About This Calculator
This calculator helps you determine the cost per mile (or kilometer) based on your total travel expenses and distance. It’s useful for budgeting fuel, maintenance, insurance, and other vehicle-related costs. The core formula is:
How It Works
To use the calculator:
- Enter the total amount spent (in USD).
- Enter the distance driven, and select the correct unit (miles or kilometers).
- The result shows how much it costs to drive one mile or one kilometer.
You can also use it with fuel-only data, or expand it to include all transportation-related costs.
Frequently Asked Questions
What is cost per mile?
It refers to how much money is spent on each mile driven, including fuel, maintenance, insurance, or all combined.
How do I calculate cost per mile?
Divide your total travel cost by the total miles or kilometers driven.
Is this calculator useful for business reimbursements?
Yes. It helps estimate per-mile reimbursement rates or travel costs for invoicing.
Can I use kilometers instead of miles?
Yes. Just select “kilometers” from the distance unit dropdown.
Does it include depreciation or only fuel?
You can include any cost you want. The tool simply divides total cost by distance.