Cost per Hour Calculator
Use this free Cost per Hour Calculator to determine how much each hour of work costs your organization. Enter total cost and total hours worked to calculate hourly cost.
Cost per Hour Calculator
How Cost per Hour is Calculated
Cost per Hour = Total Cost ÷ Total Hours Worked. It’s used to track efficiency, cost allocation, and profitability.
Example
If your project cost $10,000 for 400 hours of work, hourly cost = $10,000 ÷ 400 = $25/hour.
This calculates an average project cost per hour, not necessarily an employee wage or billable hourly rate. Results depend on the costs and work hours included.