COST EFFECTIVENESS OF PARK-AND-RIDE LOTS IN THE PUGET SOUND REGION. FINAL REPORT

A cost-effectiveness evaluation and a cost-benefit analysis was performed on a park-and-ride system consisting of 26 park-and-ride lots in the Seattle metropolitan area. Costs and benefits of the system were examined with respect to the user, the community at large, and the public agencies responsible for providing for the community's transportation needs. Using survey and other data as input, a model was developed to calculate the total incurred trip costs of both the park-and-ride trip and the corresponding trip not involving the park-and-ride lot. General results indicated that the park-and-ride system in the Seattle area is cost effective.