Are bike shares cost effective?

A cost analysis of bike and ride share, bike and car ownership in two of America's largest cities

A woman checking out a bike share bike
(Image credit: Getty Images)

As people around the globe continue to grapple with inflation and a higher cost of living, many are looking at ways to save some money and cut down on everyday expenses. One of these cost-saving measures is leaving the car at home and using a bike to get around town. With bike share programs now available in most of America’ bigger cities, one doesn’t even have to own a bike. 

Bike sharing is a shared transportation option where bicycles are readily available for individual use and generally, for short trips. There’s a reason these bike sharing programs are popular: there are fewer cars on the road, they cut down on greenhouse gas emissions and improve the public’s general health. 

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Hector Cervantes

Hector Cervantes has spent many years in the communications field as a writer and editor and obtained his M.A. in journalism and B.A. in communication studies from DePaul University. Hector is currently an internal communications coordinator at Northwestern University where he writes stories about the students and faculty. In his free time Hector likes to run and bike along the Lakefront Trail of Chicago.