Cost Per Mile Calculator

Cost per mile (CPM) is every dollar it takes to run your truck for a month divided by the miles you run in that month. It includes the costs that don't move with your miles — truck and trailer payments, insurance, permits, plates — as well as the ones that do, like fuel, maintenance, tires, and tolls. Knowing it turns a rate from a number you feel out into one you can check.

Breakeven CPM is what you must earn per mile to cover your real costs and clear exactly nothing. Target CPM adds your profit goal on top, so it's the rate you actually want to book at. This calculator shows both, because a load can be above breakeven — worth taking on a slow week — while still being below the rate you need to build a business on.

Because it isn't one. Your profit goal is what's left after the bills are paid, so folding it into breakeven would tell you that you're losing money on loads that are genuinely covering your costs. It's entered on its own line, excluded from breakeven, and included only in the target rate.

No. There's no login, nothing is saved, and nothing is sent anywhere — the math runs entirely in your browser and your numbers are gone when you close the tab. If you'd rather store your profile and have every load on our board scored against your breakeven and target automatically, that's what the carrier cost profile inside an account does.

It is exactly as accurate as the numbers you feed it. Use a real month rather than a good one, include the costs that are easy to forget — IFTA, permits, escrow, factoring fees, your own wage — and use the miles you actually drove, including deadhead. A CPM built on optimistic miles is the most common way carriers talk themselves into unprofitable freight.