The Piper M500 has a variable operating cost of $967 per hour. It offers a range of 225 nautical miles and cruises at a normal speed of 235 knots (270 mph), with an average fuel burn of 48 gallons per hour. The cabin of the M500 measures 3’10” high, 4’2″ wide, and 12’3″ long, delivering 201 cubic feet of interior volume. Designed to accommodate up to 6 occupants, including the pilot, the aircraft features a pressurized, luxurious cabin with executive seating for a refined and comfortable flying experience. Requiring only 2,700 feet for takeoff and 2,900 feet for landing, the M500 excels in short-runway operations while maintaining impressive cruise efficiency, making it a smart choice for operators seeking performance, comfort, and versatility in a single-engine turboprop.
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					 Description 
							
			
			
		
						
				Piper M500 | Aircraft Ownership & Operating Costs Calculator
					 General Specifications 
							
			
			
		
						
				Typical Seating Capacity
									1								
				/
									5								
				Seat Full Range
									225								
				/
									259								
				Normal Cruise
									235								
				/
									270								
				Avg Pre Owned Price
									2263393								
				Cost Per NM
									4								
				
					 Sample Budget 
							
			
			
		
						
				Piper M500
Sample Budget
| Annual Owner Hours | 200 hours per year | 325 hours per year | 
|---|---|---|
| Mileage | 45000 NM | 73125 NM | 
| Fuel Cost | $60000 | $97500 | 
| Total Fixed Cost | $206700 | $206700 | 
| Total Variable Cost | $193400 | $314275 | 
| Total Hourly Cost | $2000 | $1603 | 
					 UTILIZATION LEVELS 
							
			
			
		
						
				Typical Seating Capacity
									45000								
				Total Hrs
									45000								
				Mileage for Owner Hours (NM)
									45000								
				
					 HOURLY VARIABLE COST 
							
			
			
		
						
				
					 ANNUAL FIXED COST 
							
			
			
		
						
				
                                    $
                                
                                
                                    370,000
                                
                            
                                    $
                                
                                
                                    40,800
                                
                            
                                    $
                                
                                
                                    $
                                
                                
                                    $
                                
                                
                                    108,000
                                
                            
                                    $
                                
                                
                                    $
                                
                                
                                    610,000
                                
                            
                                    $
                                
                                
                                    503,813
                                
                            
                                    $
                                
                                
                                    106,188
                                
                            
					 ANNUAL VARIABLE COST 
							
			
			
		
						
				
                                        28,375
                                    
                                
                                        $
                                    
                                    
                                        177,344
                                    
                                
                                        $
                                    
                                    
                                    
                                        72,000
                                    
                                
                                            27,625
                                        
                                    
                                            44,375
                                        
                                    
                                            0
                                        
                                    
                                            0
                                        
                                    
                                            72,000
                                        
                                    
                                        $
                                    
                                    
                                        98,750
                                    
                                
                                        $
                                    
                                    
                                        40,625
                                    
                                
                                        $
                                    
                                    
                                        388,719
                                    
                                ANNUAL BUDGET
                                        $
                                    
                                    
                                        494,906
                                    
                                MONTHLY BUDGET
                                        $
                                    
                                    
                                        41,242