Free calculator

Cost per mile calculator

Enter the distance for the period and your cost items; see the true cost per mile (or per km — just enter km) and the breakdown. Empty items count as 0. Runs in your browser — nothing is sent to a server.

Period (12 months works best) and items

mi / km

Your cost per mile

Enter the distance and at least one cost to see the result

How the calculation works

cost per mile = total cost for the period ÷ distance driven. Six items make up the total: fuel, maintenance & repairs, insurance+tax+inspection, tyres, parking/tolls and depreciation (value at the start − value at the end). Example: 12,000 miles a year at a total of $6,000 → $0.50 per mile.

Why depreciation counts

The value your car loses is a real cost even though no cash leaves your pocket — most calculations skip it and look cheaper than reality. Insurance and tax get forgotten the same way; they run even when the car is parked. More: the true cost per mile of your car.

Three common mistakes

① Counting only fuel (usually less than half the total) ② skipping depreciation ③ mixing periods — costs from a year against miles from a month. Cutting fuel use: how to improve fuel economy; for company vehicles: company vehicle expense tracking.

FAQ

How do I estimate depreciation?

Note the market value at the start of the period and the value in the same listings at the end; the difference is your depreciation. A rough estimate beats writing zero.

Do insurance and tax really count?

Yes. They are paid even if the car never moves; they are the fixed part of your per-mile cost.

Monthly or yearly?

Any period works as long as costs and distance cover the SAME period. Twelve months smooths out seasonal effects best.

Does the calculator store my data?

No. It runs entirely in your browser; nothing you enter is sent to a server.