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With fuel costs rising exponentially, getting on a bike is not only the environmentally friendly way to travel, it could also help people save over £100 a month, too.

In fact, online searches for the term ‘cycle to work’ have increased by 185% in the last six months, while searches for the Cycle to Work Scheme itself are up by a staggering 233% over the same period (January – July 22)1.

Given soaring costs, it comes as no surprise that motorists are showing a keen interest in finding new and more cost-effective ways of getting to work, particularly now that so many of us are returning to offices for the first time in two years.  But how much could commuters actually save by cycling?

Driving vs Cycling costs: Commuters in the East of England could stand to see the biggest difference…

For those of us who would rather burn calories than cash, GoCompare has used its fuel cost meter to calculate how much the average commuter could save by switching from four wheels to two for their journeys to work.

According to a recent survey, the average commute distance for UK drivers is 23.6 miles per day, or 472 miles each month2. That means, by current fuel prices, Brits would save £106.69 on their monthly bills by cycling to work rather than getting behind the wheel. Not only that, but switching to cycling can also reduce your carbon output by 5kg per day – over 1,254kg per year!3

How do commutes compare across the UK?

London 20 £90.41
North East 21 £94.93
North West 21 £94.93
West Midlands 22 £99.45
Yorkshire & the Humber 22 £99.45
Wales 19 £85.89
Scotland 25 £113.01
South East 28 £126.58
South West 21 £94.93
East Midlands 25 £113.01
Northern Ireland 28 £126.58
East of England 31 £140.14
Total Average 23.6 miles £106.69

Use the GoCompare Fuel Cost Calculator to work out how much you could save for your own journey.  

I’ve switched to cycling – what now?

For those who think cycling is the way forward and are ready to get on the roads, it’s a good idea to make sure you have cover in place. The ONS revealed in its latest crime report that over 77,000 bikes were stolen in England and Wales in the last 12 months4 , while there’s also the risk of damage and repair costs to consider should any accidents happen.

If you have an existing home insurance policy, only 17% cover pedal cycles away from home as standard, so commuters will need to check their with their provider first to find out if they need additional cover. You’ll also need to specify whether your bike is worth over £1,000 if you want it to be included in your cover.5

If you’re using a bike on the Cycle to Work Scheme, it’s easy to assume that your employer will be responsible for insurance cover but that isn’t the case. If the bike is stolen or damaged, you will remain liable for the hire payments and potentially an ownership fee too, so it’s important to protect yourself early doors.  

Ceri McMillan, home insurance expert at GoCompare says: “For those looking to cut costs, cycling is a great place to start – but it doesn’t just impact your bank balance. Cycling has huge benefits for the environment, reducing your carbon footprint, and can also improve mental health, wellbeing and overall fitness.

“If you’re going to be cycling to work and locking your bike up, it’s really important to get it protected with the right insurance cover. As standard, home insurers will often only cover bicycles for accidental damage and theft if it happens inside the boundaries of your home, so always make sure to check your policy before you set out on the road. Alternatively, cyclists also have the option of taking out standalone cycle insurance, which can have more enhanced coverage than via a home insurance policy.”

1Google Trends data for the terms ‘cycle to work’ & ‘cycle to work scheme’ between January 1st – July 1st 2022.


3In the UK, average CO2 emissions per car are 138.4 grams per km (or 221.4 grams per mile), according to latest 2020 data from the Department for Transport.


517 out of 343 home contents policies according to Defaqto Matrix on 29th July 2022

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