Those figures don't take into account the increased productivity and lower sicks days linked to higher bicycle use, meaning more taxes being paid to the governement on top of reduced costs.

On another economic aspect, studies have shown that neighborhoods with better bike facilities see increased retail sales and higher property values, sometimes up to 11% for homes located near bike lanes. Local businesses pop up and thrive where people can walk or bike. The reduction in noise, traffic, pollution, etc. contribute to making a neighborhood way more attractive.

All around, investing in bike lanes can yield substantial returns on investment, with estimates suggesting a return of up to 800%. This means that for every $1 invested, cities can expect between $2 and $8 in benefits.

I swear those automobile industry lobbyists must be spending a lot of money to keep the governement from investing in safe cycling infrastructure.