17000 was the cost per mile to the nearest cent.
What does a mile typically cost?
- Fuel costs 10.72 cents on average per mile, although actual costs might vary greatly depending on the fuel efficiency of the car.
- Owners of electric vehicles pay an average of 3.66 cents per mile compared to pickup truck owners who pay 15.81 cents per mile.
- Costs for upkeep and repairs come to 9.55 cents per mile.
How much will a mile of driving in 2022 cost?
- The optional standard mileage rate for the final six months of 2022 was raised from 58.5 cents per mile to 62.5 cents per mile on June 9, 2022, according to Internal Revenue Service Announcement 2022-13.
- Travel will be charged at the new rate starting on July 1, 2022, through December 31, 2022.
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