Cost Per Mile Calculator
Calculate your trucking cost per mile accurately. Know your fixed costs, variable costs, and total cost per mile to make profitable decisions on every load.
Enter the total miles you drove in the period you're calculating (typically monthly).
Fixed Costs
$1,889.00These costs stay the same regardless of how many miles you drive.
Variable Costs
$5,391.00These costs change based on how many miles you drive.
Your Cost Per Mile
Profit Analysis
Minimum Rate Calculator
Most owner-operators aim for $0.50-$1.00 per mile profit
How to Use This Calculator
Enter Your Miles
Start by entering the total miles you drove in the period you're calculating. This is typically monthly.
Add Your Costs
Enter your fixed costs (truck payment, insurance, etc.) and variable costs (fuel, maintenance, etc.) for the same period.
Get Your Results
See your cost per mile instantly. Use the profit calculator to determine if loads are profitable.
Frequently Asked Questions
What's the difference between fixed and variable costs?
Fixed costs stay the same regardless of miles driven (truck payment, insurance, permits). Variable costs change based on how much you drive (fuel, maintenance, tolls). Understanding both helps you price loads accurately.
How often should I calculate my cost per mile?
Calculate monthly to track changes. Fuel prices and maintenance costs fluctuate, so updating monthly gives you accurate numbers for pricing decisions. Average costs over 3-6 months for better planning.
What's a good profit margin?
Most owner-operators aim for $0.50 to $1.00 per mile in profit above their cost per mile. This translates to roughly 15-30% profit margin depending on your rates. Never accept loads below your break-even point.
How do I use this to price loads?
Once you know your cost per mile, add your desired profit per mile to get your minimum rate. For example, if your cost is $0.74 per mile and you want $0.80 profit, your minimum rate is $1.54 per mile. Don't accept anything less.
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