How much does it cost to own an airplane in Maryland?

Annual aircraft ownership costs in Maryland typically range from $10,000-$30,000 for single-engine piston aircraft, depending on the model, hours flown, and where you base the airplane. Average T-hangar rental in Maryland is approximately $500/month. AvGas averages $6.75/gallon. Major cost components include hangar rental, insurance, annual inspection, fuel, and engine overhaul reserve.

Is aircraft insurance required in Maryland?

Yes, Maryland requires aircraft liability insurance by state law. The minimum coverage is $50,000.

How much does hangar space cost in Maryland?

The average T-hangar rental rate in Maryland is approximately $500/month ($6,000/year). Rates vary significantly by airport — smaller rural fields are often cheaper, while airports near major metro areas can be 2-3x more expensive. Many popular airports have waitlists for hangar space.

Aircraft Ownership in Maryland

Everything you need to know about owning an airplane in Maryland — from hangar costs and fuel prices to insurance requirements and maintenance shop availability.

Avg T-Hangar Cost

$500/mo

Monthly rental estimate

Avg AvGas Price

$6.75/gal

100LL per gallon

Airports

157

Public & private

Maintenance Shops

FAA-certified repair stations

Insurance Requirements in Maryland

State Liability Insurance

Required by Law

Minimum: $50,000

Hull Insurance

Not Required

Lenders always require hull coverage

Maryland requires liability insurance for all aircraft based or hangared at a Maryland airport under Md. Transportation Code 5-1002. Minimums: $50,000 per individual bodily injury / $100,000 per accident bodily injury / $50,000 property damage. The owner may not operate or allow operation of the aircraft without a policy in force covering both the owner and pilot.

Most Affordable Airports for Hangars in Maryland

Airport	City	T-Hangar/mo	Tiedown/mo	AvGas
CGE	Cambridge	$388	$106	--
CGS	College Park	$394	$90	--
FDK	Frederick	$405	$106	--
ESN	Easton	$416	$112	--
ANP	Annapolis	$449	$105	--
MTN	Baltimore	$458	$115	--
FME	Fort Meade(Odenton)	$464	$108	--
GAI	Gaithersburg	$467	$117	--
APG	Aberdeen	$469	$128	--
ADW	Camp Springs	$481	$132	--

Rates are estimates based on industry data and state aviation surveys. Contact your local FBO for current pricing.

What Does It Cost to Own a Plane in Maryland?

Estimated annual ownership costs for popular aircraft, adjusted for Maryland hangar rates and $6.75/gal AvGas. Assumes 100 flight hours per year.

Cessna 172

Purchase Price$30,000 - $200,000

Annual Fixed Costs$5,515

Fuel Burn7.1 GPH

Est. Annual (100 hrs)$11,908

Cessna 182

Purchase Price$30,000 - $200,000

Annual Fixed Costs$6,315

Fuel Burn11.2 GPH

Est. Annual (100 hrs)$16,462

Piper PA-28-181

Purchase Price$30,000 - $200,000

Annual Fixed Costs$5,515

Fuel Burn8.8 GPH

Est. Annual (100 hrs)$12,935

Tips for Aircraft Owners in Maryland

✓Compare hangar rates across airports. Prices can vary 2-3x between airports in the same state. Smaller fields often have lower rates and shorter waitlists.
✓Check state sales/use tax on aircraft purchases. Some states exempt aircraft from sales tax or offer fly-away exemptions. Consult a local aviation attorney.
✓Consider a partnership. Splitting costs with 1-2 partners can cut your annual ownership cost by 50-65% while maintaining reasonable availability.
✓Budget for unscheduled maintenance. Plan for 15-25% above your expected annual maintenance costs. Older aircraft and complex airframes tend toward the higher end.
✓Get multiple insurance quotes. Premiums vary significantly between underwriters. Brokers like AOPA Insurance and Avemco can provide competitive options.