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Depends on your necessities. Public transportation is fine when you only have to move within the city (provided the city you live in has a good PT network) and you only need to travel during the normal service times. Moreover, in case you need to commute, the schedules might arranged in such a way you might take the better part of a day to do something which would have taken you half an hour. And if you're not, like me, working 9 to 5 but have to adjust your own schedules to fit the job, it might be next to impossible.
And I'm not even mentioning buying supplies and having to carry them on the bus...
It's even better to work within a 20 minutes walk from your home, which I did over the past 10 years, not counting the last two - of course your lifestyle is mostly defined by the opportunities you have and your environment. For such a city rat as myself, having a car only makes sense about twice a year - for the need you mentioned in the last sentence.