How much does a single-engine airplane cost?

Used single-engine piston aircraft range from $18K for a basic Cessna 150 to $700K+ for a new Cirrus SR22T. The most popular models — Cessna 172 Skyhawk ($50K-$150K), Piper Cherokee ($40K-$100K), and Cessna 182 Skylane ($80K-$200K) — offer the best balance of price and capability. Glass cockpit aircraft command a $30K-$80K premium over steam gauge versions.

What is the best first airplane to buy?

The Cessna 172 Skyhawk is the most popular first airplane — forgiving handling, low operating costs ($100-$140/hr), widely available parts and training. A good used Cessna 172 costs $50K-$120K. The Piper Cherokee PA-28 ($40K-$90K) and Diamond DA40 ($120K-$220K) are also excellent choices for new owners looking for reliable, easy-to-fly aircraft.

How much does it cost to own a small airplane?

Budget $12,000-$25,000 per year at 100 flight hours, including fuel ($4,500-$7,000 at $6/gal), hangar ($2,400-$6,000 depending on region), insurance ($1,500-$3,000), annual inspection ($1,500-$3,000), and maintenance reserves ($2,000-$5,000). Total hourly cost works out to $120-$250/hr depending on the aircraft type and how much you fly.

What is the cheapest airplane to buy and fly?

The cheapest airplanes to buy are Cessna 150/152 trainers ($18K-$45K) and older Piper Cherokee 140 models ($25K-$50K). Operating costs run $80-$120/hr. For a four-seater, the Cessna 172 offers the lowest total cost of ownership. Luscombe, Aeronca Champ, and Piper J-3 Cub are even cheaper to operate but carry only two people.

Single engine piston vs. multi engine — which should I buy?

For most private owners, a single-engine piston offers lower purchase price (50-70% less), lower operating costs (single engine overhaul vs. two), lower insurance, and simpler maintenance. Multi-engine aircraft provide engine redundancy but require a multi-engine rating and have higher total costs. A Cirrus SR22 with CAPS parachute offers comparable safety to a light twin at half the operating cost.