With the new modern electronic clutch fans, they pretty much shut off after you get the vehicle up to about 20 MPH and when it is sitting at a stop light, it really doesn't use any power at all - because at idle the engine still probably produces 100 HP if all 8 cylinders are firing on a 5.3
A drop in K&N airfilter will do nothing for the mileage, due to the fact that I was ******* several of the vehicles that I owned and none of them ever had a air filter go bad. Not even after 100,000 miles of running on dirt roads .
I would warn you against using a K&N airfilter. The people in the stock car racing world will tell you that the problem with the K&N air filter is that it is too course and let's dirt in and when the filter fails it gets holes in it and then it allows even more dirt into the engine.
Most Nascar teams will tell you that all they run on their $40,000 race engines is a WIX. Basically a 14 inch Ford Style air filter. The dirt late model engine builders will tell you that all they use is two Wix air filters, one stacked on top of the other. They use them one night and then they throw them away.
Let's say a performance air intake kit is $150 - $250
At a increase of about 1 MPG over a stock air intake and a gas mileage base line of about 15 miles per a gallon and fuel at $2.75 a gallon. You would have to drive about 20,000 miles before you even saw a profit. You are better off not buying the kit and just paying the extra $4 per a tank for the fuel.