Meeting Cost Calculator

Calculate the true cost of meetings based on attendee salaries and duration. See annual cost of recurring meetings.

By Konstantin Iakovlev · Updated April 2026 · Source: SBA — Business Guide

$

Total Meeting Cost

$288.46

Cost per Minute

$4.81

Annual Cost (weekly)

$15,000.00

This meeting costs

$4.81/min

Meeting Cost Breakdown

Attendees6
Avg Hourly Rate$48.08
Duration60 minutes
Total Meeting Cost$288.46
Cost per Attendee$48.08
Cost per Minute$4.81
If Weekly (annual cost)$15,000.00

Use the Meeting Cost Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

How It Works

Every meeting carries a price tag that rarely shows up on any invoice, yet it draws directly from payroll. By combining attendee salaries with the time spent in the room, this tool turns that invisible drain into a concrete dollar figure. The number matters more each year: with average salaries projected to climb 4.2% in 2026, the same recurring meeting quietly grows more expensive, and seeing the total in advance gives teams a real basis for trimming the calendar.

The math runs in stages. Each person's annual salary is divided by 2080 working hours, the product of 52 weeks at 40 hours, to yield an hourly rate. That rate is multiplied by the length of the meeting in hours and by the number of people attending. When a meeting repeats on a schedule, multiplying the per-session total by how often it occurs over a year exposes the full annual outlay.

Short, frequent meetings are where the surprises hide. Thirty minutes with a handful of well-paid people stacks up far faster than most managers expect once it lands on the calendar week after week. Count everyone who actually sits in, not only the people doing the talking, since silent participants cost exactly as much as anyone else. Treat the figure here as the direct labor cost alone; the work that went undone during the meeting is a separate, often larger, expense worth weighing.

Example: Weekly Project Update Meeting

  1. 1 Imagine a weekly project update meeting involving 5 team members. Their average annual salary is $85,000, and the meeting typically lasts 45 minutes.
  2. 2 First, the average hourly cost per attendee is $85,000 / 2080 hours = $40.87. For a single 45-minute (0.75 hour) meeting with 5 attendees, the cost is $40.87 * 0.75 * 5 = $153.26. Annually, this weekly meeting costs $153.26 * 52 weeks = $7,969.52.
  3. 3 The true annual cost of this weekly project update meeting is approximately $7,969.52.
  4. 4 This figure highlights the significant financial investment in recurring meetings. By being aware of this cost, you can justify the meeting's value, explore ways to shorten its duration, or consider alternative communication methods to achieve the same objectives more efficiently.

Source: SBA — Business Guide · Last updated: April 2026

Frequently Asked Questions

How much does a meeting really cost?
A one-hour meeting with 8 people earning an average of $75/hour costs $600 in salary alone, plus opportunity cost of lost productive work. A company with 10 recurring weekly meetings of this size spends over $300,000/year on meetings.
How do I calculate the cost of a meeting?
Sum each attendee's hourly rate (annual salary / 2,080), multiply by meeting duration in hours, and add overhead costs. For fully-loaded cost, multiply salaries by 1.3-1.5x to account for benefits and overhead.
How can I reduce meeting costs?
Limit attendees to essential people only, set and enforce time limits, require agendas, make meetings 25 or 50 minutes instead of 30 or 60, replace status updates with async tools, and audit recurring meetings quarterly to eliminate unnecessary ones.