TABLE 7-2b Average Cost per Mile of Owning and Operating an Automobile: 1993-2003
TABLE 7-2b Average Cost per Mile of Owning and Operating an Automobile: 1993-2003
Cents (in current dollars)
1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Variable costs | 9 | 9 | 10 | 10 | 11 | 11 | 11 | 12 | 14 | 12 | 13 |
Fixed costs | 29 | 30 | 32 | 33 | 34 | 35 | 36 | 37 | 37 | 38 | 39 |
Total costs | 38 | 39 | 42 | 43 | 45 | 46 | 47 | 49 | 51 | 50 | 52 |
NOTE: 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.
SOURCE: U.S. Department of Transportation, Research and Innovative Technology Administration, Bureau of Transportation Statistics, National Transportation Statistics 2004 (Washington, DC: 2005), table 3-14.