Use this free cost per mile calculator to find out exactly what it costs to run your truck. Enter your monthly fixed expenses, variable costs per mile, and miles driven to get your total cost per mile instantly. Knowing your cost per mile is the foundation of every profitable load decision — it tells you the minimum rate you need to accept before you can say yes to a load.
Fixed expenses (monthly)
Truck paymentAvg: $1,500–$2,500/mo for financed truck
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InsuranceAvg: $800–$1,500/mo depending on experience
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Permits & licensesAvg: $100–$300/mo (IRP, IFTA, etc.)
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Phone & communicationAvg: $100–$300/mo including ELD and load board
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Other fixedAny other recurring monthly costs
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Variable expenses (per mile)
Fuel cost per mileAvg: $0.45–$0.65/mi at 6–7 MPG
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Maintenance per mileAvg: $0.10–$0.20/mi recommended reserve
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Tires per mileAvg: $0.03–$0.06/mi spread over tire lifespan
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Other variableAny other costs that vary with miles driven
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Miles driven
Miles driven per monthAvg: 8,000–12,000 miles/mo for full-time operators
Monthly expenses
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Fixed cost per mile
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Variable cost per mile
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Total cost per mile
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