtjim
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Not much. I said less than $1k. Not counting the actual price I paid for my bike, which was "more than $1k." Should I have counted that?

Chain lube. Occasional tires. The tune-ups here and there. I spend more money on beer every year. A lot more.
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Old 01-24-07, 07:04 AM
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Bklyn
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When I began, I figured I had about $60 a month to play with (what the subway would have cost). Also, I gave up a $78 a month gym membership at the same time. But I wasn't about to spend $130 a month! But I've definitely spent money as needed and without hesitation . . . new shoes (two pairs) . . . tires whenever . . . new tights on sale . . . those Nashbar/Performance 15% deals really help things add up.
I put between $1k and $2k, but now I'm thinking I way understimated. Anyway, I don't really want to know. I'm spending less than $1600 . . . aren't I? Oh, sh*t....
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Old 01-24-07, 07:23 AM
  #5  
ax0n
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Once I got my bikes and gear, I probably average about $25 a month on tools, gadgets and maintenance supplies (degreaser, lube, etc). If you count my bikes that I bought in '06 and everything associated with them, less than $500 total.
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Old 01-24-07, 07:31 AM
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i don't think i spent that much. pretty sure it's less than 1K
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Old 01-24-07, 07:37 AM
  #7  
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I'm just starting to prep for commuting (waiting till I change jobs next month) so I don't have a figure yet, it's really good to see all of your estimates though...gives me something to think about. Also I'm signed up for a bike maintenance class so I can do all the little things myself, that should save me a chunk of change.
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Old 01-24-07, 07:39 AM
  #8  
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I felt like I bought a lot of stuff this year, but it didn't add up to 1,000 dollars.
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Old 01-24-07, 07:44 AM
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I spent about $140, not counting perhaps $75 worth of bike stuff for Christmas. I saved just shy of 100 gallons of gas, so I came out well ahead.

Bought my new bike in 2005, so that wasn't included. Spent $670 then, but still kept it under a grand. I've never ventured into expensive bikes, so I can't relate well to the $2K or more club.

But the money isn't the issue. This was my singlemost cardiovascular excersize for the year and it worked great. My resting heart rate is low, as is my blood pressure, my weight, and my colesteral. My endomorphins are up!
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Old 01-24-07, 07:47 AM
  #10  
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This year, new rigid fork, new flat bar, singlespeed kit, new brake leavers = $100. Did buy some new booties and tights that cost another $100, although one of the reasons I bought them was for outdoor training, so I'll subtract $50 from the commuting total.

Therefore, $150. If I needed to drive I'd have to buy a second car (wifey and the kids currently use our only one), add insurance, gas, parking expense and I'd be over $5000 a year.
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Old 01-24-07, 07:51 AM
  #11  
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Last year I spent $298 to build my commuter. After the build I had to buy an extra front light $13 and two new tyres $55. Oh and rim tape $6.
$372 all up. I'm a very happy chappy.

edit, hold on a sec...I built the bike in 2005. Only spent $74.

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Old 01-24-07, 08:03 AM
  #12  
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Never really added up, but basically 1 set of panniers for $100, a rack for $30, 3 tires @ $13 each, if I remember correctly 4 tubes at an average of $5 each, a couple jerseys at about $60 each and a blinkie at $35. Total would be about $370 after taxes.
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Old 01-24-07, 08:14 AM
  #13  
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Commuting bikes for me have been very cheap. Now don't ask me about my mountain bike or Witcomb...
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Old 01-24-07, 08:15 AM
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Convert this to U.S. dollars & I'll tell you.
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Old 01-24-07, 08:46 AM
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JohnBrooking
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Originally Posted by N_C
Convert this to U.S. dollars & I'll tell you.
Huh? It is. (USD = U.S. dollars)
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Old 01-24-07, 08:57 AM
  #16  
Two Buck Chuck
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This year my commuting expenses were higher in order to prepare for night and winter riding:

Dinotte Headlight: $169
Cateye Taillight: $40
B&M Taillights: $50
Tune-ups: $90
New tube: $5
Wind tights: $60
Toe covers: $15

Total: $430+

It is all money well spent!

I turn down a tax-free $75 a month (up to $110 is available if needed) transit subsidy that would cover my entire commute by Metro (subway). Driving to work would cost close to $3000 in parking alone ($13 a day)! Besides, bike commuting only takes about five minutes longer than Metro and I pass hundreds of cars sitting in traffic on the GW Parkway and 14th Street Bridge.
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Old 01-24-07, 09:09 AM
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The bike shop replaced my twist grip shifter, unmounted and mounted my winter studded tires, and did a tune up. Probably about $200 total. Savings, mostly in parking costs avoided, were about $2,000.

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Old 01-24-07, 09:13 AM
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Originally Posted by JohnBrooking
Huh? It is. (USD = U.S. dollars)
Oh, sorry, but what does the k mean? $100?
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Old 01-24-07, 09:27 AM
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Hmmmm.
Shoes - $85
helmet - $150
light jacket - $40
Superflash - $14
a tire - $12
balaclava - $10
17T freewheel - $10
chain - $24
Cateye blinkie - $25

I guess that's it. I thought it was more, but I guess I had some major purchases in 2004 and 2005. For 2007, there's a new IRO Rob Roy in my future, but I'll sell one of my old road bikes to offset that.
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Old 01-24-07, 09:36 AM
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My wife claims I spend $450 per month but my receipts are closer to $170. Purchases of a couple wheelsets, saddles, and winter road shoes have bloated the totals.
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Old 01-24-07, 09:41 AM
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Bell Citi - $40
PB Superflash - $23
Schwalbe MP's - $100
L&M Solo - $120
PB Freddy HC's - $30
Stairtread (mudflap) - $2
Minipump - $25
Toolkit - $20
Shoes/cleats/socks - $60
Brake pads - $20

Just about $450 in materials. I'd guess about another $100 in service at the LBS (wheel truing, etc.) I could include my sewing machine and fabric (used to repair my rain gear and backpack) and still come in under $1K.
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Old 01-24-07, 09:41 AM
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Originally Posted by N_C
Oh, sorry, but what does the k mean? $100?
thousand. I guess it's from Kilo

for instance, $1k = $1000
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Old 01-24-07, 09:50 AM
  #23  
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I'm not exactly sure how to answer this one...

I've purchased four bikes (used) in the last six months, any of which could be sold for what I paid for them. Anything above the first one should really be considered entertainment and not commuting expense.

- HID headlight
- clothes
- tools
- pump(s)
- pedals
- misc

total to date may be approaching $4000


Expenses for the coming year include:
- buy one bike (fixed gear)
- consider building a surly big dummy
- sell at least two bikes (part out one MTB, sell one flatbar hybrid, sell one cyclocross, possibly sell road bike)
- work stand
- summer wool jerseys/shirts
- rack(s)
- rack bag
- fenders for one bike

Yea, I've spent a bunch of money, and don't feel bad about it. I enjoy riding, and spending money has allowed me to learn about different types of bikes and get more enjoyment out of my riding. That said, I want to get past the experimentation phase quickly, having decided on what I like and just ride...
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Old 01-24-07, 11:19 AM
  #24  
newbojeff
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I was thinking about this this morning. I bought a $1500 bike last year and am spending another $800 to $900 to rebuild my old bike (I'm in awe of all those who put bikes together for < $200). I put $1K to $2K though as a guess for other gear, but I've already decided to put a new category in Quicken this year to track my cycling related purchases. Let you know in December.
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Old 01-24-07, 11:23 AM
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Originally Posted by N_C
Oh, sorry, but what does the k mean? $100?

....
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