Excavator Rental Prices per Hour in 2024

  •   Sep 2023  •   6 min read  •   Comment

Excavator Rental Prices per Hour – The rental price of an excavator per hour can vary depending on various factors such as the type of excavator, the rental duration, and the location of the rental company.

Generally, the larger and more advanced the excavator, the higher the hourly rental rate.

As an estimate, the rental price of a small excavator (such as a mini-excavator) can range from $50 to $150 per hour, while a larger excavator can range from $150 to $500 or more per hour.

It’s important to note that rental rates can vary significantly depending on the specific model, age, and condition of the excavator.

Therefore, it’s always a good idea to compare rates from multiple rental companies and to review the rental agreement carefully to understand any potential fees or additional costs.

How Much Excavator Rental Prices per Hour by Its Function ?

Excavator Rental Prices per Hour

There are two types of excavator rental packages: dry rental and wet rental.

Dry hire price includes excavator rental and operating costs.

On the other hand, the wet rental fee only covers the rental fee and you have to hire an operator separately.

The excavator rental rate is calculated by multiplying the cost of the equipment by the monthly amount x 5% x 13 x 80%, which indicates the annual amount the rental company is trying to make.

So, knowing the excavator price, you can determine the ideal rental. But if you want to skip the math, the table below shows average excavator rental prices by size.

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Average Costs of Dry Hiring per Hour

Here is the price list of average costs of dry hiring per hour:

Excavator WeightAverage Costs of Dry Hiring per Hour 

(Excluding the Goods and Service Tax)

1 to 2 TonneUSD 40
3 to 4 TonneUSD 50
5 to 6 TonneUSD 55
7 to 9 TonneUSD 60
9 to 10 TonneUSD 65
12 to 14 TonneUSD 70
15 to 19 TonneUSD 75
20 to 25 TonneUSD 90
26 to 30 TonneUSD 105
30 to 35 TonneUSD 120
36 to 40 TonneUSD 165
Uo to 50 TonneUSD 180

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Average Costs of Wet Hiring per Hour

Here’s the price list average costs of wet hiring per hour:

Excavator WeightAverage Costs of Wet Hiring per Hour 

(Excluding the Goods and Service Tax)

1 to 2 TonneUSD 115
3 to 4 TonneUSD 120
5 to 6 TonneUSD 125
7 to 9 TonneUSD 130
10 TonneUSD 135
12 to 14 TonneUSD 140
15 to 19 TonneUSD 140
20 to 25 TonneUSD 170
26 to 30 TonneUSD 180
30 to 35 TonneUSD 190
36 to 40 TonneUSD 225
Up to 50 TonneUSD 270

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How Much Excavator Rental Prices per Hour by Its Size ?

Excavator Rental Prices per Hour

Heavy equipment rental rates are based on hourly rates with a minimum of 6 hours.

A minimum hourly rental rate is required to cover fuel, transport, operator and delivery costs.

Additionally, most projects that require our heavy equipment typically take up to 6 hours or more.

This is almost eight hours a day of work.

The hourly rate depends on the type of equipment you rent.

Kuotabisa.com offers mini excavators, skid steer loaders and skid steer loaders by the hour.

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Mini Excavators

Mini excavators are ideal for small to medium sized excavating operations as well as larger excavating operations where site space is limited and large excavators cannot be accommodated.

These mini excavator hourly rental rates include driver, mini excavator and hydraulic thumb.

These mini excavator has a paint discount of 50%.

  • John Deere 17D Mini-Excavator: $80/hour for a minimum of 6 hours
  • John Deere 27D Mini-Excavator: $90/hour for a minimum of 6 hours
  • John Deere 35D Mini-Excavator: $90/hour for a minimum of 6 hours
  • John Deere 50D Mini-Excavator: $110/hour for a minimum of 6 hours

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Skid Steers

Skid steer loaders are used to move loose soil, rocks, sand, snow, building materials, and debris anywhere on commercial/industrial or residential properties.

You can level the land, build fences, do landscaping projects and even load dump trucks.

A skid steer loader hourly rate includes machine, operator and fuel.

Skid steer rental fee is 50% discount price.

  • John Deere 313D Skid Steer: $85/hour for a minimum of 6 hours
  • John Deere 315D Skid Steer: $85/hour for a minimum of 6 hours
  • John Deere 317D Skid Steer: $85/hour for a minimum of 6 hours
  • John Deere 318D Skid Steer: $95/hour for a minimum of 6 hours
  • John Deere 320D Skid Steer: $95/hour for a minimum of 6 hours
  • John Deere 325D Skid Steer: $95/hour for a minimum of 6 hours
  • John Deere 326D Skid Steer: $100/hour for a minimum of 6 hours
  • John Deere 328D Skid Steer: $100/hour for a minimum of 6 hours
  • John Deere 332D Skid Steer: $100/hour for a minimum of 6 hours

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Compact Track Loader

A compact track loader can do the same job as a skid steer loader.

However, these machines have highly buoyant rubber tracks instead of wheels.

The compact track loader is ideal for projects in poor ground conditions and delicate surfaces such as sidewalks and driveways.

So you can move materials and debris or use machines to level the land.

  • John Deere CT315 Compact Track Loader: $95/hour for a minimum of 6 hours
  • John Deere 319D Compact Track Loader: $95/hour for a minimum of 6 hours
  • John Deere 323D Compact Track Loader: $105/hour for a minimum of 6 hours
  • John Deere 329D Compact Track Loader: $105/hour for a minimum of 6 hours
  • John Deere 333D Compact Track Loader: $115/hour for a minimum of 6 hours

Excavator Travel Expenses

Excavator Rental Prices per Hour

Dry Hire rental fee does not include travel expenses. Because we need to assign people individually to bring the excavator to the customer’s location. However, for wet rentals, the operator must travel with the excavator and pay an additional fee depending on how far the work site is from the rental company.

These transportation costs are measured in hourly rates and in wet employment, you should check the cost with the rental company.Generally, the hourly rate for backhoe operators is $20 to $50.

Although excavators are essential to construction work, purchasing an excavator is impractical for many construction companies. You only need to use the excavator for a limited amount of time, and renting it is a much more budget-friendly option.

Midsize excavators cost between $100,000 and $200,000, far beyond the budget of most construction projects. Smart builders choose to rent instead.

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Conclusion

The question “How much does drilling cost per hour?” has been answered.

Now you can easily compare prices from different companies to get the cheapest offer.

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