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Yes. For example, if you get 25 miles per gallon and you pay $2.50 per gallon for gasoline, it costs you roughly 10 cents per mile in fuel. (2.50 / mpg = .10)*

So, a 500-mile vacation trip would cost you about $50.00 in fuel at 25 mpg.

*Formula:

  • price per gallon / mpg = cost per mile
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Q: Is there a mathematical formula to compare MPG vs price per gallon?
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