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Traffic Jams to Cost NYC More Than $90B by 2026

Average commuter pays more than $1,400 annually due to traffic.

by on Sep.28, 2017

Traffic jams cost hundreds of billions of dollars annually and that figure is only rising, according to a new study.

Not only do traffic jams cause tension, anger and even road rage, they also cost money — billions of dollars annually, according to a new study.

Earlier this year, Inrix calculated that congestion costs U.S. drivers an average of $1,400 per driver each year. That was using 2016 statistics and much of the costs came from time and fuel, but also the increased cost they pay for goods.

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For those of you living or who are frequent visitors to Los Angeles, New York, Washington, Atlanta and Dallas, it will come as no surprise that those sprawling metropolises face the highest costs from such bottlenecks, according Seattle-based traffic data firm Inrix. (more…)