TABLE 7-2a Average Cost per Mile of Owning and Operating an Automobile: 1993-2003

TABLE 7-2a Average Cost per Mile of Owning and Operating an Automobile: 1993-2003

Cents (in chained 2000 dollars)

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  1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Variable costs 11 11 11 11 12 13 12 12 14 12 13
Fixed costs 33 32 32 33 34 36 37 37 37 39 40
Total costs 44 43 43 44 46 49 49 49 51 51 53

NOTES: Data are the cost per mile based on 15,000 miles per year and a composite of three current model American automobiles. Fuel costs are based on a late year average price per gallon of regular unleaded gasoline. To eliminate the effects of inflation over time, the Bureau of Transportation Statistics converted current dollars (see table 7-2b) to chained 2000 dollars.

SOURCE: U.S. Department of Transportation, Research and Innovative Technology Administration, Bureau of Transportation Statistics, calculations based on data in table 7-2b.