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):

  1. Weekly Mileage: 450 miles
  2. Miles per Gallon: 20 mpg
  3. Gallons Used Per Week: 450 miles / 20 mpg = 22.5 gallons
  4. Weekly Fuel Cost: 22.5 gallons * $3.26 = $73.35
  5. Annual Fuel Cost: $73.35 * 52 weeks = $3,817.80

Calculation for Car B (40 mpg):

  1. Weekly Mileage: 450 miles
  2. Miles per Gallon: 40 mpg
  3. Gallons Used Per Week: 450 miles / 40 mpg = 11.25 gallons
  4. Weekly Fuel Cost: 11.25 gallons * $3.26 = $36.68
  5. 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.

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