Fuel Cost Mistakes Australians Make and How to Avoid Them
A Fuel Cost Calculator gives a fast answer, but the answer is only as good as what goes in. These are the mistakes we see most often with fuel cost calculations in Australia, and how to avoid them.
1. Forgetting public holidays
Day counts don’t know about state public holidays, so allow for them in deadlines.
2. Using the wrong units
Australia uses litres per 100 km for fuel and cents per kWh for electricity. Converting from other units introduces errors.
3. Stacking percentages
Percentage changes compound, so they can’t simply be added or subtracted.
4. Ignoring supply charges
Electricity bills include a daily supply charge on top of usage.
5. Overlooking the detail that matters most here
Fuel prices follow weekly cycles in most capital cities. Fill up at the bottom of the cycle to save.
How the trip fuel cost changes with fuel use
A common mistake is getting one input slightly wrong. Here is what happens to the trip fuel cost when “Fuel use (L/100km)” is off by up to 20% in either direction, with everything else held steady.
| Fuel use (L/100km) | Trip fuel cost |
|---|---|
| 6 | $58.50 |
| 7 | $68.25 |
| 8 | $78.00 |
| 9 | $87.75 |
| 10 | $97.50 |
At 6 the result is $58.50; at 10 it is $97.50. If a small change in this input moves the answer a lot, it is worth double-checking that figure before you rely on the result.
A quick sense check
Fuel = distance × L/100km ÷ 100. Cost = fuel × price per litre. With typical inputs the calculator returns trip fuel cost of $78.00. If your own result looks wildly different, check that each figure is in the right unit and period (weekly, monthly or yearly) before drawing conclusions.
Related reading
- Fuel Cost Calculator Explained for Australians
- Getting the Most From a Electricity Cost Calculator: Tips and Common Errors
- Solar Payback: What to Check Before You Trust the Number
- Common Age Mistakes (and a Better Way)
- All everyday calculators
Run your own numbers in the Fuel Cost Calculator.
Open the calculatorGeneral information only. Rates and thresholds change, usually on 1 July. Confirm current figures with the ATO or the relevant authority, and get personal advice for decisions about your situation.