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🏠 Remote Work Savings Calculator

Adds up your commuting cost and the value of your commuting time to show what working from home saves you per year.

Annual savings
β€”
Per day β€” Commute cost / yr β€” Time value / yr β€” Hours saved / yr β€”

For time value, use your effective hourly wage (salary Γ· annual working hours) or what an hour is genuinely worth to you.

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GUIDE

Learn more

01

The True Cost of Commuting: Money Plus Time

Counting only fuel or fares captures half the story β€” this calculator sums round-trip commuting cost and the value of round-trip commuting time. Suppose you drive 10 miles each way at $0.35/mile in fuel and wear: daily cost is 10 Γ— 2 Γ— 0.35 = $7. Add a 40-minute one-way commute valued at $25/hour: (40 Γ— 2 Γ· 60) Γ— 25 β‰ˆ $33.30 per day β€” nearly five times the driving cost. At 5 days a week for 50 weeks, annual savings come to (7 + 33.30) Γ— 250 = about $10,075, and the recovered time alone is 333 hours a year β€” roughly eight and a half working weeks. The longer your commute, the more the value of remote work comes from time, not fuel β€” this tool makes that visible in numbers.
02

Input Tips for an Honest Estimate

For driving, include more than fuel in your per-mile cost: tires, oil changes, and mileage-linked depreciation are real. Fuel alone at 25 MPG and $3.50/gallon is about $0.14/mile, but the IRS 2026 standard rate of 72.5Β’/mile suggests total driving cost is far higher β€” somewhere between the two is realistic depending on your car. For transit, enter the actual daily round-trip fare including transfers. Time value is the debatable input: the common choice is salary Γ· 2,080 hours (40 hours Γ— 52 weeks); the conservative choice is 0, which reduces the tool to pure commuting-cost savings. If you genuinely use commute time well (podcasts, reading on the train), a middle ground is discounting your hourly rate by 30–50%. For hybrid schedules, set "commute days per week" to the number of days you now stay home β€” the result is your partial savings.

Frequently asked questions

What should I use for the value of my time?
The most common choice is your effective hourly wage: annual salary divided by roughly 2,080 working hours. For a conservative estimate, set it to 0 and look at pure commuting-cost savings; if you use commute time productively, a discounted rate (50–70% of your wage) is a fair middle ground.
Does this account for costs that increase when working from home?
No β€” heating, cooling, electricity, and self-catered lunches can rise. This tool computes commute-side savings only; estimate added home costs separately and subtract them. The Gas vs Electric Heating Calculator can help with the heating share.
Can I calculate a hybrid schedule (2–3 office days a week)?
Yes. Set "commute days per week" to the number of days you now work from home instead of commuting (e.g. 3 if you went from 5 office days to 2), and the annual figure reflects that partial saving.