Sunday, June 30, 2013

A quick note on Citi-Bike

Came across this while doing background for an upcoming post.

From Wikipedia:
Yearly passes (US$95.00) are sold through the Citi Bike website. Purchasers receive an electronic key and can make trips of up to 45 minutes without added charge.
Daily (US$9.95) and weekly (US$25.00) passes are sold at Citi Bike docking stations. Trips using these passes are limited to 30 minutes before extra fees kick in.[3] 
All payments are by credit card. Citi Bike does not accept Wageworks or Transitchek prepaid commuter cards.
In case you're wondering, Walmart offers eight different adult bikes for under US$95.00, all of which allow you to make trips of over 45 minutes without added charge. You can get quite a few at Target as well.


  1. Storage and theft seem to be the major concerns that urban bike riders have. It seems odd in more diffuse cities, but in NY, Montreal, and DC it was a real issue.

  2. Storage is a commodity in NYC. You must store that bicycle somewhere, and it will likely cost you. Not sure what my co-op charges, but they are never free. (First law of buildings in NYC - if money can be made - money is being made.)

  3. I'll be circling around to this question soon, but the bigger point I'm interested in here is the way we look prices of substitute goods and, implicitly though more importantly, what different groups consider substitute goods.

  4. I was going to say that comparing to the cost of a bike missing the point, since these aren't substitutes -- but I guess that's what Mark is getting at with "different groups". I'll look forward to more on this!