What is the cost to hangar an airplane?

How much does it cost to hangar an airplane?  In Houston Texas, for an average size single engine general aviation airplane, such as, a Cirrus SR22 the annual expense for hangar space is about $5,445.

Aircraft hangar and Piper Cub airplane, photo credit wikiWings
Aircraft hangar and Piper Cub airplane, photo credit wikiWings

For a Cirrus airplane, it’s not good to use a tie-down or covered parking for extended time.  The airplane just doesn’t need to be exposed to the elements when not in use.

In a shared aircraft ownership, typically only two categories of airplane operating expense are needed: “fixed expense” and “variable expense.”  The cost for hangar space would be categorized as a “fixed expense.”  A fixed cost would normally be split equally among members because it’s not calculated into the hourly operating rate and it shouldn’t be.  A fixed expense can be incurred regardless of the number of hours the plane is flow.

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