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21st Century Operations Using 21st Century Technologies

Evaluation Methods and Techniques: Advanced Transportation and Congestion Management Technologies Deployment Program

Appendix C: Values for Benefit Cost Analysis1

Table 22. Value of Reduced Fatalities and Injuries.
KABCO Level Monetized Value
(2017 U.S. $ per incident)
K – Killed $9,600,000
A – Incapacitating $459,100
B – Non-Incapacitating $125,000
C – Possible Injury $63,900
O – No Injury $3,200
U – Injured (Severity Unknown) $174,000
Unknown if Injured (only accident count reported) $132,200
Property Damage only (per vehicle) $4,300

Table 23. Value of Travel Time Savings.
Category Purpose Hourly Value
(2017 U.S. $ per person-hour)
In-Vehicle Travel Personal $14.80
In-Vehicle Travel Business2 $26.50
In-Vehicle Travel All-Purpose3 $16.10
Out-of-Vehicle time Walk access, waiting, and transfer time $28.40
Commercial Vehicle Operators Truck Drivers $28.60
Commercial Vehicle Operators Bus Drivers $30.00
Commercial Vehicle Operators Transit Rail Operators $48.90
Commercial Vehicle Operators Locomotive Engineers $44.90

Table 24. Vehicle Operating Costs.
Vehicle Type Value per Mile
(2017 U.S. $ per mile)
Light Duty Vehicles $0.39
Commercial Trucks $0.90

Table 25. Damage Costs for Pollutant Emissions.
Emission Type Value per Short Ton
(2017 U.S. $ per short ton)
Volatile Organic Compounds (VOCs) $2,000
Nitrogen Oxides (NOx) $8,300
Particulate Matter (PM2.5) $377,800
Sulfur Dioxide (SO2) $48,900

Table 26. Social Cost of Carbon.
Year Value per Metric Ton (2017 U.S. $ per metric ton)
2017 $1
2020 $1
2025 $1
2030 $1
2035 $2
2040 $2
2045 $2
2050 $2

1 The values shown in Table 22 through Table 26 are taken from the Office of the Secretary, U.S. Department of Transportation. (2018). Benefit-Cost Analysis Guidance for Discretionary Grant Programs. Obtained from: https://www.transportation.gov/BUILDgrants/additional-guidance [ Return to Note 1 ]

2 This does not include commuting, which is valued as personal travel. [ Return to Note 2 ]

3 Based on typical local surface travel distributions (88.2% personal, 11.8% business). A local distribution may be used where available. [ Return to Note 3 ]

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