what is the difference in a gas costs per year
To calculate the difference in annual gas costs for two cars that travel 450 miles a week, one getting 20 miles per gallon (mpg) and the other getting 40 mpg, we will use the current average gas price.
As of the latest information, the average price for a gallon of regular gasoline is approximately $3.26 source.
Calculation for Car A (20 mpg):
- Weekly Mileage: 450 miles
- Miles per Gallon: 20 mpg
- Gallons Used Per Week: 450 miles / 20 mpg = 22.5 gallons
- Weekly Fuel Cost: 22.5 gallons * $3.26 = $73.35
- Annual Fuel Cost: $73.35 * 52 weeks = $3,817.80
Calculation for Car B (40 mpg):
- Weekly Mileage: 450 miles
- Miles per Gallon: 40 mpg
- Gallons Used Per Week: 450 miles / 40 mpg = 11.25 gallons
- Weekly Fuel Cost: 11.25 gallons * $3.26 = $36.68
- Annual Fuel Cost: $36.68 * 52 weeks = $1,909.36
Difference in Annual Gas Costs:
- Car A Annual Cost: $3,817.80
- Car B Annual Cost: $1,909.36
- Difference: $3,817.80 - $1,909.36 = $1,908.44
Thus, the difference in gas costs per year between the two cars is approximately $1,908.44, with the less fuel-efficient car costing significantly more to operate over the course of a year.
Sources
US Retail Gas Price (I:USRGP) - YChartsToday's Highest Gas Prices By State – Forbes AdvisorGasoline and Diesel Fuel Update - U.S. Energy Information ... - EIAUS Average Regular Gas Price Comparison by State - GasBuddyAverage gas prices by state: What Americans are paying to pumpU.S. All Grades All Formulations Retail Gasoline Prices (Dollars per ...Live Ticking Average of Fuel Pump Prices - Search by State or ...


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