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Cost Per Mile to Drive Calculator

Driving costs more than just gas. The true cost per mile adds your fuel to the insurance, registration and maintenance you pay whether you drive or not. Enter your numbers to see what each mile really costs — essential for rideshare drivers and for deciding between owning and not.

Your numbers

MPG
$

Price per gallon.

$

Insurance + registration + maintenance + repairs for the year.

mi

Result

Total cost per mile
$0.47
Fuel only
$0.14
Fixed costs per mile
$0.33
Average monthly cost
$473.33
Cost per mile
Component$/mile
Fuel$0.14
Fixed (insurance, registration, maintenance)$0.33
Total per mile$0.47
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Fuel is only part of the cost

Cost per mile has two parts: fuel (price ÷ MPG) and fixed costs spread across your miles. A car that gets 25 MPG on $3.50 gas costs $0.14/mile in fuel. Add $4,000/year of insurance, registration and maintenance over 12,000 miles (about $0.33/mile) and the real cost climbs to roughly $0.47 per mile.

Why it matters for rideshare and delivery

If you drive for Uber, Lyft or a delivery app, you need your cost per mile so you are not working at a loss. When a trip pays less than your total cost per mile, it is eating into the value of your car instead of earning a profit. Fold depreciation into the fixed costs for an even more honest figure.

Owning vs. not owning

Comparing your cost per mile with the price of rideshare or transit helps you decide. If you drive only a few thousand miles a year, a car that mostly sits still still racks up fixed costs — and paying per ride can come out cheaper. The IRS standard mileage rate is a useful benchmark for the all-in cost of driving.

Frequently asked questions

Sources

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