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Vehicle Cost Per Mile Calculator
Calculate true vehicle operating cost per mile from fuel, maintenance, insurance, registration, depreciation, financing, and annual miles—with a category breakdown.
Vehicle cost per mile
- Annual operating cost
- $9,920.00
- Annual miles
- 14,000 mi
- Cost per mile
- $0.71
| Category | Annual | Per mile |
|---|---|---|
| fuel | $2,800.00 | $0.20 |
| maintenance | $900.00 | $0.06 |
| insurance | $1,600.00 | $0.11 |
| registration | $220.00 | $0.02 |
| depreciation | $3,500.00 | $0.25 |
| financing | $600.00 | $0.04 |
| other | $300.00 | $0.02 |
Know your cost per mile—then keep the receipts.
MileLedger pairs mileage with fuel and maintenance expenses in one ledger.
How this tool works
Enter annual costs by category and annual miles driven. The tool divides each category and the total by miles.
Calculation methodology
Cost per mile = annual operating costs ÷ annual miles. Category per-mile figures use the same divisor.
Worked example
$9,920 annual costs ÷ 14,000 miles ≈ $0.71 per mile—different from the IRS standard rate, which is a separate optional method.
