Calculate farm equipment ownership cost, operating cost, hourly machinery cost, cost per acre, depreciation, repairs, fuel, labor, and total equipment cost. Use this equipment cost calculator for tractors, combines, planters, sprayers, tillage tools, and other farm machinery.
Ownership cost:
The calculator estimates depreciation, interest, insurance, housing, and other fixed machinery costs.
Operating cost:
Fuel, lube, repair, labor, and other hourly costs are added to estimate variable equipment cost.
Hourly cost:
Total annual equipment cost is divided by annual machine hours.
Cost per acre:
Hourly cost is divided by field capacity to estimate equipment cost per acre.
An equipment cost calculator helps estimate the true cost of owning and operating farm machinery.
It can help compare machinery purchases, custom rates, ownership costs, operating costs, fuel use, field capacity, cost per acre, and total job cost.
Your result shows estimated annual ownership cost, annual operating cost, total annual equipment cost, hourly cost, cost per acre, job cost, depreciation, fuel cost, repair cost, labor cost, and cost breakdown. These are estimates based on the values you enter.
Add annual ownership cost and annual operating cost, then divide by annual use hours. This gives an estimated hourly machinery cost.
Divide the total hourly equipment cost by field capacity in acres per hour. For example, a $150 hourly cost and 15 acres per hour equals $10 per acre.
Ownership cost usually includes depreciation, interest or capital cost, insurance, housing, taxes, and other fixed costs.
Operating cost usually includes fuel, lube, DEF, repairs, maintenance, labor, wear parts, and other variable expenses tied to machine use.