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Seattle/Bellevue Bicyclists: Wearing a Helmet Pays
In a cost/benefit study called "Neutrotrama and Critical Care of the Brain", researchers Jack Jallo and Christopher M. Loftus have found that brain trauma from accidents cost a lot, and helmets can go along way to minimize these costs.
For instance, in the US, head trauma and related brain injuries have $2.8 billion in injury costs, $400 million in medical costs, and $800 million in work lost costs per year. These costs affects all of society, but can have quite an impact on the normal person.
In the study, the researchers found that over the lifespan of a $18 helmet, $32 of medical spending, $79 in work loss costs, and $150 worth of quality of life are saved. You can check out the whole study here.
According to these numbers, spending $18 on a helmet will end up saving you $243. That's a pretty good return on investment.