diff --git a/source/day_03/mod.rs b/source/day_03/mod.rs
new file mode 100644
index 0000000..3363efa
--- /dev/null
+++ b/source/day_03/mod.rs
@@ -0,0 +1,106 @@
+use std::collections::HashMap;
+
+use color_eyre::{eyre::eyre, Result};
+use itertools::Itertools;
+
+pub fn solve() -> Result<()> {
+  let input_data = include_str!("../../data/day_03.txt").trim();
+  println!("Day 03 Part 1: {}", part_1(input_data)?);
+  println!("Day 03 Part 2: {}", part_2(input_data)?);
+  Ok(())
+}
+
+fn count_bits(input: &str) -> Result<Vec<(usize, i32)>> {
+  let mut bits = HashMap::<usize, i32>::new();
+
+  for line in input.lines() {
+    for (index, bit) in line.char_indices() {
+      let entry = bits.entry(index).or_default();
+
+      match bit {
+        '0' => *entry -= 1,
+        '1' => *entry += 1,
+        _ => return Err(eyre!("Unknown character in line: {}", line)),
+      }
+    }
+  }
+
+  Ok(
+    bits
+      .into_iter()
+      .sorted_by(|(a, _), (b, _)| a.cmp(b))
+      .collect(),
+  )
+}
+
+fn part_1(input: &str) -> Result<i32> {
+  let bits = count_bits(input)?;
+
+  let gamma_rate = i32::from_str_radix(
+    &bits
+      .clone()
+      .into_iter()
+      .map(|(_, bit)| if bit > 0 { '1' } else { '0' })
+      .collect::<String>(),
+    2,
+  )?;
+
+  let epsilon_rate = i32::from_str_radix(
+    &bits
+      .into_iter()
+      .map(|(_, bit)| if bit < 0 { '1' } else { '0' })
+      .collect::<String>(),
+    2,
+  )?;
+
+  Ok(gamma_rate * epsilon_rate)
+}
+
+fn part_2(input: &str) -> Result<i32> {
+  let mut most_common_lines = input.lines().collect::<Vec<_>>();
+  let mut least_common_lines = input.lines().collect::<Vec<_>>();
+
+  let mut most_common_bits = count_bits(input)?;
+  let mut least_common_bits = count_bits(input)?;
+
+  for index in 0..most_common_bits.len() {
+    if most_common_lines.len() > 1 {
+      let (index, bit) = most_common_bits
+        .get(index)
+        .ok_or(eyre!("Could not find most common bit"))?;
+      let most_common = if bit >= &0 { '1' } else { '0' };
+      most_common_lines = most_common_lines
+        .into_iter()
+        .filter(|line| line.chars().nth(*index) == Some(most_common))
+        .collect();
+      most_common_bits = count_bits(&most_common_lines.join("\n"))?;
+    }
+
+    if least_common_lines.len() > 1 {
+      let (index, bit) = least_common_bits
+        .get(index)
+        .ok_or(eyre!("Could not find least common bit"))?;
+      let least_common = if bit < &0 { '1' } else { '0' };
+      least_common_lines = least_common_lines
+        .into_iter()
+        .filter(|line| line.chars().nth(*index) == Some(least_common))
+        .collect();
+      least_common_bits = count_bits(&least_common_lines.join("\n"))?;
+    }
+  }
+
+  let oxygen_generator_rating = i32::from_str_radix(
+    most_common_lines
+      .first()
+      .ok_or(eyre!("Didn't find an oxygen generator rating"))?,
+    2,
+  )?;
+  let co2_scrubber_rating = i32::from_str_radix(
+    least_common_lines
+      .first()
+      .ok_or(eyre!("Didn't find a CO2 scrubber rating"))?,
+    2,
+  )?;
+
+  Ok(oxygen_generator_rating * co2_scrubber_rating)
+}
diff --git a/source/main.rs b/source/main.rs
index 6313b77..b263835 100644
--- a/source/main.rs
+++ b/source/main.rs
@@ -1,5 +1,6 @@
 mod day_01;
 mod day_02;
+mod day_03;
 
 fn main() -> color_eyre::Result<()> {
   color_eyre::install()?;
@@ -7,6 +8,7 @@ fn main() -> color_eyre::Result<()> {
   println!("Advent of Code 2021");
   day_01::solve()?;
   day_02::solve()?;
+  day_03::solve()?;
 
   Ok(())
 }