Cost per Mile Calculator
Find your true number with Hey Bubba!
Cost per mile is your total operating cost divided by the miles you drive, and it is the difference between making money and just making miles. The Hey Bubba! Cost Per Mile Calculator is the fast, free tool for owner-operators, small fleets, and dispatchers who need to know their break-even point and profit margin before booking a load.
Cost per mile is your total operating cost divided by the miles you drive, and it is the difference between making money and just making miles. The Hey Bubba! Cost Per Mile Calculator is the fast, free tool for owner-operators, small fleets, and dispatchers who need to know their break-even point and profit margin before booking a load.
Why Cost Per Mile Matters?
In trucking, your cost per mile is your magic number. It’s the baseline that tells you if a load is profitable, break-even, or a straight-up money pit. Too many carriers set rates on gut instinct, and that’s how trucks end up running empty pockets. Bubba keeps it simple.
Set Your Floor
Know your break-even point so you never haul for less.
Bid Smarter
Bid smarter on loads with the right numbers.
Protect Profits
Stay profitable even when fuel costs and expenses climb.
Think Like a Pro
Run your business like a pro, not a gambler.
How It Works?
(No Degree in Truckonomics Required)
Enter your numbers
Mileage, fuel cost, driver pay, insurance, and other expenses.
Let Bubba crunch the math
Faster than your coffee kicks in.
See your cost per mile
Along with clear insights into whether that load or lane is worth it.
Who Should Use This Calculator?
Owner-Operators
Small Fleet Owners
New Carriers
Enterprise Fleets
Dispatchers
Others
Built for Real Truckers, Not Spreadsheet Nerds
Forget clunky spreadsheets and guesswork. The Hey Bubba! Cost Per Mile Calculator is designed for real-world trucking. Mobile-friendly, fast, and straight-talking - it gives you the answers you need without drowning you in formulas. Bubba’s built for the road, not the cubicle.
Start CalculatingRolling Costs
$ 17,326.92The core numbers that set the stage for everything else — your monthly miles driven, truck's MPG, diesel cost per gallon, and driver's wage per mile.
Diesel: EIA weekly U.S. average, week of Oct 19. MPG: an estimate for a dry van (6.5). Change either and your number is used.
Monthly Overhead Items
$ 3,650Regular expenses you must pay each month to keep your trucks rolling. This includes insurance, loan or lease payments for your truck and trailer, and routine or unexpected maintenance.
occupational accident insurance
Annual Overhead Items
$ 6,160Yearly business costs required to stay compliant and in operation. These can include bookkeeping services, registration and permit fees, cell phone and ELD plans, and other annual charges.
Cost per Mile Calculator
We take all your costs and divide them by the total miles you expect to drive each month. The result is your estimated cost per mile—so you know exactly what you need to charge to stay profitable.
Cost per mile = (fixed costs + variable costs) ÷ total miles, loaded and empty.
Cost Breakdown
Meet Bubba,
AI Back-Office
Automation for Fleets
Dispatch, paperwork & compliance - automated.
Just say Hey Bubba!
FAQ'sFrequently Asked Questions
It's a tool that shows what it costs you to run each mile—fuel, insurance, truck payments, overhead, and more—so you know your break-even before you quote a rate. Bubba's version is built specifically for trucking, not generic business math.
Take your total expenses (fixed + variable) and divide by your total miles. That's your break-even cost per mile. Bubba makes it easier by doing the math for you in seconds.
Your cost per mile is what it costs to run your truck. Your rate per mile is what you charge. If your rate isn't higher than your cost—you're basically paying to work.
Absolutely. Knowing your real number gives you leverage. You'll never lowball yourself or accept a load that loses money.
Yes! Empty miles eat into your profit. Bubba factors in both loaded and deadhead miles to give you the real picture.
Yep. Free, fast, and no sign-up required. If you want more powerful tools (like saving your numbers, dispatching smarter, and tracking profitability over time), sign up for the Hey Bubba! App.
You bet. Cost per mile math works for any kind of truck. Bubba's got you covered, no matter what you haul.
More free tools from Bubba
See all free toolsFleet Profitability Calculator
See which trucks in your fleet are actually making money and which ones are just burning diesel.
Try it freeLoad Profitability Calculator
Plug in a load's numbers before you book it and know exactly what you'll walk away with.
Try it freeRate Calculator
Work out the rate per mile you need to charge on a lane to actually stay profitable.
Try it free