Stimulate The Local Economy and Your Wallet By Getting Rid of Your Car Stimulate The Local Economy and Your Wallet By Getting Rid of Your Car
Social Innovation

Stimulate The Local Economy and Your Wallet By Getting Rid of Your Car

by Ben Jervey

March 12, 2011

Here's a fascinating graphic from the National Building Museum's Intelligent Cities project (click on the image or here to enlarge it). The big numbers are impressive: a city can keep over $127 million in the local economy by reducing car ownership by just 15,000 cars. But I find this part particularly fascinating:

Though this does assume that you don't have insurance through a local business (which is increasingly rare, to be sure) and that you didn't buy the vehicle from someone in town, the numbers are still impressive.

That's a heck of a lot of cash. Just how much is that "convenience" really worth? Carbon emissions aside, going car free in cities just makes a heck of a lot of fiscal sense.
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Stimulate The Local Economy and Your Wallet By Getting Rid of Your Car