What do you all charge yourselves per hour (honestly) for flying your
airplanes these days?

Stu,

 

Per Hr   Direct costs.

$00.40   Oil at 1 qt every 10 hrs,$4/qt

$01.25    8 qts/change @ 40 hours & filter ($18) = $50

$27.50   AvGas 10 gph @ $2.75/gal

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$29.15

 

Hourly   Based on 250 hours flown per year

$11.40   Insurance $1M, $110K on Hull

$04.48   Hangar Common Area Assoc fees & Ins.

$00.00   Hangar bldg, worth more than I paid, Value approx $50,000

$01.20   Hangar Utilities (gas and electricity)

$03.78   Nav Data (G430), flight planner, charts & plates.

$06.00   Avionics reserve/instruments Maintenance & required checks.

$08.00   Engine Reserve, all possibilities.

$04.00   Propeller Reserve, my personal experience should raise this #.

$02.00   Annual Inspection (tires, brakes, chemicals, miscellaneous)

$00.00   General Maint and upkeep Labor costs (I do it for nothing).

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$40.86   Indirect costs

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$70.01/hr  Total costs for my 320. Honestly!

 

$55.00 per hour Dishonestly (actual money out of my pocket in a typical 250 hour year).  I figured my old Skymaster at $136/hr (its' now in Suriname).

 

Neither number adds in $90 Hamburgers, tie down fees, motel rooms, lousy dinners, car rentals, race fees, vinyl race numbers, oxygen as needed, nationwide phone service, sun lotion, EAA and AOPA fees, any unknown costs (see foot note), et cetera, et cetera........