Cycling costs

I like to think of myself as being fairly green and environmentally friendly and since I live only 10 miles away from I work I cycle to work. 

I've already posted real data on how much it costs to run a car, or to be more precise, the costs based on a statistical sample of 1 car, motoring_costs.htm now lets see how much it costs to run a mountain bike.  I bought a new bike for commuting exactly 12 months ago and I've logged every journey made and every penny spent on it.  I therefore have very good data on how much it costs to run a bike.

 
The bike is a Giant Terrago hard tail mountain bike.  Why a mountain bike?  Firstly its 10 miles from home to where I work by road, but by going partly (about a third) cross country I can get that down to 9 miles.  Unfortunately, one of the cross country sections is Greenham Common and the surface is hard packed gravel.  There are lots of tiny little flints that absolutely eat tyres.  A road bike tyre would be shredded in minutes.  The only tyres that last any sort of time are reinforced semi-slicks and these only come in 26" size - hence a mountain bike as they have 26" wheels.

Cost per mile

Data is  presented on the basis of actual cost and depreciated cost.  The actual cost is simply the sum of everything I spent.  This is OK over a long time but if you were to spend £400 today on a bike, ride it back 1 mile from the bike shop, the cost would be £400/mile, i.e. it doesn't take into account the life of the component.  I therefore assigned a life to non-consumables and the depreciated cost is the fraction of the purchase cost based upon its current age.  If a component cost £300 and I assigned a life expectancy of 3 years then the depreciated cost would be £0 on day 1, £100 after 1 year, and £300 after three or more years.

So after 12 months, here are the data.

 
Actual cost £1502
Depreciated cost £731
miles 3114
cost per mile, actual basis 48.25 pence/mile
cost per mile depreciated basis 23.47 pence/mile
 

i.e. it cost me 23.47 p/mile to run a mountain bike over a 12 month period and covering 3114 miles.  If a meteorite was to hit the bike and destroy it, then the cost would increase to 48 p/mile.

I know this is not  a politically correct thing to say, but it can be cheaper to run a car (~20p/mile) than it is to run a mountain bike.  That's not based on any assumptions or anything, its based on my own actual data.

 

Cost breakdown

Here is a breakdown of the costs and the assigned life of components.

      depreciation  
date item cost (£) years cost (£)
05/04/2007 bike 470 3 157.10
09/04/2007 mud guard 13 0 13.00
09/04/2007 wedge 22 0 22.00
17/04/2007 2x inner tubes 8 0 8.00
17/04/2007 shoes 54 1 52.37
03/05/2007 2x inner tubes 9 0 9.00
14/07/2007 heart rate monitor 20 0 20.00
23/07/2007 GoreTex jacket 96 3 22.53
23/07/2007 GoreTex trousers 104 3 24.41
23/07/2007 overshoes 20 0 20.00
27/07/2007 chain lube 7 0 7.00
01/08/2007 wheel bearing 4 0 4.00
28/08/2007 mud guard 7 0 7.00
28/08/2007 2 pairs gloves 28 0 28.00
09/09/2007 Suspension seat post 112 1 64.13
10/09/2007 lights 35 0 35.00
26/09/2007 Scotchlite tape 7 0 7.00
06/10/2007 bottom bracket & cranks 99 1 49.36
11/10/2007 reflective light band 13 0 13.00
24/10/2007 chain 20 0 20.00
24/10/2007 rear cassette 35 0 35.00
01/11/2007 rear tyre 15 0 15.00
17/11/2007 cycling undershorts 15 0 15.00
28/11/2007 Freehub body 16 0 16.00
10/12/2007 Front mech 23 0 23.00
10/12/2007 Winter shoes 99 3 10.58
10/12/2007 SPD cleats 10 3 1.07
02/02/2008 tracksuit bottoms 17 0 17.00
01/03/2008 inner tube 4.5 0 4.50
29/03/2008 degreaser 10 0 10.00
29/03/2008 helmet 110 3 0.70

You might think that £110 for a helmet is excessive but I do like light weight and comfort.  This is in any case balanced by what's not in the list: tools, existing clothing, existing lubricants and service items.  Also, I had a really nice set of wheels from my old bike which I transferred to this bike, no cost appears for this (nor does a credit for the cheap and nasty wheels the bike came with).  You'll also see quite a few service items in there, chains, sprockets, bearings etc. take quite a hammering, I fully expect to have to buy another new set of chains and sprockets in the next month or so. 

The costs are further reduced as I do all my own maintenance.  This is a non-trivial task.  The chain needs stripping off the bike, degreasing and re-lubricating preferably every week but as a minimum every two weeks - mud, sand and oil make an excellent grinding paste.

 

Spend profile per month

spend profile chart

Mileage profile per month

Mileage profile chart

 

Non-commuting (e.g. going to the shops) miles per month

Note that the big jump in May 07 was when I raced this hardtail bike against my full suspension bike to see which was faster. See  hard tail or bouncer comparison page (click for link)

extra miles

 Cost versus miles

spend versus miles chart

 

 

 
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