Enter your total yearly mileage, your mpg of your car, and the average cost of gas for the year to determine your annual fuel cost.

- Electricity Cost Calculator
- Rent Budget Calculator – How much should I spend on rent?
- Depreciation Calculator (% per year)
- Airline Cost Index Calculator
- Gas Cost Per Month Calculator
- Cost Per Mile of Driving Calculator

## Annual Fuel Cost Formula

The following formula could be used to calculate your annual fuel cost of driving.

C = M / mpg * g

- Where C is your annual fuel cost
- M is the total yearly mileage
- mpg is the miles per gallon your car gets
- g is the average cost of a gallon of gas

## Annual Fuel Cost Definitoin

An annual fuel cost is defined as the total cost spent on fuel during a year.

## Annual Fuel Cost Example

How to calculate annual fuel cost?

**First, determine the yearly mileage.**Calculate how many miles you drive per year.

**Next, determine your mpg.**Determine your average miles per gallon.

**Next, determine your average cost of a gallon.**Calculate the cost of a gallon of gas.

**Finally, calculate your annual fuel cost.**Calculate your annual fuel cost using the formula above.

## FAQ

**What is a normal yearly driving miles?**

On average drivers living in America drive between 10,000 and 15,000 miles per year.

**What is the average cost of gas?**

In 2020, the average cost of gas in America is between $2.50 and $3.50.

**What is a good mpg?**

Most modern sedans can achieve MPGS of 25-35 miles per gallon, while SUVs get 15-25 miles per gallon.