Fuel Cost Calculator UK: Petrol Cost Per Mile Explained (2026)

If you want to work out petrol cost per mile in the UK, this guide shows you how to calculate it using current UK fuel prices as of January 2026.

You do not need an app or online tool. Just your fuel price, your car’s MPG, and a simple formula.

Diesel and electric running costs are also included so you can compare fuel types clearly.

Petrol Cost Per Mile UK (2026)

Based on UK average prices as of 1 January 2026:

  • Petrol: £1.44 per litre

  • Diesel: £1.52 per litre

  • Home electric charging: £0.28 per kWh (Based on the January Ofgem Price Cap)

Using these figures:

  • Petrol costs around 13 to 16 pence per mile

  • Diesel costs around 12 to 15 pence per mile

  • Electric driving costs around 7 to 9 pence per mile

Actual costs depend on your car’s MPG and how you drive, but these ranges reflect typical UK use.

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How to Calculate Fuel Cost Per Mile

You can calculate fuel cost per mile using this simple formula.

Fuel cost per mile formula

Fuel cost per mile (£) = (Fuel price per litre × 4.546) ÷ MPG

Why 4.546?

One UK gallon contains 4.546 litres.

What you need

  • Fuel price per litre: Use UK averages or your local pump price

  • MPG: From your dashboard or manufacturer figures

Example Fuel Cost Calculations (UK, January 2026)

Vehicle type

Fuel

Average MPG/Efficiency

Fuel price

Cost per mile

Cost per 100 miles

Small hatchback

Petrol

50 mpg

£1.44

£0.13

£13.00

Medium SUV

Petrol

40 mpg

£1.44

£0.16

£16.00

Diesel saloon

Diesel

55 mpg

£1.52

£0.13

£13.00

Large SUV

Diesel

35 mpg

£1.52

£0.20

£20.00

Electric car

Electric

3.5 miles/kWh

£0.28 / kWh

~£0.08

£8.00

Figures are based on UK averages and typical real-world MPG.

How Much Does Petrol Cost for 20, 50, or 100 Miles?

Distance

Petrol (40 mpg)

Diesel (50 mpg)

Electric (3.5 m/kWh)

20 miles

£3.20

£2.80

£1.60

50 miles

£8.00

£7.00

£4.00

100 miles

£16.00

£14.00

£8.00

300 miles

£48.00

£42.00

£24.00

These examples use average UK fuel prices as of 1 January 2026.

Current UK Fuel Prices (January 2026)

  • Petrol: £1.44 per litre

  • Diesel: £1.52 per litre

  • Home EV charging: £0.28 per kWh

Prices are based on:

  • RAC Fuel Watch

  • UK Government weekly fuel price data

  • Ofgem energy price cap guidance (Effective 1 January 2026)

Fuel prices change regularly, so use your local rates for the most accurate results.

Petrol vs Diesel vs Electric Cost Per Mile

Fuel type

Average cost per mile

Notes

Petrol

13 to 16p

Common for town and mixed driving

Diesel

12 to 15p

Better fuel economy on long journeys

Electric

7 to 9p

Lowest cost when charging at home

Electric cars are cheapest to run per mile, but upfront cost and charging access still matter.

Fuel Cost Formula Recap

Fuel cost (£) = (Miles driven × Fuel price per litre × 4.546) ÷ MPG

You can use this formula to:

  • Estimate trip costs

  • Compare petrol and diesel

  • Understand real running costs before leasing or buying

 

Also check below links:

FAQs: Fuel Cost Calculator UK (2026)

Around 13 to 16 pence per mile, based on January 2026 prices.

About £16 for a car averaging 40 mpg.

Roughly 14.5 pence per mile for most petrol cars.

Diesel can be slightly cheaper per mile due to better MPG, especially on long journeys.

Yes. Home charging usually costs significantly less per mile compared to petrol and diesel.

Yes. Use the formula above with your own MPG and fuel price.