Meeting Cost Calculator
Quantify the financial impact of recurring meetings to prioritize agendas, guest lists, and async alternatives.
Use fully loaded rate including benefits if available.
Enter 0 for one-off meetings.
Add extra costs (software, facilities) or set to 0 if not needed.
Meeting Cost Overview
Cost per meeting
$528
Weekly cost
$1,056
Annual cost
$54,912
How to Use This Calculator
Count everyone invited
Include decision makers, optional attendees, and recurring guests to capture the full cost.
Use loaded hourly rates
Multiply salary by 1.2–1.4 to include benefits, taxes, and overhead. Alternatively use billable hourly rates.
Evaluate recurring meetings
Multiply per-meeting cost by frequency to see annual impact. Identify which meetings merit agendas, async updates, or cancellation.
Formula
Cost per Meeting = Attendees × Length (hours) × Hourly Cost × (1 + Overhead%)
Weekly Cost = Cost per Meeting × Meetings per Week
Annual Cost = Weekly Cost × 52
Example: 8 people × 1 hour × $55 with 20% overhead → $$528 per meeting. Twice per week costs $1,056 weekly and $54,912 annually.
Tips to Cut Meeting Costs
Meetings are necessary but often bloated. Use cost visibility to keep them focused and valuable.
- Send agendas beforehand and end when decisions are made.
- Invite only essential contributors; share notes with others asynchronously.
- Experiment with shorter default durations (25 or 45 minutes).
- Bundle related topics into one meeting to reduce context switching.
Frequently Asked Questions
Should I include preparation time?
Yes. Add prep hours to the meeting length or overhead so the cost reflects total effort, not just time in the room.
How do I handle external participants?
Use their billable rate or estimate cost based on contract terms. The goal is to quantify the value of everyone’s time.
Can I use different hourly rates per attendee?
For a precise model, average the rates or calculate separate groups (execs vs. individual contributors) and sum the results.
What about virtual meetings?
The cost framework is the same. Optionally add software or hardware rental fees to the overhead percentage.