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$758M Daily Economic Savings Due to Remote Work

According to Upwork, savings in commute time implies 890 million fewer miles traveled each day.  Vehicle Cost (average operating cost for fuel, maintenance, and repairs of 20.54 cents per mile = $183M per day in direct commuting costs) + Life/Property/Environmental Externality (estimate cost per mile of 18.38 cents per mile=$164 million per day) + Time Savings (less time spent driving at $12.50 per hour= $411 million every day).

Upwork surveyed 1,000 people currently working from home to see how much time they are saving without a commute. Of this group, 31.4% are working from home due to COVID and 15% were working from home prior to COVID.

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