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$per mile

Old 04-21-16, 04:56 PM
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ctpres
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$ per mile

Virtually all forms of transportation have a cost per mile. For my study I included depreciation, taxes, insurance, fuel, repairs, travel mode specific clothing and after market add-ons. Our 2014 car is around 50 CPM (cents per mile.) Note car number is much higher than average since it is towed behind our motor home and only used for local travels. Our 2015 thirty-eight foot motor home is some mind numbing number over 200 CPM (I really don't want to know.) Right now my modestly priced 2014 road bike is just under 38 CPM and getting cheaper by the mile. What is your CPM?

Last edited by ctpres; 04-21-16 at 04:59 PM.
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Old 04-21-16, 04:59 PM
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Did you count food as fuel?
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Old 04-21-16, 05:02 PM
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Food as fuel? In all fairness it should be included but only that portion actually used in moving the bike. I lack the attention to detail required to track it.
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Old 04-21-16, 05:04 PM
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As of today's mileage and guesstimate of spending, I'm right around 24˘ a mile. By end of year, I'm forecast to be down around 18˘ a mile.
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Old 04-21-16, 05:20 PM
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Originally Posted by ctpres View Post
Food as fuel? In all fairness it should be included but only that portion actually used in moving the bike. I lack the attention to detail required to track it.
I like fiddling with numbers. Studies suggest on average, folks spend $7.00/day on food. Assuming a 2000 calorie/day diet, and 50 calories/mile cycling, that's $0.175/mile.
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Old 04-21-16, 05:24 PM
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Vintage Campy components, quality tubulars, wool jerseys, driving to great locations to ride with friends.
Hmmmm
Not sure I want to calculate CPM.
But the smiles are hard to give up.
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Old 04-21-16, 05:54 PM
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2-9 cents, depending on the year and whether I bought a bike.
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Old 04-21-16, 06:20 PM
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I couldn't care less. Plus, I do loaded touring, which has additional CPM if you factor in camping, etc.
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Old 04-21-16, 07:01 PM
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Originally Posted by ctpres View Post
Food as fuel? In all fairness it should be included but only that portion actually used in moving the bike. I lack the attention to detail required to track it.
25 Calories/mile won't be too far off. Eating $1 200 Calorie energy bars that'd be $0.125 per mile.
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Old 04-21-16, 07:32 PM
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My bikes are about 12 c/m with about half of that being grocery costs.
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Old 04-21-16, 07:41 PM
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total cost of ownership of the current road bike including consumables and upgrades, probably at 50 cents/mile right now, and falling fast.

total cost of ownership plus upgrades and maintenance of my car is probably at 35+ cents/mile over 100k+ miles, not counting gas.

I commute often and a lot of my cycling miles replace driving miles, so really the bike only costs me 15 cents/mile premium, and it falls every time I ride. plus fuel is free.

both are fun. the car is much much faster :-)
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Old 04-22-16, 04:59 AM
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Now compare that with the dishwasher at Denny's who rides the beater bike to work every day.
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Old 04-22-16, 07:31 AM
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My bike is $0.00 per mile because I don't use it for travel. I use it for fun and exercise. As for how much it costs per mile for fun and exercise, it's probably around $0.75 per mile as I have about 1500 miles and around $1000 into the bike and all the accessories.

My car I had calculated out before but didn't keep my spreadsheet. I'll have to redo it and save it. I think it was around $0.12-0.18 per mile. The car is cheaper and it makes me money because it takes me to work.
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Old 04-22-16, 07:50 AM
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Way, way back when I had only one bicycle, I did calculate cents per kilometre on the cost of the bicycle itself.

But when I developed a fleet, and especially since so much of that fleet is custom or customised or built up from parts ... I stopped calculating. Just too complicated.

And if you're going to count clothing and other bicycle-related stuff ... well, that's way too hard. For example, I've got about 50 jerseys and can't remember how much I paid for them.

What about cycling-related events and travel?
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Old 04-22-16, 07:58 AM
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Originally Posted by bobwysiwyg View Post
I like fiddling with numbers. Studies suggest on average, folks spend $7.00/day on food. Assuming a 2000 calorie/day diet, and 50 calories/mile cycling, that's $0.175/mile.
$7.00 a day for food seems awfully low. I wonder if that's a subset of the population. For example anyone that eats lunch out has a hard time staying under that amount. A Big Mac, fries and a large drink with tax is that much alone. That also must assume nothing is brought outside the home.
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Old 04-22-16, 08:24 AM
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Beach riding ~1200 miles a year on my Fatbike wears out (annually) 2 chains, 2 sets of jockey wheels, a front cog. Then there's upgrades like bars, stem, BB, pedals, bar tape, tires, and items wearing more slowly (an occasional tube, bar tape, tires, bearing, etc). Then there is clothing, HRM, foot pod, phone apps, LBS work, driving to other areas...

Depreciating it all out (above + cost of bike, new stuff) over say 5 years? Probably near 40+ cents a mile. Still cheaper than golf.
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Old 04-22-16, 08:48 AM
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Originally Posted by Machka View Post
Way, way back when I had only one bicycle, I did calculate cents per kilometre on the cost of the bicycle itself.

But when I developed a fleet, and especially since so much of that fleet is custom or customised or built up from parts ... I stopped calculating. Just too complicated.

