Dan Whitmer, Rewards Programs Analyst
@dan_whitmer
Airline miles are worth between 0.43 cents and 2.34 cents each, on average, depending on the airline. This means 10,000 airline miles can be worth between $43 and $234 when redeemed for award flights, which is typically the most valuable redemption option.
How Much Airline Miles Are Worth
Rewards Program | Average Mile Value | Value of 10,000 Miles |
1.36 cents | $136 | |
1.12 cents | $112 | |
1.42 cents | $142 | |
0.85 cents | $85 | |
1.57 cents | $157 | |
1.57 cents | $157 | |
1.4 cents | $140 | |
1.17 cents | $117 | |
1.16 cents | $116 | |
1 cent | $100 | |
1 cent | $100 | |
1 cent | $100 | |
2.23 cents | $223 | |
2.34 cents | $234 | |
0.43 cents | $43 |
Airline miles are usually worth the most when you redeem them for award flights. Many programs also let you use miles for hotel stays, rental cars, gift cards, or even charitable donations, but these options typically offer lower value per mile. In addition, some miles can expire or lose value if airlines increase the number of miles required for free flights, so it’s best to redeem miles regularly.
Keep in mind that a higher mile value doesn’t always mean a better loyalty program. Your overall savings depend on both the value of the miles and how many you earn. To see how airlines compare, check out WalletHub’s guide to the best airline rewards programs.
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