Heavy Equipment Hourly Cost Calculator
Hourly machine cost is the most practical metric for comparing rental rates, project bids and fleet investment. Use the calculator below to combine cost items and get instant results.
Why calculate hourly cost?
A total annual expense figure is not enough on its own: a machine that works more will naturally consume more fuel and maintenance. For a fair comparison, divide cost by working hours. Hourly cost gives a common language for project profitability, rent versus own decisions and variance analysis within a machine group.
The calculator below combines depreciation, fuel, maintenance, tyres or pads, insurance and tax, and operator cost in one view. It also shows how downtime affects the rate. Enter figures from your own fleet; results are calculated only in your browser.
Calculator
Currency
Amounts must be entered in the currency you select; no conversion is applied.
Depreciation
TRY 262.5 /hr
Fuel
TRY 756 /hr
Maintenance
TRY 100 /hr
Tyres / pads
TRY 33.33 /hr
Insurance + tax
TRY 25 /hr
Operator
TRY 85 /hr
Total hourly cost
TRY 1,261.83 /hr
Effective hourly cost with downtime
Costs that continue during downtime (depreciation, maintenance, tyres, insurance) are spread over fewer productive hours. Fuel and operator stay fixed per hour because they only accrue while the machine is working.
TRY 1,291.89 /hr
Cost breakdown
- Depreciation
- Fuel
- Maintenance
- Tyres / pads
- Insurance + tax
- Operator
Calculation runs entirely in your browser; your figures are not sent to a server.
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Request a demoHow to read the result
Total hourly cost shows direct expenses per hour while the machine is working. It is the baseline reference when preparing a rental quote or project unit rate, but it is not sufficient on its own.
Effective hourly cost with downtime spreads the same annual expense over fewer productive hours. If a large share of planned working time is lost to breakdowns, waiting for parts or weather, this figure rises noticeably.
The share of each item varies by machine type and age. On a young machine depreciation and insurance weigh more; on an older machine maintenance and fuel dominate. The breakdown bar shows which item deserves attention.
This calculator provides an indicative model; actual cost should be recorded when work orders are closed in the field. See the related guide for splitting maintenance cost into items and allocating it by machine.
Frequently asked questions
How is depreciation calculated?
Purchase price minus salvage value is divided by economic life hours. This shows capital cost per hour; your accounting depreciation method may differ.
Is fuel included in maintenance cost?
No. Fuel is kept as a separate operating expense. It is added as its own line in the hourly total; for rent comparisons both should be read together.
Why does downtime increase cost?
Expenses such as depreciation, insurance and annual maintenance continue during downtime. When productive hours fall, the same annual expense is divided by fewer hours and the hourly rate rises. Fuel and operator are not included in this increase; no fuel is consumed during downtime.
What does the currency selector do?
It only changes the symbol and number format; no exchange rate conversion is applied. Enter all amounts in the currency you select.
Related resources
How to Calculate Heavy Equipment Maintenance Cost: Items and Method
Read the maintenance cost guideModulesCost Management
Labor, parts, external service and rental posted to the machine
View moduleModulesPreventive Maintenance
Maintenance programs triggered by hour meter, calendar or both
View module