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Calculators/Everyday/Cost per minute
Everyday

Cost per minute calculator

Breaks a total cost down to a rate per minute, for calls, rentals, or metered time.

What this calculator does

Cost per minute works out breaks a total cost down to a rate per minute, for calls, rentals, or metered time. Enter your own figures above and the answer updates as you type: nothing is fixed in the code, so the result reflects exactly the numbers you supply.

The formula this calculator evaluates is printed under the tool and explained below, so you can check the working by hand or reuse it in a spreadsheet.

The formula

FormulaCost per minute = total cost ÷ total minutes

The inputs explained

FieldWhat to enter
Total cost ($)A number, measured in your currency. Starts at 24.
Total time (min)A number, measured in min. Starts at 40.

Worked examples

Every figure in the tables below is produced by this page’s own calculator at build time, so the numbers and the tool always agree. Select any row to load that scenario.

How the answer changes with total cost

Every other input is held at the calculator’s starting values while total cost varies. Select any row to load that scenario into the calculator.

How the answer changes with total cost
Total cost ($)Cost per minuteCost per hour (at this rate)Total cost
12$0.30$18.00$12.00
18$0.45$27.00$18.00
24$0.60$36.00$24.00
36$0.90$54.00$36.00
48$1.20$72.00$48.00
72$1.80$108.00$72.00