Archive - July 2, 2008

How much does it cost you to drive one mile?

July 2, 2008 in Current Events, Grab Bag with View Comments

If you know just how much it costs to drive around town, it might keep you from making unnecessary trips, thus, saving you money.  So, how much does it cost for you to drive a mile?  Don’t know?  That’s ok, here’s how you find out:

  • Next time you fill up your gas tank, reset your odometer.
  • Then, when you have to fill up again, take note of how much it costs to fill up
  • Divide the fill-up cost by the number of miles you were able to drive on that last tank.
  • Bada bing, bada boom, there is your average cost-per-mile (at least for that tank)

For me, it’s right at $.25/mile.  It really puts things into perspective when I realize that to drive across town, it will cost me 10 bucks or so EACH WAY.  Maybe I should just stay home!

Anyways, do this and report back.  OR, if you already have, what’s the damage?