Uber Driver Net Earnings Calculator
Net Earnings Calculator
Calculate true income after all Uber driving costs
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miles
mpg
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hours
Formula
Net Earnings = Gross − Gas − Depreciation ($0.10/mi) − Maintenance ($0.06/mi) − Insurance
Frequently Asked Questions
How much do Uber drivers actually make per hour?
After gas, maintenance, depreciation, insurance, and taxes, most Uber drivers net $8–$15/hr. Uber's advertised earnings of $20–$30/hr are before expenses. In high-demand markets (NYC, SF) with strategic driving, $15–$22/hr net is achievable.
What expenses can Uber drivers deduct on taxes?
Uber drivers can deduct: mileage (IRS standard rate: 67 cents/mile in 2024), actual vehicle expenses (gas, oil, insurance, registration), phone bill (business portion), car washes, and tolls. Keep a mileage log for accurate deductions.
How does vehicle depreciation affect Uber driver income?
High-mileage rideshare driving rapidly depreciates a car's value. Rideshare drivers often put 40,000–80,000 miles/year on their car vs 15,000 for regular drivers. This represents a real cost of $4,000–$8,000/year in vehicle value lost.
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