Daily Figures Edition No Sign-Up • Free Forever Vol. XII — No. 204
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Cost Per Mile Calculator

Combine fuel and maintenance to see what each mile of driving costs.

tyres, oil, repairs — optional
Cost per mile
—
What each mile costs.
Details
Fuel per mile—
Maintenance per mile—
Per 100 miles—
Per year—
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Enter your figures above to see the step-by-step working.
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How the Cost Per Mile Calculator Works

The running cost of driving comes down to cost per mile. Fuel is the easy part: gas price divided by MPG. Add a per-mile allowance for maintenance — tyres, oil, brakes and repairs, often around 8 to 15 cents a mile — and you have a realistic figure for what each mile actually costs.

Multiply by your annual mileage to see the yearly total. It’s useful for budgeting, comparing vehicles, pricing gig-driving and deciding whether a longer commute is worth it.

cost per mile = (gas price ÷ MPG) + maintenance per mile

Frequently Asked Questions

How do I calculate cost per mile?

Divide the gas price by your MPG for the fuel cost, then add a maintenance allowance per mile. At $3.50 and 25 MPG, fuel alone is 14 cents a mile.

What should I use for maintenance per mile?

A common estimate is 8–15 cents per mile for tyres, oil, brakes and repairs. Use your own records if you have them.

Does this include depreciation and insurance?

No — it covers fuel and maintenance. Add depreciation, insurance and registration separately for the full cost of ownership.

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