To calculate the value of your airline miles, you would have to consider your redemption options, the kinds of seats available (if you're redeeming your miles for plane tickets) and where you're traveling. (smartasset.com)
The value of airline miles will vary from itinerary to itinerary. (valuepenguin.com)
We repeated this process across multiple itineraries and then calculated an average of all itineraries to get a single number for the value of an airline mile. (valuepenguin.com)