Find the fuel cost per mile, per day and per month for any car.
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.
Fuel Cost per Mile
Cost per mile = fuel price / MPG; per day = per mile x daily miles
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.
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.
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.