Flying can be expensive!
Flight schools typically charge about $10,000 for instruction required to become a Private Pilot. The new Sport Pilot certificate is less expensive, at about $6,000, but still not cheap. You can fly an Ultralight aircraft that doesn't require a pilot certificate, but you still should get training, typically about $2,000, to be a safe pilot.
Then there's the cost of going flying. The typical pilot spends about $10,000 a year on aviation including aircraft loans, insurance, hangar rental, fuel, required annual maintenance, training, and memberships. To keep "current" on skills and experience, many general aviation pilots come up with excuses to go flying, such as flying to a distant airport for what's referred to as a "hundred-dollar hamburger."
Aircraft aren't cheap, either. A new four-seat airplane costs $150,000 or more. A two-seat Light Sport Aircraft (LSA) typically is more than $100,000. Even used aircraft that are older than their pilots can cost $25,000 or more.
What's the solution for bringing down the cost of going up?
Manage your budget wisely. A small general aviation (GA) aircraft costs about the same to own and enjoy as an RV or a nice boat. My latest book, THE FRUGAL PILOT: How to Fly on a Budget, offers hundreds of smart, money-saving tips on how to fly safely and economically -- including how to partner in a plane or join a flying club. THE FRUGAL PILOT is available as a Print Book or download it to your Kindle eBook Reader. It has hundreds of money-saving tips for bringing down the costs of going up!
What makes an airplane fly? Money!
Who gets the most flying for their money? A Frugal Pilot!
--Dan Ramsey, the Frugal Pilot™