Cost per Mile / km Calculator
Fill in the values and the answer updates as you type.
How the Cost per Mile / km Calculator works
Cost per distance = all yearly vehicle costs ÷ distance driven. Use miles or kilometres, as long as you use the same unit you want in the answer. Fixed costs such as insurance and depreciation make low-mileage cars pricier per mile. Example: with the default values, cost per mile or km comes to $0.43.
Inputs and results
The Cost per Mile / km Calculator takes 6 inputs and gives 4 results.
What you enter
- Distance driven per year — starts at 15000.
- Fuel per year ($) — starts at 1800.
- Insurance per year ($) — starts at 1200.
- Maintenance and tires per year ($) — starts at 600.
- Depreciation per year ($) — starts at 2500.
- Parking, tolls, and other ($) — starts at 300.
What you get
- Cost per mile or km
- Total yearly cost
- Cost per month
- Fuel share of total
Example: Cost per Mile / km Calculator with the starting values
With distance driven per year 15000, fuel per year 1800 $, insurance per year 1200 $, maintenance and tires per year 600 $ and depreciation per year 2500 $, the calculator returns:
| Cost per mile or km | $0.43 |
|---|---|
| Total yearly cost | $6,400 |
| Cost per month | $533.33 |
| Fuel share of total | 28.13% |
Change any value above and the results update straight away.
Cost per Mile / km Calculator FAQ
How do I use the Cost per Mile / km Calculator?
Enter distance driven per year, fuel per year, insurance per year and maintenance and tires per year in the fields, then read cost per mile or km, total yearly cost, cost per month and fuel share of total in the result panel. The answer updates as you type, and you can press Calculate or Enter to refresh it. Use “Copy link” to share your exact numbers with someone else.
What does the Cost per Mile / km Calculator calculate?
Total ownership cost of a vehicle per distance unit driven. It returns cost per mile or km, total yearly cost, cost per month and fuel share of total from the 6 values you provide.
What values does the Cost per Mile / km Calculator start with?
It opens with distance driven per year 15000, fuel per year 1800 $, insurance per year 1200 $ and maintenance and tires per year 600 $ so you can see a working result straight away. Replace them with your own numbers, or press Reset to return to these starting values.
Is the Cost per Mile / km Calculator free and private?
Yes. It is free, needs no account, and runs in your browser, so nothing you type is sent to or stored on our servers. See the Privacy Policy for details.
Can I rely on the Cost per Mile / km Calculator for important decisions?
Treat the result as a well-rounded estimate. Real situations often have details a general calculator cannot know, so confirm important decisions with a qualified professional. See the Disclaimer for more.