Airline Miles Value Calculator

Calculate the monetary value of your airline miles and whether redeeming for a flight is worth it versus paying cash.

Miles Required for Redemption

Cash Price of Same Flight ($)

Taxes/Fees on Award Ticket ($)

Your Total Miles Balance

Formula

Value Per Mile (cents) = ((Cash Price - Award Taxes) / Miles Required) x 100

How much is an airline mile worth?

On average, airline miles are worth 1 to 2 cents each, though premium cabin international redemptions can yield 3 to 10 cents per mile.

When should I use miles instead of cash?

Use miles when the redemption value exceeds 1.2 cents per mile, especially for premium cabin tickets or expensive routes where cash prices are high.

Do airline miles expire?

Many programs no longer expire miles, but some still do after 18 to 24 months of account inactivity. Check your specific program rules.

Calculate the monetary value of credit card or airline reward points and determine the best redemption option.

Calculate the cost per mile of a flight to compare value across different routes and airlines.

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