How much does it cost to own a Cessna 172 per year?

How much does it cost to own a Cessna 172 per year?

Based on 450 annual owner-operated hours and $5.00-per-gallon fuel cost, the CESSNA 172R has total variable costs of $50,400.00, total fixed costs of $21,770.00, and an annual budget of $72,170.00. This breaks down to $160.38 per hour.

How much does it cost to own and fly a Cessna 172?

In the same AOPA example, the owner just bought a 1975 Cessna Skyhawk and was quoted an annual premium of $1,200/year; however, after comparing a few quotes for myself, owners of the new Cessna 172 Skyhawk aircraft can expect to pay anywhere from $5,000-$10,000 on average per year.

How much does it cost to own and maintain a Cessna?

The Bottom Line Many costs factor into the economics of small aircraft ownership. On average, a $75,000 financed Cessna winds up costing $200 per hour, if flown 100 hours per year, with $80 going toward fuel, oil and maintenance. Similar aircraft may be rented for about $125 per hour.

How much does it cost to insure a Cessna 172?

For qualified pilots the Cessna 172 Insurance Cost typically ranges between $150-$250 per year for $1,000,000 in Liability Only coverage. Adding hull coverage in the amount of $50,000, for example, increases the annual premium range to between $450-$1,100 total.

How much does it cost to land a small plane at an airport?

Landing fees vary by airport and usually depend on the size and weight of the aircraft. Expect fees to be in the $100 to $500 range. Sometimes these fees are waived if your aircraft is refueling at the airport. The fees are used to maintain runways and airport buildings.

How much does it cost to fill up a Cessna?

The Cessna 172 burns about 7-9 gallons per hour with Avgas typically costing about $6 per gallon, hourly fuel costs for the Cessna Skylane run between $42 and $54 per hour.

How much does a major overhaul cost for a Cessna 172?

Cessna 172 overhaul @ $17,000 divided by the TBO (estimated time between overhauls) of 2000 hours = $8.50 per hour. Note: the factory remanufactured engine cost is $27,000.

How much does it cost to store a Cessna?

Full Cost Breakdown At a Glance

Expense	Cost Per Year
Hangar (Storage Cost)	$3,600
Maintenance	$200,000
Aircraft Cleaning	$4,800 (optional)
Aircraft Management Fee	$120,000 (optional)

How much does it cost to rebuild a Cessna 172 engine?