Is it cheaper to have your own plane or fly commercial.?

I recently inherited a Cessna TTx, I don't have a pilots license yet but I could get one. My main question is using your own plane to fly places cheaper then commercial flight ie, gas and hanger rental and insurance cheaper then a plane ticket, I have a family of 3, and fly frequently from Miami to Nashville. Since I was able to avoid the upfront cost of having to buy a plane, and not being real familiar with the ins and out of private piloting, I would like to know of it's worth the time or to just try and sell it.

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