Meeting Cost Calculator: How to Estimate the Real Cost of Meetings
Estimate the cost of a single meeting or recurring meetings using attendee salaries and duration. One-time or recurring (daily, weekly, monthly, quarterly, annual). All calculations run in your browser.
How meeting cost is calculated
How meeting cost is calculated
- The formulaMeeting cost is the combined hourly rate of all attendees times the meeting length in hours. In symbols:
where Rtotal is the sum of each attendeeโs hourly rate and t is the meeting length in hours. To get hourly rate from annual salary, divide by 2,080 (standard paid hours per year). For weekly pay, divide by 40; for monthly, multiply by 12 then divide by 2,080.
- Salary to hourly conversionThe calculator uses a 2,080-hour year (40 hours ร 52 weeks). So:
For example, $65,000 per year is about $31.25 per hour. Weekly pay is divided by 40; monthly is converted to annual (ร 12) then divided by 2,080 so every input is comparable.
- Why 2,080 hours?2,080 is the standard number of paid hours per year for a full-time employee in the US and is widely used in HR and finance for salary-to-hourly conversion. The tool uses the same convention for all salary periods so results stay consistent.