A recent report entitled Cycling: Getting Australia Moving indicates that by improving their health, cyclists saved about $227.2 million Australian per year.
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Other economic benefits of cycling include a reduction in congestion which saves about $63.9 million AUD and $9.3 million saved by limiting greenhouse gas production and other “externalities.”
https://www.carectomy.com/australian-cyclists-save-millions-in-health-care/oldId.20090710203633530
Biking in Baltimore