Rate Per Mile Calculator

Formula

To calculate the Rate Per Mile (RM):

\[ RM = \frac{C}{TD} \]

Where:

$RM$ is the Rate Per Mile ($/mile)
$C$ is the Total Cost ($)
$TD$ is the Total Distance (miles)

What is Rate Per Mile?

Rate per mile is a measure of the cost efficiency of a journey or transportation service. It is calculated by dividing the total cost by the total distance traveled in miles. This metric is useful for budgeting and cost analysis in various transportation and logistics applications.

Example Calculation

Let's assume the following values:

Total Cost ($C$) = $500
Total Distance ($TD$) = 250 miles

Using the formula:

\[ RM = \frac{500}{250} = 2 \text{ dollars per mile} \]

The Rate Per Mile is $2.00 per mile.