Truck Cost Per Mile Calculator

Q: How often should I recalculate my CPM?

Make it a habit to recalculate every month, as fuel prices and maintenance costs can change significantly.

Know exactly how much it costs to move your truck one mile. Input your monthly expenses below.

Total Miles Driven (Monthly)

Variable Costs (Monthly)

Fuel Costs ($)

Maintenance & Tires ($)

Fixed Costs (Monthly)

Insurance ($)

Truck & Trailer Payments ($)

Other Overhead (Licenses, Parking, etc.) ($)

Results

Total Cost Per Mile: $0.00

Variable Cost Per Mile: $0.00

Fixed Cost Per Mile: $0.00

Total Monthly Expense: $0.00

How This Cost Per Mile Calculator Works

This calculator breaks down your expenses into fixed and variable categories to give you a precise Cost Per Mile (CPM).

Fixed Costs: Expenses you pay regardless of miles driven (Insurance, Truck Payment).
Variable Costs: Expenses that increase with miles driven (Fuel, Maintenance).

Why This Matters

If you don't know your Cost Per Mile, you cannot negotiate rates effectively. If your CPM is $1.80 and you accept a load for $1.70, you are paying to work.

FAQs

How often should I recalculate my CPM?

Ideally every month, as fuel prices and maintenance needs fluctuate regularly.

What is an average CPM for owner-operators?

It varies widely based on equipment and fuel, but typically ranges between $1.70 and $2.10 per mile in current market conditions.