OdoKeep is now on the App Store. Download it free.

Free calculators

Car running costs calculator: cost per mile

Work out your car's cost per mile with fuel, insurance, servicing, vehicle tax and optional depreciation. See monthly and annual running costs.

Example values. Change them to match your vehicle.

Changing currency does not convert amounts. Enter every cost in the selected currency.

mi
GBP/L
Annual costs (GBP)
GBP

Estimated value lost in one year, not the purchase price. Optional: enter 0 to exclude it.

No account. Calculations stay in your browser.

Cost per distance

£0.197

/ mi

All entered annual costs, divided by your annual distance.

Per year
£1,971.66
Per month
£164.31
Before depreciation
£1,971.66

Where the money goes

  • Fuel£1,971.66

Use one year for every amount.

Estimate annual fuel from your distance, consumption and fuel price. Add annual insurance, maintenance, tax and other running costs. Include the vehicle's estimated loss of value if you want depreciation. Divide the total by 12 for a monthly average, or by annual distance for cost per mile or km.

This is an estimate, not a tax or reimbursement rate. Do not enter the full purchase price as depreciation. If you include financing, enter interest under other costs rather than loan principal as well as depreciation.

Multiple vehicle tracker and shared car logbook
OdoKeep

Replace estimates with your own history.

Log expenses for free in OdoKeep. Plus adds cost per distance, comparisons and the full statistics history.