Meeting Cost Calculator
Calculate the true cost of a meeting based on attendees, hourly rates, and duration.
Make every meeting count.
Meeting Cost
Meeting cost quantifies the financial investment of bringing people together.
Total Cost = Number of Attendees × Average Hourly Rate × Duration (hours)
Cost per Minute = Total Cost / (Duration × 60)
Why this matters:
- A 1-hour meeting with 10 people at $50/hour costs $500
- If that meeting runs weekly, it costs $26,000/year
- The average professional spends 23 hours/week in meetings
Tips for cost-effective meetings:
- Cut the guest list — only invite essential participants
- Set a timer and stick to the agenda
- Stand-up meetings naturally stay shorter
- Async alternatives (email, Slack, recorded video) can replace many meetings
- 15 or 25 minutes instead of 30 or 60 can save significant costs