Gas as a % of income

[Gone4]

I am proudly under 1% There is a bit of cheating because I didn't figure my MBTA pass for the T and buses of Boston, though. But that's not really gas either. Bicycling, walking, and public transportation have all but obsoleted car rides since I don't go to school in the middle of nowhere anymore.

[Peakster]

So far this year, purely gasoline usage consisted of 10.15% of my total expenditures... Oh wait. Sorry. You mean percentage of my income? Well I don't really know what my yearly income is quite yet .

Originally Posted by MetroMPG

I put $119 worth of gas in my car in 2007. $75 this year so far. (Sheesh. No wonder the rotors rust up.)

Are you serious?! That is so freaking miniscule. I wonder if you spend more to fuel the lawn mower than your car?

Who's the other sub 1% person? Either you drive little, or you're making some decent coin!

Yeah, I guess the poll question could work both ways. $5.30/gallon gas probably doesn't matter much if someone makes a six-figure income.

[tasdrouille]

I put roughly 250 per month to fill our 2 cars. FE is going up, but so are the gas prices...$5.71/gal here...

[i_am_socket]

At current gas prices, average yearly income (before tax), and FE: Gas is a minimum of 2.134% of my income per year if I only drive to work and back. It's probably about 3%, but I don't track actual spending so I can only calculate and guestimate.

Back in High School and College, a gallon of gas was 10-15% of my hourly rate; but then it was cheaper I got paid dirt as well. Luckily an hour and a half of OT a week will fill my tank these days. Still, I do miss $0.87/gal gas...

[boxchain]

Just to clarify, I'm not talking about hourly rate, I'm talking about how much you spend on gas per week/month/year and how much you make in the same time period. (I used month since I don't get gas every week)

Public transport, biking, etc, isn't cheating, unless we're talking about cheating the oil cartel! Maybe figure in your 'transportation' costs, but I'm what really curious about car commuters.

[IndyIan]

That would change my percentage quite a bit!

I was reading somewhere that even buying economy cars new and trading every 4 years costs about $7k/year including everything, insurance, gas, depreciation, maintenance, registration, etc..
Kinda scary eh! We don't have new cars and therefore no car payments but just insurance and gas is about $5000 a year for two cars doing about 45000km/year combined. I guess its the cost of living in the country...

[tasdrouille]

I went with gas as a % of my available income. With the taxes we have here, the highest in NA, that changes the figure quite a lot.

[NoCO2]

I'm at 8.3% of my annual income...granted...I only use between $60 - $120 per month for gas.

[COMP]

Originally Posted by NoCO2

I'm at 8.3% of my annual income...granted...I only use between $60 - $120 per month for gas.

thats a week

[meemooer]

actually i should add another 10 bucks per week for oil, i go through 5 qts a week..... i figure 1 qt every 100 miles.... yea i need a new engine.. vehicle... job.... life..... credit score