And if you're going to count clothing and other bicycle-related stuff ... well, that's way too hard. For example, I've got about 50 jerseys and can't remember how much I paid for them.

What about cycling-related events and travel?
I just add up the bike-related from Amazon, add in the invoices from Nashbar and other on-line vendors, and divide by the total miles. Piece of cake. I don't even amortize the bike cost - it comes out about the same over time but varies from year to year that way.

No joke, about two cents when I rode the Denali for three years that I bought for $139, eight or nine cents after I got another bike and indulge with parts, tools, jerseys and so on out of my hazy mental budget. Which I admit has creeped up over the years. But it's not difficult if you objectively lump in everything that you spent on (and for) bikes.

Food/fuel is a little trickier, and I'll just say I don't agree with pricing the calories in proportion to the regular grocery bill and don't even include it in my per mile budget. If I did include it, it would be roughly the same amount as my bike budget.
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Old 04-22-16, 09:15 AM
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You gotta be kidding me.
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Old 04-22-16, 09:20 AM
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I dont Keep track , I just ride and fix things as Needed .

My 1 computer is on My touring Bike .

I only put a Battery in it when I'm going on a Tour.

I ride to and from The Bar , do I Include drinks and food?
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Old 04-22-16, 09:38 AM
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Originally Posted by Drew Eckhardt View Post
25 Calories/mile won't be too far off. Eating $1 200 Calorie energy bars that'd be $0.125 per mile.
One energy bar for every 8 miles? Sounds like the Tour de Donut ride.

~~~~~~~~~~
Some years ago, I did this same rough cents-per-mile estimate for a mid-range road bike.
It's interesting how much of the running cost is consumables, not the bike. I think those things added up to about half the costs.
For instance:
Energy bars and other food and drink.
clothing -- shorts and gloves and etc.
tires and chains and bar tape and cabling.
travel expenses if any.

It's easily worth it to me.

~~~~~~~
Cost per mile vs Cost per hour

To make you feel better, convert to cost per hour instead of miles.
It could cost $4 an hour (or perhaps just a buck or two, or all the way up to $10 an hour!) That's still cheap entertainment.

Last edited by rm -rf; 04-22-16 at 09:44 AM.
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Old 04-22-16, 09:47 AM
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Originally Posted by StanSeven View Post
$7.00 a day for food seems awfully low. I wonder if that's a subset of the population. For example anyone that eats lunch out has a hard time staying under that amount. A Big Mac, fries and a large drink with tax is that much alone. That also must assume nothing is brought outside the home.
Thought the thread was pretty much tongue in cheek, but what the heck. Googled around and found that number. I don't believe it included eating out at all, just grocery shopping and cooking at home. You know, like they did in the olden days. Anyway, a family of four would be spending about $200/week on groceries. Sounds doable with certain geographic limitations such as NYC, or Ann Arbor.
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Old 04-22-16, 10:27 AM
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Originally Posted by Jseis View Post
... Still cheaper than golf.
Golf is what? $1000/yr / (20 times/year X 5 miles walked per) = $10/mile. Golf has roughly the same exercise benefit/mile. How 'bout $25/18 holes/5 miles = $5/mile before clubs, membership or anything else.

Then there's skiing. Horses. Sailing. My dad probably spent $200,000 on his last boat to buy, keep supplied, boatyard costs and flying crews to and from around the North Atlantic. Sailed it say 20,000 miles. Bermuda Race, across the Atlantic and back and MA as far as Labrador and back several times.

I figure very roughly my cost/mile is around 9 cents for the bikes. Clothing and shoes adds a few more. Recent additions raised the cost per quite a bit. (2 ti customs, 2008 and 2011.) They have 24,000 miles between them. My workhorse rain/winter/city fix gear is running about 8 cents despite a frame repair and repaint. (Barring crashes, it is well under the halfway point of its life and 17,000 miles. '83 Trek 420 with properly brazed seat caps.)

The Mooney will probably get a major upgrade in the foreseeable future. That will probably be a first class paint job and new drive train and wheels. But at 44,000 miles and say $3000 spent, its not a money burner.

Ben
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Old 04-22-16, 10:54 AM
  #23  
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Just think off all that money we save by not owning a noisy gas guzzling SUV. I can afford nice imported fancy beer
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Old 04-22-16, 11:09 AM
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Calculating cost per mile for both cars and bikes is very difficult because both include fixed and variable costs. Most calculations for cars include insurance, garage (if any) and depreciation to calculate annual fixed costs, which are then divided into the miles and added to the variable costs such as fuel and per mile (average) repair costs.

Even with cars, the calculation is difficult because the allocation of fixed costs depends on annual miles driven. It's worse for bikes because the price spectrum for bike cost is so wide, and it's hard to come up with a way to properly depreciate a bike. Also, for those owning both a car and bike, moving commuter miles from one to the other changes the fixed cost allocation of both. In short, any money saved by riding vs. driving may change the allocation of fixed costs.

So, assuming one has both a car and bike and keeping both, a smarter calculation would disregard capital cost, and compare only direct cost, and an allowance for per mile allowance for maintenance.
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Old 04-22-16, 12:25 PM
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Originally Posted by rm -rf View Post
[...] Sounds like the Tour de Donut ride. [...]
Is this a suggestion? If so I like the way you think

edit: so apparently this is actually a thing.. Seems I've found a new raison d'ętre
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