Equipment Rental Cost Calculator

Daily, weekly, and monthly equipment cost comparison.

Daily Rental Rate ($)

Weekly Rental Rate ($)

Monthly Rental Rate ($)

Total Days Needed

Operating Hours / Day

Fuel Cost / Hour ($)

Operator Required (0/1)

Operator Hourly Rate ($)

Tab to move between fields

Optimal Rental Cost ($)

$3,000

Total Equipment Cost ($)

$17,080

Total Fuel Cost ($)$4,400

Operator Labor Cost ($)$9,680

Total Operating Hours176

Cost / Operating Hour ($)$97.05

How to Use This Calculator

Enter the daily, weekly, and monthly rental rates from the equipment supplier's quote.
Enter the number of calendar days the equipment will be on site.
Set the average operating hours per day and the fuel or energy cost per operating hour.
Indicate whether a dedicated operator is required (1 = yes) and enter their burdened hourly rate.
Read the optimal rental cost (calculator selects daily, weekly, or monthly combination for lowest cost), plus fuel, operator, and total equipment cost.

Ad Placeholder

Related Calculators

Payment and performance bond premium from contract value.

Appropriate contingency percentage from project risk assessment.

Work hours per unit from crew composition and conditions.

Mobilization and demobilization cost from distance and scope.

Ad Placeholder