Uber / Rideshare Driver Net Earnings Calculator
Calculate net hourly earnings as an Uber or Lyft driver after commission, fuel, depreciation, and insurance.
Shows real take-home pay per hour.
Why Gross Pay Does Not Equal Your Earnings
Uber and Lyft show you gross pay — but as an independent contractor you pay your own expenses. The biggest costs are fuel and vehicle depreciation/maintenance.
Expense Estimates
- Fuel: (Miles Driven / MPG) × Gas Price per Gallon
- Vehicle Wear (maintenance + depreciation): ~$0.08 per mile (conservative estimate beyond fuel)
Net Hourly Calculation Net Weekly = Gross Weekly − Fuel Cost − Vehicle Wear Net Hourly = Net Weekly / Hours Worked
After-Tax Estimate As a self-employed driver you owe self-employment (SE) tax of 15.3% on net income, plus regular income tax. A simplified estimate for a typical driver in the 22% bracket: After-Tax Hourly ≈ Net Hourly × (1 − 0.153) × (1 − 0.22)
IRS Mileage Deduction You can deduct miles driven for work. The 2024 IRS rate is $0.67/mile. This can significantly reduce your taxable income — track every mile.
Annual Projection Annual Net = Net Weekly × 52