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.
U.S. Department of Transportation, Bureau of Transportation Statistics, Transportation Economic Trends, available at www.bts.gov/product/transportation-economic-trends.