Figure out what each mile of driving actually costs you once you add up fuel, insurance, maintenance, and depreciation. Fuel alone tells only part of the story, so this calculator lets you enter your annual mileage along with yearly fixed costs and your fuel economy and price. It then divides everything by the miles you drive to give a true cost per mile, which is far more useful than the pump price when you decide whether to drive, claim mileage, or compare cars. Business owners and gig drivers use this to set fair reimbursement rates and to price jobs that involve travel. It also shows the fuel only cost so you can see how much of each mile is fuel versus the rest. All math is done locally in your browser.
It combines fuel, insurance, maintenance, and depreciation over your yearly mileage to find the true cost of each mile driven.
Depreciation is the value the car loses over time and is often the largest driving cost, so leaving it out understates the real cost per mile.
Higher annual mileage spreads fixed costs like insurance over more miles, lowering the cost per mile.
Figure out what each mile of driving actually costs you once you add up fuel, insurance, maintenance, and depreciation. Fuel alone tells only part of the story, so this calculator lets you enter your annual mileage along with yearly fixed costs and your fuel economy and price.
Yes. Cost Per Mile Calculator is completely free, with no sign-up and no usage limits.
Yes. Cost Per Mile Calculator runs in any modern web browser. There is nothing to download or install.
Yes. Cost Per Mile Calculator runs entirely on your device in your browser, so nothing you enter is uploaded to a server.