Uber Net Pay Calculator (Profit, Not Revenue)

If you’re doing Uber (or any gig driving), your gross earnings are not your pay.

This calculator method gives you a realistic net number you can plan with.

Why it matters

If you assign gross to bills, you’ll feel broke even on a “good” week. Net keeps your plan honest.

Step‑by‑step calculator

1) Start with gross earnings

Take your weekly gross from the app.

Example: $600 (rounded)

2) Subtract variable driving costs (gas)

A simple estimate:

• miles driven ÷ mpg = gallons
• gallons × gas price = fuel cost

Example:

• 450 miles ÷ 30 mpg ≈ 15 gallons
• 15 × $3.20 ≈ $48

3) Set aside taxes (rule‑of‑thumb)

This varies by situation. A rough starting point if you’re not already setting aside:

• 20% of (gross − gas)

Example:

• $600 − $48 = $552
• 20% ≈ $110

4) Account for vehicle wear (maintenance/depreciation)

Two simple options:

Simple: $0.10–$0.20 per mile

Example: 450 × $0.15 = $67.50

5) Your estimated net

Example:

• Gross: $600
• Gas: −$48
• Taxes set‑aside: −$110
• Wear: −$68

Estimated net: ~$374

That’s the number you can safely assign toward a goal.

Example: assign it to momentum

• $100 buffer
• $150 toward minimums
• $124 to remove one small payment

Even a “small” week can create a future win.

Checklist

• Gross earnings recorded
• Gas cost estimated
• Taxes set aside
• Wear estimated per mile
• Net assigned to a specific outcome

Common mistakes

• Treating reimbursements and bonuses as “extra” without deducting costs
• Ignoring wear/maintenance because it’s not a cash expense today
• Paying bills from gross and getting trapped in shortfalls

Mini FAQ

Should I use IRS mileage? It’s fine for taxes, but for planning I prefer a simpler per‑mile estimate so I can move quickly.

What if gas price changes? Update it weekly. The whole point is to stay honest.

Do I need to track every trip? No. Weekly totals are enough to make good decisions.

Next steps

• Start the overall system: Start Here
• Turn income into weekly control: Weekly Money Dashboard
• Understand the debt trap: Minimum Payments Trap
• Grab the free toolkit: Toolkit