Comment Re:Kind of.. (Score 1) 481
"Except you forgot to pay gas, maintenance and insurance on those 40 miles."
And depreciation, say $15k over 150k miles is another $0.10 per mile (I'm not from the US, not sure of typical car prices and lifetime mileages. YMMV)
Car owners typically don't count depreciation "because they have the car anyway". However, once infrastructure (or choice to live and work close to mass transit) is available, you can choose not to own a car and rent one for the few occasions you need one.
Apart from those costs, your own time may also have value. IMO, time spent driving is a waste and costs me EUR 20/h in loss of life quality. Time in the train I use to read the newspaper or slashdot (or post comments, like now). The bike ride to the station is my primary form of exercise (no gym subscription).