Annual Fuel Cost Calculator
What is a vehicle's annual fuel cost? Estimate yearly fuel spending from annual miles and MPG.
Change an input to update the diagram.
Answer first
What is a vehicle's annual fuel cost?
The Annual Fuel Cost Calculator estimates your yearly fuel spending based on annual miles, vehicle MPG, and current fuel price. This is one of the most important numbers for car buyers, as fuel is typically the second-largest recurring vehicle expense after depreciation.
How it works
Annual Fuel Cost Calculator: inputs, formula, and result
Enter the values that describe your supporting scenario. The interactive result changes as the inputs change, helping you compare fuel efficiency, fuel consumption, fuel cost, or operating impact.
Formula
Annual Fuel Cost = (Annual Miles ÷ MPG) × Fuel Price
Worked example
12,000 miles/year at 30 MPG with gas at $3.50/gallon costs (12000 ÷ 30) × 3.50 = $1,400/year.
Personalized guidance
What changes the result for Annual Fuel Cost?
Explore a focused fuel-economy variable and see how it changes cost, efficiency, or emissions. Traffic, tire pressure, vehicle load, terrain, driving style, weather, fuel price, and the quality of the input data can change the final result.
When should you use this calculator?
Use it before a trip, after a fill-up, when comparing vehicles, or when documenting business mileage. Keep the same units and use several measurements when you need an average.
FAQ
FAQs about Annual Fuel Cost
What does the average American spend on gas per year?
About 13,500 miles/year at 25 MPG and $3.50/gallon equals approximately $1,890 per year, or about $158 per month.
How do I lower my annual fuel cost?
Drive a more efficient vehicle (hybrid saves $500-$1,000/year), reduce miles through carpooling or WFH, maintain tire pressure, and use fuel rewards programs.
How does annual fuel cost compare between gas and electric?
A gas car at 25 MPG costs about $1,890/year. An EV at 3.3 miles/kWh costs about $650/year in electricity. The $1,240 annual savings helps offset the higher EV purchase price.
Also useful