- 鈥楥ost of a London听颁辞尘尘耻迟别鈥�听study reveals that those听journeying听into the capital spend nearly two and a half听unpaid听hours per day travelling door-to-door听听
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- Over the course of a year, this equates to 23.5 full 24-hour days of a commuter鈥檚 life听and听an average of听拢10,020 worth of unpaid time听
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- The average saving in travel costs for London commuters that would be made by working from home is 拢5,114 per year or 18% of the average London net post-tax salary听
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- Parents that commute must听part with an听additional 拢2,873 per year to cover wraparound childcare,听which equates听to 10% of the average London net salary post-tax听听
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A听study听conducted by location agnostic technology PR agency听Tyto听has revealed that working from home saves听London听commuters听an average of听23.5 days per year in travel time听or the equivalent of听拢10,020听in听unpaid time.听This also saves them an average of听拢5,114听in travel costs听(i.e.听18% of the average annual London net post-tax salary).听听
The听study听analyses the time and financial costs London-bound commuters听must bear each year听due to听their听travel听into and out of the city.听Anchored around the cost of a commute into London King鈥檚 Cross (one of the capital鈥檚 busiest听central听terminals), the comprehensive analysis听breaks down the time and financial burden of travelling from听key听commuter belt locations听in southern England听into central London听on a daily and annualised basis.听听
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Commenting on the findings, Brendon Craigie, Founder and Managing Partner at听Tyto听said:听鈥淭he costs of the commute are both tangible and invisible. The economic costs include听not only听earnings听lost to the cost of the commute, but also the mental cost of unpaid hours spent听travelling to the office.听Work听from听home measures enacted as a result of听the听coronavirus听pandemic have revealed that perhaps these costs can be avoided by implementing remote working.鈥�听听
Financially, commuters鈥� salaries 鈥� which are typically higher in London than the rest of the UK 鈥�听take a significant hit听due to train fares.听Per year, the average cost of a commute into London comes听to听拢5,114 (i.e. 18% of the average annual London net salary post-tax).听听
For parents requiring childcare, the picture is even听bleaker, with the average cost of听wraparound听childcare听requir
Of the key commuter towns, Oxford, Worthing and Tunbridge Wells were the top three most expensive,听costing听commuters a staggering 拢5,969 per year听to travel into London from these locations. That鈥檚听14% higher than the average听commuting cost听from other听London听commuter belt locations.听听
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Craigie continues:听鈥淭丑辞耻驳丑听this study听considers听the time听cost听and financial expenditure听of commuting, in truth, the impact of a draining daily commute听takes听more than just听a financial toll.听It means you miss out on experiences with your family听and听friends and can also be of real detriment to your physical and mental wellbeing.听
鈥淔辞谤迟耻苍补迟别濒测,听I think we鈥檙e now looking at听the beginning of the end of the commute听for many听as employers听begin to听realise that there is little to be gained by commuting into a central London听office听location every day simply to perform听a job that can likely be performed just as effectively remotely.鈥�听
