A 20 Minute Work Commute Equals A Huge Pay Cut
The Daily Wire recently did a study and found that, if you have a 20-minute commute to work, then you are taking a massive pay cut.
According to a new study, every 20 minutes of your commute is like a 19% pay cut. I have about a 20-minute commute from my house to work. Luckily, I barely hit any type of traffic on the way here. Sometimes, the I-10 bridge will be backed up, but that is very rare. I would imagine my commute is less expensive than commutes that consist of a lot of stop-and-go.
However, when it comes to my commute, it's a personal choice, so I'm good with the possibility of a 19% pay cut. I would rather live in a small town and leave all the crime and drama that comes with a bigger city behind. In fact, the wife and I are contemplating moving further into the country.
So if you make $50,000-a-year, a 20-minute commute makes it feel like a $40,500 a year job. And a 40-minute commute makes it feel like you're in the low $30,000s.
The average American now spends about 49 minutes a day driving to and from work.