LoadKitStart Free Trial
Already have an account? Log in
Free trucking tool · No account required

Truck Cost Per Mile Calculator

Turn your monthly operating expenses into a practical break-even cost per mile before you book a load.

Calculate your operating CPM

Operating cost per mile
Fixed cost per mile
Variable cost per mile

Enter monthly miles and the expenses you choose to include. This is an estimate, not a quoted load rate.

Know your break-even before you book

Operating cost per mile

Your total monthly operating expenses divided by monthly miles. It is the starting point for knowing what a load must cover.

Fixed costs

Truck payment, insurance, permits, and ELD costs stay relatively steady even when monthly miles change.

Variable costs

Fuel, maintenance, driver pay, tolls, and other running expenses vary more directly with the work you run.

Cost per mile questions

How do I calculate truck cost per mile?

Add the operating expenses you want to include for a month and divide by the miles driven that month.

What costs should I include?

Common costs include truck payment, insurance, permits, maintenance, driver pay, fuel, tolls, and other expenses specific to your operation.

Is cost per mile the same as rate per mile?

No. Cost per mile is what it costs to operate the truck. Rate per mile is the revenue paid for a particular load.