Machinery Economics Tool

Equipment Cost Per Hour

Calculate true ownership and operating costs per hour, per acre, and by annual utilization level.

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Equipment name

Purchase price ($)

Salvage value ($)

Years of ownership

Annual hours of use

Interest rate (%)

Insurance rate (%/yr)

Housing rate (%/yr)

Repair rate (%/yr)

Fuel type

Fuel consumption (gal/hr)

Fuel price ($/gal)

Operator labor ($/hr, optional)

Working width (ft)

Field speed (mph)

× Clear saved inputs

Total Cost / Hour $0.00

Cost / Acre N/A

Acres / Hour N/A

Annual Fixed Cost $0.00

Fuel type: Diesel

Line Item	$/hr

Utilization Level	Hours/Year	Total Cost $/hr