\text{Cents Per Mile (CPM)} = \frac{\text{Cash Price of Ticket} - \text{Award Taxes & Fees}}{\text{Number of Miles Required}} \times 100
: Use the current market price for the exact same flight, including all fees you would actually pay. use miles or buy ticket calculator
: Most "free" tickets still require paying government taxes and carrier surcharges (e.g., fuel fees) out-of-pocket. \text{Cents Per Mile (CPM)} = \frac{\text{Cash Price of
Experts from sites like NerdWallet and The Points Guy provide monthly benchmarks. Here are typical values to use as a baseline: Airline Program Average Value (per mile) "Good" Redemption Target 1.5 – 1.7¢ Southwest Airlines (Rapid Rewards) 1.2 – 1.5¢ United Airlines (MileagePlus) 1.1 – 1.2¢ Delta Air Lines (SkyMiles) 1.1 – 1.2¢ JetBlue (TrueBlue) 1.3 – 1.5¢ When to Use Miles vs. Cash What are cents-per-mile valuation? - Hyperbots Here are typical values to use as a
To determine if your redemption is a good deal, use this standard equation:
\text{Cents Per Mile (CPM)} = \frac{\text{Cash Price of Ticket} - \text{Award Taxes & Fees}}{\text{Number of Miles Required}} \times 100
: Use the current market price for the exact same flight, including all fees you would actually pay.
: Most "free" tickets still require paying government taxes and carrier surcharges (e.g., fuel fees) out-of-pocket.
Experts from sites like NerdWallet and The Points Guy provide monthly benchmarks. Here are typical values to use as a baseline: Airline Program Average Value (per mile) "Good" Redemption Target 1.5 – 1.7¢ Southwest Airlines (Rapid Rewards) 1.2 – 1.5¢ United Airlines (MileagePlus) 1.1 – 1.2¢ Delta Air Lines (SkyMiles) 1.1 – 1.2¢ JetBlue (TrueBlue) 1.3 – 1.5¢ When to Use Miles vs. Cash What are cents-per-mile valuation? - Hyperbots
To determine if your redemption is a good deal, use this standard equation: