Fuel Cost per Mile
Find the fuel cost per mile, per day and per month for any car.
About Fuel Cost per Mile
Dividing the fuel price by the miles per gallon gives the true fuel cost of each mile driven. Multiplying by daily or monthly miles reveals the recurring outlay. A few cents per mile can add hundreds of dollars a year, so fuel cost per mile is the clearest way to compare two vehicles on the road.
Formula
Fuel Cost per Mile
Cost per mile = fuel price / MPG; per day = per mile x daily miles
- fuel price
- Price paid per gallon of fuel
Worked example
With the default values below, Fuel Cost per Mile returns Cost per Mile of $0.143. Change any input above and every figure here is recalculated in your browser.
Inputs used
- Fuel priceminimum 0.001 $/gal
- 4 $/gal
- Vehicle MPGminimum 0.1 mpg
- 28 mpg
- Daily milesminimum 0 mi
- 40 mi
Results
- Cost per Mile
- $0.143
- Cost per Day
- $5.71
- Cost per Month
- $171.43
Step by step
- 1Values used
- 2Fuel Cost per Mile
- 3Cost per Mile= 0.143
- 4Cost per Day= 5.71
- 5Cost per Month= 171.43
Assumptions and limits
- The result is derived only from the 3 inputs listed above. Anything not among them is not part of the calculation.
- In particular, this calculator does not take inflation, tax, fees or charges or compounding frequency into account.
- Figures are rounded for display to 3 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.
Frequently Asked Questions
How is Fuel Cost per Mile calculated?
Cost per mile = fuel price / MPG; per day = per mile x daily miles Dividing the fuel price by the miles per gallon gives the true fuel cost of each mile driven. Multiplying by daily or monthly miles reveals the recurring outlay.
Why does Fuel Cost per Mile matter?
A few cents per mile can add hundreds of dollars a year, so fuel cost per mile is the clearest way to compare two vehicles on the road.
What values do I need to enter?
This calculator takes 3 inputs: Fuel price, Vehicle MPG, Daily miles. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.