Uber/Lyft Driver Earnings Calculator

The Uber/Lyft Driver Earnings Calculator is a free, accurate online tool designed to help you make data-driven business decisions in seconds. Just enter weekly gross earnings (from app), hours driving per week, miles per week, gas price/gallon, car mpg, extra insurance cost/week and instantly see weekly gas cost, weekly depreciation (irs $0.67/mi), net weekly earnings, true hourly wage, after-tax hourly. Whether you are pricing a product, evaluating an investment, or sizing a market, the right calculation can make the difference between profit and loss. This tool brings standard business formulas into a single, no-friction interface so you can decide faster. Under the hood, the tool applies the standard formula: True Hourly = (Gross − Gas − Insurance − Maintenance) ÷ Hours. You can see exactly how the result is derived, which is especially useful for students, professionals, and anyone who wants to learn rather than just get an answer. CalcPlanet builds every calculator to be fast, mobile-friendly, and free, with no signup required. We test results against worked examples and reference implementations so you can rely on what you see. Enter your values above to get an instant, accurate uber/lyft driver earnings calculator result, then explore the FAQs and examples below for deeper context.

What this calculator does

Calculates true hourly earnings for Uber/Lyft drivers after all real expenses.

How it works

Enter gross earnings from the app, hours driven, miles driven, and vehicle costs.

Formula

True Hourly = (Gross − Gas − Insurance − Maintenance) ÷ Hours

((weekly_gross - (miles_per_week / car_mpg) * gas_per_gallon - weekly_insurance_extra - (miles_per_week * 0.67)) / hours_per_week) * 0.70

Deducts real costs from app earnings to show actual hourly wage.

Frequently asked questions

How much do Uber drivers really make?

After all expenses, most make

2-$20/hour, significantly less than the app shows.

What expenses do drivers forget?

Depreciation, extra insurance, car washes, phone mount/charger, and self-employment tax.

Can I use the IRS mileage deduction?

Yes, $0.67/mile in 2026. This often covers gas, maintenance, and depreciation.

Is Uber worth it part-time?

Often better part-time during surge hours (Friday/Saturday nights) than full-time.

How much for taxes?

Save 25-30% of net earnings for self-employment and income tax.

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