|Congestion Speed Ratio|
(Peak vs. Free Flow Speeds)
|Increased Vehicle Operating Cost|
|Obesity and Heart Disease Risk||0.0125||-0.004|
|Retained Net Social Economic Value||0.58||-0.14|
The city of Copenhagen has produced a working paper for Economic evaluation of cycle projects to assess the social economic costs and benefits of cycling investment. The model evaluates metrics such as:
- Vehicle Operating Costs
- Time Costs
- Accident Costs
- Recreational Values
- Health Benefits
- Safety Costs
- Comfort Costs
The Region of Peel has a Long Range Transportation Plan – Update 2012 (LRTP) report. However, costs associated with congestion are presented inconsistently, whereas Copenhagen uses a model where cost/benefit is presented per
Calculations and Assumptions
Congestion Speed Ratio
The Congestion Speed Ratio is the ratio of peak-period travel speed to free flow travel speed. It represents value either gained or lost according to expectations of free-flow speed appropriate for the vehicle being considered.
Bicycle Average Peak-Time Travel Speed: 16km/h
The estimated Bicycle Average Speed during peak travel time is calculated from data accumulated from The Bikeport Cycle Survey.
Automobile Median Peak-Time Travel Speed: 16.6km/h
The method for estimating the Automobile Median Speed during peak travel time is detailed on the Commute Trip Measurements page.
Bicycle Free-Flow Travel Speed: 21km/h
Bicycle free-flow speed during peak travel time is an estimate of the 85th percentile of trips speeds from data accumulated in The Bikeport Cycle Survey.
Automobile Free-Flow Travel Speed: 28.9km/h
The estimated Automobile free-flow speed is a product of the Duration calculated on the Commute Trip Measurements page, reversing the effect of the Travel Time Index for the Region of Peel stated in the LRTP report.
- Ffs = (60 / Du) * Di
- Ffs = (60 / 33.4) * 9.2
- Ffs = (60 / (33.4 / 1.75)) * 9.2
- Ffs = (60 / 19.09) * 9.2
- Ffs = 3.14 * 9.2
- Ffs = 28.9 km/h
Bicycle Value: $1,000
The maximum value of a bicycle that will typically be covered for damage or loss under a home insurance policy: $1,000. This value is used when considering the Vehicle Cost of a bicycle.
Annual Bicycle Cost Calculations
Based on the CAA Driving Costs Calculator, the only criteria that
Average Annual Bicycle Mileage: 1,000km
Average annual bicycle mileage is from data accumulated from The BCS.
Automobile Cost and Mileage
Automobile cost and mileage is based on the CAA Car Cost of a Ford F150 pickup truck, the best-selling vehicle in Canada in 2017, with the assumed mileage of 20,000km per year.
Converting Annual Excess Cost of Congestion, Per Capita
Using annual Excess Vehicle Operating Costs from the LRTP as an example:
- per KM = $89 / 52 weeks
- per KM = $1.71 / 5 work days per week
- per KM = $0.34 / 18.4km per day
- per KM = $0.02
- per KM = $48 / 52 weeks
- per KM = $0.92 / 5 work days per week
- per KM = $0.18 / 18.4km per day
- per KM = $0.01
- per KM = $6 / 52 weeks
- per KM = $0.12 / 5 work days per week
- per KM = $0.02 / 18.4km per day
- per KM = $0.001
Working paper: Economic evaluation of cycle projects – methodology and unit prices
Last Accessed: Tuesday, December 19, 2017, 10:30pm
Peel Long Range Transportation Plan – Update 2012
Last Accessed: Tuesday, December 19, 2017, 3:00pm
The Bikeport Cycle Survey
Compact Car Driving Cost Per KM provided by Canadian Automobile Association
Last Accessed: Wednesday, December 20, 2017,
CAA’s NEW Driving Costs Calculator
Last Accessed: Friday, March 15, 2019, 12:17am
How To Calculate The Costs Of Driving Your Vehicle
Last Accessed: Thursday, March 14, 2019,