Basically, the idea is that for every mile you live closer to work, you can afford another $15,900 worth of house.
It's also interesting when you throw in cycling to work; I used to argue with a friend about going to the gym (which I'm not fond of). I told him I could bike to work (20 minutes) and bike home (20 minutes) for a total of a 40 minute workout during my commute and save myself the extra hour (maybe more) it would cost going to the gym everyday.
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There's actually a good article on this: http://www.mrmoneymustache.com/2011/10/06/the-true-cost-of-c...
Basically, the idea is that for every mile you live closer to work, you can afford another $15,900 worth of house.
It's also interesting when you throw in cycling to work; I used to argue with a friend about going to the gym (which I'm not fond of). I told him I could bike to work (20 minutes) and bike home (20 minutes) for a total of a 40 minute workout during my commute and save myself the extra hour (maybe more) it would cost going to the gym everyday.
Workout at a gym is not really comparable to a bike ride.
Workout at a gym is not really comparable to a bike ride.
You're right; I get a better workout biking home against the wind than I do on the step mill!