How Much Does a Private Jet Cost? 

Private jets cost between $2 million to over $100 million.

Owning a private jet has ongoing costs like crew salaries, maintenance, hangar rental, and insurance.

Alternatives to owning a jet include charter services, partial ownership, and private jet club memberships.

Chartering a private jet costs from a few thousand to over $10,000 per hour.

Buying a jet is justified if you fly more than 240 hours a year.

The type of travel and frequency affects whether it's worth buying a jet.

Owning a jet involves extra costs like maintenance, unforeseen repairs, and parking.

Annual operating costs for a jet are around $500,000 to $1 million.

Used private jets are cheaper, costing as low as $200,000.

The cheapest new private jet costs $2 million, but used ones can be much less.