Transportation Economic Trends
Household Spending on Transportation:
Spending per Vehicle-Mile
The cost to own and operate a motor vehicle influences many personal decisions, including where people live and work. This page presents data on average per-mile costs to own and operate a motor vehicle.
On average, it costs $0.62 per mile to operate and maintain a new vehicle in 2019, assuming the owner drives it 15,000 miles per year.
Per-Mile Vehicle Costs
The American Automobile Association (AAA) collects data on automobile operating costs annually and publishes per-mile cost estimates for new vehicles driven 15,000 miles a year for 5 years.
The largest vehicle expense is ownership costs. Ownership costs include depreciation, vehicle insurance, license and registration fees, and finance charges.