Mileage Rate 2024 Nc. 1, 2024, the standard mileage rate for the use of a car (also vans, pickups or panel trucks) will be: Standard rate for the use of a car (also vans, pickups or panel trucks) increased from 58.5 cents per mile to 62.5 cents per mile, and the medical or moving purposes rate.
The 2024 mileage rate applies to all miles you drive starting january 1, 2024 through december 31. Effective january 1, 2024, the office of state budget and management (osbm) increased the travel mileage reimbursement rate for official university business from 65.50 cents to 67 cents.