How Much Do Trucker’s Make? Trucker Salary Calculator
Earning an optimal income is essential for the work-life balance and general wellbeing of a semi truck driver. Our easy-to-use calculator helps truck drivers estimate their salary based on their daily mileage and their base pay per hour or per mile. By inputting the number of miles driven per day and the pay rate, our calculator swiftly determines the estimated weekly, monthly, and yearly salary. Use our Trucker Salary Calculator as a tool to better understand and plan your earnings.
Please note these calculators are provided for informational purposes only and unrelated to Drivewyze and its software products.
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Calculate Your Estimated Earnings Instantly
Please enter your base pay either per hour or per mile, not both:
Formula Used
Weekly Salary = (Base Pay per Hour * 8 * 5) + (Base Pay per Mile * Miles Driven per Day * 5)
In this formula:
- The base pay per hour is multiplied by 8 (hours per day) and by 5 (days per week).
- The base pay per mile is multiplied by the miles driven per day and by 5 (days per week).
- The two amounts are added together to calculate the weekly salary.
- The monthly salary is the weekly salary multiplied by 4, and the yearly salary is the monthly salary multiplied by 12.
Examples
| Miles Driven per Day | Base Pay per Hour (USD) | Base Pay per Mile (cents) | Weekly Salary (USD) | Monthly Salary (USD) | Yearly Salary (USD) |
|---|---|---|---|---|---|
| 500 | 20 | 25 | 7250 | 29000 | 348000 |
| 600 | 25 | 30 | 9300 | 37200 | 446400 |
Frequently Asked Questions (FAQs)
How is the base pay calculated?
The base pay can be per hour or per mile. This depends on the agreement between the driver and their employer. Some employers may also offer a combination of both.
What is the average base pay per hour or per mile?
The base pay can vary significantly depending on the employer, location, type of haul, and experience level of the driver. The calculator requires you to input the pay rates applicable to you.
Does cents per mile (CPM) or hourly pay more?
Truck drivers who get paid per mile typically earn more than hourly drivers, in part because they end up driving more.
What costs affect trucker salary?
The primary costs that truckers have to pay are fuel, meals, brokers, truck repairs, truck insurance, and lodging.
Does this calculator consider overtime, bonuses, and other additional pay?
No, this calculator only provides a basic estimate based on base pay and miles driven. It does not account for overtime, bonuses, and other additional pay or deductions.
Can I use this calculator for other types of driving jobs?
Yes, this calculator can be used for any job where pay is based on hours worked and/or miles driven. However, it's designed with semi truck drivers in mind, so some details may not apply to other types of driving jobs.
What is a good profit per mile for trucking?
A good profit per mile for trucking typically falls in the range of $1.00 to $2.00 after covering all operating costs. This value can vary significantly depending on factors such as the efficiency of the operation, cost of fuel, truck maintenance costs, and the type of haul.
What is typical trucking cost per mile?
The typical cost per mile for trucking can vary widely based on a number of factors including fuel costs, driver wages, truck payments, insurance, maintenance, and more. As of my knowledge cutoff in September 2021, the average cost was around $1.75 per mile, but it's advisable to research current figures for the most accurate estimate.
Is 52 cents a mile good for trucking?
Earning 52 cents per mile in trucking is generally considered above average for company drivers as of 2021. However, it's important to consider other factors, such as the total miles driven, benefits, and the cost of living in your area. For owner-operators, the profitability would also need to account for expenses such as fuel, maintenance, insurance, and truck payments.
How do you calculate cents per mile trucking?
To calculate cents per mile in trucking, you need to know the total revenue generated and the total miles driven. The formula is: Cents Per Mile = (Total Revenue ÷ Total Miles Driven) x 100 For example, if you made $2,500 in revenue from a 2,000-mile haul, your rate would be: Cents Per Mile = ($2,500 ÷ 2,000) x 100 = 125 cents per mile Please keep in mind that this calculation helps determine the revenue per mile but not the profit. To calculate profit per mile, you would need to subtract your costs per mile from your revenue per mile.