It's part of the reason I haven't bought a car. I'm in my mid 20s and didn't get my license in high school because insurance would have been too expensive (my parents wanted me to pay for it). I think driving is a good life skill so I got my license in my early 20s, but I still have zero desire to own a car. That said, I live in Seattle, where there is good public transportation. Here are my numbers: Parking (I work…
Parking: For me the bus is around 10 minutes slower each way. I just take that most days.
Home parking: Free on-street parking
Gas: $40/month * 12 = $480
Registration: $200 (May be a bit higher now with ST3)
Insurance: $700
Maintenance: $1000 sounds about right
For around $2380 / year. Well worth it for the freedom it gives me imo.