Technology

Budgeting Your Business: How Much Does a Crane Rental Cost?

If you need to carry heavy equipment and machinery off the ground and into high areas, a crane makes the tasks more manageable. Cranes are used to lift heavy machinery and are mainly used in the shipping and construction industry.

If you need a crane for a task, but you’re not going to be using it all the time, you may consider a crane rental.

If you’ve never rented a crane, you’re probably wondering about the cost. To help you budget, these are all the factors that affect the price of a crane rental.

Type of Crane

One of the factors that can influence the cost of renting a crane is the type of crane. Some cranes are built to move smaller machinery, while others are made for large machinery and products.

The types of cranes include tower cranes, mobile cranes, telescopic cranes, truck cranes, loader cranes, and floating cranes. You can learn about more types of cranes at shannahancrane.com.

Generally, the cranes that can move heavier machinery will be more expensive.

Size of Crane

The size of the crane also matters. The size includes both the dimensions of the crane and the number of tons it can lift.

For example, a crane with a 73′ inch height that can lift about 14 tons will cost about $100 per hour. A crane with a 164-inch height that can lift 600 tons will cost around $825 per hour. Most other types of canes will fall somewhere between these ranges.

Length of Rental

A crane rental company will also adjust the cost based on how long you’re renting the crane. A one-day rental will likely cost a minimum of $1,000 and about $10,000 for a month.

Take the total project time into consideration beforehand, so you’ll know exactly how long you need the crane.

Operator Cost

If you’re already a licensed crane operator, you won’t have to worry about the operator cost. But, because most people aren’t, it’s another fee you’ll have to consider.

Crane rentals don’t come with an operator, so if you’re not licensed to operate the machinery, then you’ll have to hire an operator. Operator costs range from around $50-$100 an hour.

If you want your project running for more than 8 hours a day, you’ll have to hire multiple operators.

Extra Costs/Fees

Nobody likes surprise fees and costs. With crane rentals, you should also consider the cost of building permits, shuttling fees, and flagger fees.

Flagger fees are the cost of hiring someone to work with the operator to safely guide them through the project. In most cases, a flagger is mandatory.

Shuttling fees represent the cost to shuttle the operator into town if he is located further away.

Now You Know Price of a Crane Rental

These are all the major factors to consider when it comes to a crane rental. Though crane rentals aren’t cheap, they are worth it for specific tasks that would be impossible otherwise.

Before renting any crane, be sure to research the crane rental service for reviews. This can prevent wasted money and resources and ensure you have the best experience possible.

And for more helpful tips on machinery and other business products, be sure to check out the rest of our blog. We have a bunch of other helpful reads that you’re sure to love!

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