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St. Louis has sixth-highest transportation costs in the U.S.

The nation’s average spending on transportation is 16.8% of total household spending
Credit: Alexandra Gl - stock.adobe.com

ST. LOUIS — Due to COVID-19’s effect on gas prices and supply issues for automotive manufacturers, transportation costs have risen across the U.S.

That’s evident in the St. Louis metro area, which has the sixth-highest transportation costs in the country, at 17.2% of total annual household spending, according to a report from car buying service CoPilot. The nation’s average spending on transportation is 16.8% of total household spending. 

What’s more, St. Louis households spend $11,123 annually on transportation, also higher than the U.S. average of $10,507.

Generally, transportation spending was higher in the western and southern parts of the U.S.

Click here for the full story from the St. Louis Business Journal.

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