Cycling annual cost.

Cycling cost calculator estimates true annual cycling cost including bike depreciation. 600 bike over 5 years = 120/year amortised + 80 accessories + 150 maintenance + 30 insurance = 380 annual cycling cost. Compare to 4-10k annual car running cost - massive savings if cycling replaces driving.

Example: 600 bike, 5-year lifespan. Amortised 120/year. Accessories (lights, lock, helmet) 80/year. Maintenance (servicing, parts, tyres) 150/year. Insurance 30/year. Total 380/year = 32/month. Lifetime (30 years cycling) = 11,400. Same period car ownership 150,000+ - cycling delivers massive lifetime savings.

Cycling cost categories: (1) Bike (200-3,000+ depending on type). (2) Accessories (lights 30, lock 30-100, helmet 30-150, panniers 40-200, clothing 100-500). (3) Maintenance (chain, tyres, brakes, services - 100-300/year). (4) Insurance (20-50/year for valuable bikes). (5) Storage (often free). E-bikes: higher purchase (1,500-4,000) but reduce sweat/effort - growing rapidly the market. Cycle-to-work scheme: salary sacrifice saves 30-40% on bike purchase.

Quick example

With bike purchase price of 600 and bike lifespan of 5 years (plus annual accessories cost of 80 and annual maintenance cost of 150), the result is 380.00. Change any figure and watch the output shift — it's often more useful to see the pattern than to memorise the formula.

Which inputs matter most

You enter Bike Purchase Price, Bike Lifespan (years), Annual Accessories Cost, Annual Maintenance Cost, and Annual Insurance. Frequency and unit price pull the total in different directions. The biggest surprise for most people is how small recurring amounts compound into large annual figures — that's where this calculation earns its keep.

What's happening under the hood

Annual cost = bike amortised + accessories + maintenance + insurance. The formula is listed in full below. If the number looks off, you can retrace the calculation by hand — that's the point of showing the working.

When to actually change the habit

Most lifestyle spending delivers real value. The exceptions are the ones that stopped delivering months ago but got auto-renewed anyway, and the ones chosen out of defaults rather than preference. Run this, then audit for those two categories — that's where the easy wins live.

What this doesn't capture

The tool prices the money; it can't weigh the enjoyment. A coffee habit, gym membership, or streaming bundle might cost what the math says but deliver value that's harder to quantify. Use the number to make the trade-off visible — the decision is yours.