Personal Finance

What Is Fuel Economy (MPG)?

Fuel economy measures how far a vehicle travels on a given amount of fuel. In the United States it is expressed in miles per gallon (MPG); in many other countries as liters per 100 kilometers (L/100 km), where a lower number means better efficiency. Fuel cost per mile = fuel price ÷ MPG.

Converting

L/100 km ≈ 235.2 ÷ MPG (US gallons). 30 MPG is about 7.8 L/100 km.

Trip Cost

Trip fuel cost = distance ÷ MPG × price per gallon.

🧮 Calculate It Yourself

Put Fuel Economy (MPG) into practice with these free calculators — no sign-up, nothing stored.

🔗 Related Terms

More Personal Finance Terms

📖 Browse all glossary terms or explore all free calculators.

Last updated: September 27, 2026. This definition is for general educational purposes only. It is not financial, investment, tax, legal, or medical advice, and it does not recommend any product or course of action. For decisions about your own situation, consult a qualified professional.