: Use the current market price for the exact same flight, including all fees you would actually pay.
: If the resulting number is higher than your airline's average mile value, it is generally better to use miles. Average Mile Valuations (2024–2026) use miles or buy ticket calculator
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 : Use the current market price for the
: Most "free" tickets still require paying government taxes and carrier surcharges (e.g., fuel fees) out-of-pocket. Here are typical values to use as a
\text{Cents Per Mile (CPM)} = \frac{\text{Cash Price of Ticket} - \text{Award Taxes & Fees}}{\text{Number of Miles Required}} \times 100