Meeting cost
Meeting cost: use participants, average hourly cost per person, duration. Review the formula, worked example and calculation steps.
Inputs
Use the units shown—
Enter your values and select Calculate.
Formula & explanation
Cost = participants × hourly cost × minutes/60
Variables & units
- Participants
- Numeric value · minimum 1, maximum 10000
- Average hourly cost per person
- currency/hour · minimum 0, maximum 1000000000000
- Duration
- min · minimum 0, maximum 1000000000000
Worked example
6 people at30/hour for1 hour costs180.
Assumptions
Uses a supplied average labor cost; opportunity cost and overhead are not inferred.
Formula version 1.0.0. JavaScript floating-point arithmetic applies. Results display up to 6 decimal places; stored values retain available precision. Use the units shown.
Practice with an example
Use the default input values to find the answer. The reset icon restores those values.
Calculated on your device. Your latest 100 calculations stay in this browser.