Farm Shop Cost Calculator
Shop cost index from fleet size and annual hours.
Inputs
Results
Total annual maint. cost ($)
$78,250.00
≈ 7 years of state college
Shop overhead ($)$60,750.00
Est. repair & maint. ($)$17,500.00
Cost per machine ($/yr)$9,781.00
Cost per hour ($)$26.08
Shop cost as % of fleet12.2
How to Use This Calculator
- Enter Total Fleet Value — combined market value of all tractors, combines, and implements.
- Set Number of Machines and Total Fleet Hours per year across the entire fleet.
- Enter Shop Size (sq ft) and Building Cost ($/sq ft/yr) for depreciation, tax, and insurance.
- Enter Parts Inventory value — the on-hand stock of filters, belts, and wear items.
- Review Total Annual Maintenance Cost, Shop Overhead, Est. Repair & Maintenance, Cost per Machine/yr, and Cost per Hour.
How the result changes with Shop size (sq ft)
| Shop size (sq ft) | Total annual maint. cost ($) |
|---|---|
| 2,180 | $66,360.00 |
| 7,130 | $138,135.00 |
| 13,070 | $224,265.00 |
| 18,020 | $296,040.00 |
What each input means
- Total fleet value ($)
- Combined current market value of all farm machinery.
- Number of machines
- Total number of tractors, implements, and self-propelled equipment.
- Total fleet hours/year
- Combined annual operating hours across all machines.
- Shop size (sq ft)
- Total shop/maintenance building area in square feet.
- Building cost ($/sqft/yr)
- Annual building cost per square foot (depreciation, property tax, insurance).
- Parts inventory ($)
- Value of on-hand repair parts, filters, belts, and wear items.
What each result means
- Total annual maint. cost ($)
- Combined shop overhead plus estimated repair and maintenance costs.
- Shop overhead ($)
- Building, utilities, tools, consumables, and parts carrying costs.
- Est. repair & maint. ($)
- Estimated annual repair & maintenance using ASAE factors (~3.5% of fleet value).
- Cost per machine ($/yr)
- Average annual maintenance cost allocated per machine.
- Cost per hour ($)
- Total maintenance cost per fleet operating hour.
- Shop cost as % of fleet
- Shop overhead as a percentage of total fleet value.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersTotal fleet value ($) = 500000, Number of machines = 8, Total fleet hours/year = 3000, Shop size (sq ft) = 3000 = 6 input(s) provided
- Calculate Total annual maint. costTotal annual maint. cost = totalShopCost + estimatedRM78250 = $78,250
- Calculate Shop overheadShop overhead = annualBuildingCost + utilities + toolsCost + partsCarrying + consumables60750 = $60,750
- Calculate Est. repair & maint.Est. repair & maint. = fleetValue * 0.03517500 = $17,500
Engine last updated . Checked against 1 independently-derived test — how we verify calculators.
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