Budget | Average | Luxury | |
Aircraft cost | $25000 | $75000 | $125000 |
Monthly Payment @ 6.0% | $179.11 | $537.32 | $895.54 |
Tie-Down or Hangar per Month | $75 | $300 | $440 |
Insurance per Year Estimated | $1,200 | $1,500 | $2,000 |
Annual inspection | $1,000 | $1,200 | $1,700 |
Total Annual Cost | $5,249 | $12,748 | $19,726 |
Fuel Burn per Hour | 8 | 10 | 12 |
Fuel Cost per Gallon | $5.19 | $5.19 | $5.19 |
Fuel Cost per Hour | $41.52 | $51.90 | $62.28 |
Engine Overhaul Cost | $ 20,000 | $25,000 | $35,000 |
Engine Reserver per hour | $8.33 | $10.42 | $14.58 |
Prop Overhaul Cost | $450.00 | $450.00 | $2,500.00 |
Prop Reserve per Hour @ 2,000 TBO | $0.19 | $0.19 | $1.04 |
Oil Change Cost per Hour | $1.50 | $2.00 | $3.00 |
Maint Cost per Hour | $10.00 | $10.00 | $15.00 |
Avionics Per Hour | $1.00 | $2.00 | $3.00 |
Total Hourly Costs | $62.54 | $76.50 | $98.91 |