Cost Per Mile Calculator
What every mile you drive really costs.
Cost per mile:
Annual driving cost:
Fuel portion per mile:
How to use this calculator
Enter annual miles, MPG, gas price, annual depreciation and insurance-plus-maintenance, then press Calculate. Cost per mile, annual cost and fuel portion are shown.
What the result means
Cost per mile is the true cost of driving — fuel, depreciation and upkeep combined. It's the honest number for car-sharing decisions and mileage reimbursement.
Frequently asked questions
What's the IRS rate?
The IRS standard mileage rate (about 67c/mile in 2024) is a good proxy for total driving cost.
Why is depreciation included?
Because wear from driving lowers resale value — it's a real cost of every mile.