Chicago ranked fifth out of 20 cities where getting rid of a car could yield the most savings.
The study concludes that a Chicago commuter who took public transportation instead of driving saved $1,000 last month and could save up to $12,000 a year if they kept up that habit.
The American Public Transportation Association calculated the savings by comparing the cost of public transportation with the cost of owning, driving and parking a vehicle.
The report also took into consideration the increase in gas prices.