Thursday, January 3, 2013

Cost of driving, 2013

How much does it cost to operate a private motor vehicle in 2013?

The IRS says 56.5 cents per mile.  That's the reimbursement rate if you use your car for company business, up one cent from 2012.

The cost of riding a bike is probably up, too!  Let's just say it went from 2 cents/mile, to 3 cents/mile.

Actually, that may be fairly accurate... I rode 6096 miles last year, and at 3 cents/mile, it would've cost $182.88.  If I'd driven a car that same number of miles, using the 56.5 cents... $3444.24.

I can't afford to drive.  Looks like another year on the bike... sigh...

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