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By Ryan (registered) | Posted May 22, 2020 at 13:20:00
The annual operating cost per HSR bus is $374K, and each bus carries an average of 81K passenger trips a year. That works out to a cost per passenger trip of $4.61.
By comparison, the entire operating cost of Hamilton Bike Share is $600,000 - less than the cost of two buses - and it carried 350,000 passenger trips last year - more than four times as many trips as a bus - for an operating cost per passenger trip of $1.71.
That is to say, SoBi is actually a more cost-effective public transportation mode than transit. Public investment in Sobi makes perfect sense during a time when we're trying to re-open the economy carefully and transit capacity is sharply limited by distancing protocols.
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