I think you're framing the issue too narrowly (is this commute feasible) given all the variables.
I too live in NE Ohio (feel free to PM me, OP) and I think it would be insane to bike 22 miles to work for the following reasons:
(1) Too much time;
(2) Weather is bad/very unpredictable;
(3) Commute would be dangerous;
(4) Savings aren't worth it in your case.
I don't have to lecture you about the weather. My twin brother is a pretty cautious driver but he slid off the road (no serious damage) three times last winter--two of them caused by other people pulling out in front of him. If you are going to bike during winter, people aren't going to expect that (given that most of NE Ohio is suburban), will have to unexpectedly brake, and then put you and other drivers in danger. I flat out don't think it's safe in the winter or in bad conditions.
But I think the bigger issue here is that you're too caught up in the money part of saving. I've
brought this up before on this forum, but I think you're really losing sight that
time can be just as important, if not more important, than money. I'd highly recommend you read "
Your Money or Your Life so you can see what I'm getting at. The theme of the book is that the more time you spend towards working--getting ready for work, commuting to work, actually working, commuting home from work, getting undressed from work, just thinking about working--the less of a real hourly wage you are making.
For example, if you make $20/hour and work 8 hours, you make $160. But you spend two hours getting to/from and/or ready for work, so you're really making $16/hour. Add in taxes and you're probably making something like $11-12/hour instead of $20/hour. Then add in the costs of working (paying for transport, work clothes, etc.) and it's probably $10/hour.
The goal of the book, in part, is to make you realize that you get paid a lot less than you think you get paid (as shown in the above example) and to think about costs in terms of time it takes to earn that much money instead of the actual money itself. So in the above example, a $200 iPhone takes about 20 hours of working time. Worth it when you think of it like that? Probably not. Hence the question "your money or your life."
Right now your commute probably takes 25-30 minutes. I just went to google and mapped out a bike route to a small downtown that's 16 miles from my office. Google projects that it would take one hour and seventeen minutes to bike there. Add another 6 miles and we are talking an hour and a half, easy.
So you're talking an additional two hours per day, five days a week, fifty weeks a year. That's 500 hours per year, or almost 9% of your waking hours (assuming you're awake 16 hours/day) dedicated to commuting to and from work. Add that to 45 hours per week of other work-related things (work hours and getting ready) and suddenly 47% of your waking hours are dedicated to work.
Just in terms of the time spent, I'd say not even close.
And to finally get to your numbers, your car isn't the kind of car MMM is bashing. You (like me) have a very frugal commuting habit. $750/year is a very, very low commuting cost.
To put it all into perspective, in terms of your FI/RE goal, based on a "
a previous post of yours, you're about six years from FI/RE. Take that $750/year, invest it every year for 7 years, get a 7% return, and subtract the $1500 for an e-bike and...drumroll...you're left with $5,444.85.
That might accelerate your FI date by what, a month or two? Is 500 hours/year of commuting for six years worth that to you?
Add on the other points I made (namely the safety and weather part of it) and I think you're better off waiting until FI/RE to ditch this extra vehicle. Until then, it's a great $750 yearly expense.