FAQs
With miles per gallon, trip distance and the price of gas at your fingertips, you can calculate the gas cost for the trip with this formula. First, divide the distance of the route by your miles per gallon figure to discover how many gallons of gas you will need, then multiply the number of gallons by the price of gas.
What is the formula for fuel cost calculator? ›
Thus, the mileage of the car is 510/30 = 17 km/l. So, if Ramesh has to plan his next trip of 340 Km and the cost of the petrol is Rs. 120/litre, he can estimate the cost using the fuel cost calculator as (340/17) *120= 2400 INR, so he will keep aside a provision of Rs. 2400 for the cost of fuel during the trip.
How do you calculate fuel savings? ›
Fuel savings (Money Saved) is calculated as the monthly fuel spend multiplied by the fuel savings per litre/ fuel pump price multiplied by 12.
How do you calculate gas cost? ›
How do you calculate fuel cost per mile? You can find the fuel cost per mile by taking the current per-gallon price of gas and dividing it by your vehicle's miles per gallon. This means you spend 14 cents on fuel for every mile that you travel in your vehicle.
How much gas money is a 30 minute drive? ›
That equates to a 30 minute drive costing you anywhere from 0.2 to 4 gallons of gas. Big variation. At $4 per gallon, it would cost you anywhere from $0.8 to $16 for that 30 minute drive.
How much gas do you need for 500 miles? ›
For instance, if you plan to drive 500 miles (804.6 kilometers) in a car that gets 25 mpg (10.6 km/l), you'll need about 20 gallons (76 liters) of gasoline. To find out your total fuel cost, visit a site like GasBuddy.
What is the formula fuel usage? ›
Litres per 100km fuel economy calculator
Divide the litres it took to refill the tank by the distance travelled and multiply by 100.
What does 30 miles per gallon mean? ›
Gas mileage is measured in mpg. For instance, if your vehicle gets 30 mpg, it travels 30 miles per one gallon of gas. The mpg is usually higher on highways compared to city driving since city driving necessitates slower speeds, idling, and higher revolutions per minute (rpm).
What is the first step to calculate fuel costs? ›
Take the mileage of the total distance of your trip and divide it by your miles per gallon to get the number of gallons of gas you will need on your journey. Then multiply that figure by the current gas price, and the result is the estimated cost of gas for your road trip.
How much money do you save per mpg? ›
Improved fuel economy saves you money every time you fill up! For example, a gasoline vehicle that gets 30 MPG will cost you $845 less to fuel each year than one that gets 20 MPG (assuming 15,000 miles of driving annually and a fuel cost of $3.38 per gallon).
If you're driving something that gets 50 MPG, you won't notice. That's only a 2% difference. If you're driving something that gets 1 MPG, gaining 1 will double your mileage and cut your fuel cost in half. Losing 1 means you're getting 0 MPG and not going anywhere.
How many miles will $15 of gas get you? ›
With $15 of gas money, assuming the current price for gasoline is $3.25 per gallon and your car gets an average of 27 miles per gallon, you can travel roughly 125 miles.
How much gas is 5 hours of driving? ›
Driving 5 hours at 55 miles/hour, you will go (5 hours)(55 miles/hour)= 275 miles. AT 1/22 gallon per mile that will require 275/22= 12.5 gallons of gas.
How much am I spending a month on gas? ›
To calculate the gas cost per month, divide the monthly miles by the MPG, then multiply by the cost of gas.
