Question 1

How do I calculate annual fuel cost?

Accepted Answer

Divide your annual miles by your vehicle's MPG, then multiply by the price per gallon. Formula: (miles / mpg) × price_per_gallon = annual fuel cost.

Question 2

How much does it cost to drive 1 mile?

Accepted Answer

At $3.50/gallon and 30 MPG, it costs about $0.117 per mile. Divide your gas price by your MPG to get the per-mile fuel cost.

Annual Fuel Cost Calculator