|
It depends on your gas mileage and how
much you drive.
The average driver pays about $6.00
per year for each cent of gas tax, assuming 20 miles per gallon
and 12,000 miles per year.
| |
Annual
cost per 1 cent of gas tax |
| |
Miles
driven per year |
| MPG |
12,000 |
20,000 |
25,000 |
30,000 |
| 10 |
$12.00 |
$20.00 |
$25.00 |
$30.00 |
| 15 |
8.00 |
13.33 |
16.67 |
20.00 |
| 20 |
6.00 |
10.00 |
12.50 |
15.00 |
| 25 |
4.80 |
8.00 |
10.00 |
12.00 |
| 30 |
4.00 |
6.67 |
8.33 |
10.00 |
| 35 |
3.43 |
5.71 |
7.14 |
8.57 |
| 40 |
3.00 |
5.00 |
6.25 |
7.50 |
Dec, 2007 |
Total
gas tax at the pump |
|
IL |
$0.579 |
|
MI |
0.544 |
|
WI |
0.513 |
|
US Average |
0.470 |
|
SD |
0.424 |
|
ND |
0.414 |
|
MN |
0.404 |
Before the 2008 increase |
|
|
Myth:
Gas tax revenue goes into Minnesota's General Fund for use
in all sorts
of things beyond highway projects.
Fact:
Revenue from the Minnesota gas tax is constitutionally dedicated
to the
Highway Trust Fund and must be used only for "highway
purposes" as defined
in the State Constitution.
Learn more:
Download our gas tax model in Excel. Experiment on your own!
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