Free Tool

Cost Per Mile (CPM) Calculator

This is the number that decides whether a rate is worth taking. Fill in your monthly numbers - most owner-operators are surprised how much higher their real CPM is than they assumed.

Monthly Fixed Costs

Truck Payment ($)

Insurance ($)

Permits, Plates & Fees ($)

Other Fixed Costs ($)

Monthly Variable Costs

Fuel ($)

Maintenance & Repairs ($)

Tolls & Parking ($)

Driver Pay (if not you) ($)

Miles

Total Miles Driven This Month

$0.000 / mi

Fixed cost per mile$0.00

Variable cost per mile$0.00

Total monthly cost$0.00

Rule of thumb: any rate below your all-in CPM is a load you're paying to haul, not one you're getting paid for. Add a profit margin (many owner-operators target 10-20% above CPM) before you accept.