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.