CALCULATOR
Cost Per Mile Car Calculator
Estimate the total cost of driving each mile by combining major annual vehicle expenses.
ESTIMATE
$0/mile
Annual cost$0
Monthly average$0
Per 100 miles$0
Annual miles0
This is a budgeting estimate. Actual costs vary by vehicle, mileage and driving conditions.
About this calculator
See how annual vehicle expenses translate into a cost per mile, including depreciation as an economic cost.
Frequently asked questions
What costs are included?
The calculator combines annual fuel, insurance, maintenance and repairs, depreciation, and taxes or registration with annual mileage.
Why include depreciation?
Depreciation represents an economic cost of owning a vehicle even though it is not usually a monthly cash payment.
Can I compare two cars?
Yes. Run the calculator separately for each vehicle using comparable mileage and expense assumptions.
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