My last big truck got 12mpg on the highway, and I was able to more than triple that by driving my little econobox. With the length of my commute then, I could have bought a new economy car, including insurance, gas, taxes, license, etc, and still been ahead financially. Get a used car and really save the money.
And that was when gas spiked to $2.50! My current Dakota gets much better mileage, especially if driven the speed limit, but my biggest move was moving close to work. My mortgage payment is less than what gas would have cost me now in a big truck. The two extra hours a day of free time was nice bonus too.