A mile is over 60 thousand inches!
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A mile is hugely bigger than 500 inches. 500 inches would only be about 0.7% of a mile.
Much greater
1 mile is better.
One mile is equal to 1760 x 3 x 12 = 63360 inches. Therefore, 500 inches is equal to 500/63360 = 0.0078914 recurring (that is, 0.0078914141..) miles.
500 inches is 20 inches longer than 40 feet.