1. What is Cost Per Mile?

The cost per mile calculation helps you understand how much you're spending on gasoline for every mile you drive. This is useful for budgeting trips, comparing vehicle efficiency, or calculating business travel expenses.

2. How Does the Calculator Work?

The calculator uses a simple formula:

Where:

• Gas price — Current price per gallon of gasoline (in your local currency)
• MPG — Your vehicle's miles per gallon efficiency rating

Explanation: The formula divides the cost of one gallon of gas by how many miles that gallon will take you, giving you the cost for each mile driven.

3. Importance of Cost Per Mile Calculation

Details: Knowing your cost per mile helps with trip budgeting, comparing vehicle efficiency, and making informed decisions about transportation costs for personal or business use.

4. Using the Calculator

Tips: Enter the current gas price in your area and your vehicle's MPG rating. For most accurate results, use your actual observed MPG rather than the manufacturer's estimate.

5. Frequently Asked Questions (FAQ)

Q1: Where can I find my vehicle's MPG?
A: Check your owner's manual, or better yet, calculate it yourself by dividing miles driven by gallons used at your last fill-up.

Q2: Should I use city or highway MPG?
A: Use the MPG that matches your typical driving conditions. For mixed driving, use an average of city and highway MPG.

Q3: Does this include other vehicle costs?
A: No, this only calculates fuel costs. Total cost per mile would include maintenance, insurance, depreciation, etc.

Q4: How accurate is this calculation?
A: It's accurate for fuel costs assuming your MPG is correct. Actual costs may vary with driving conditions.

Q5: Can I use this for electric vehicles?
A: No, this is for gasoline vehicles. For EVs you'd need to calculate cost per kWh and your vehicle's efficiency in miles per kWh.