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Person-hours per meeting = attendees × (meeting minutes + prep minutes per person) ÷ 60. Meeting cost = person-hours × average hourly cost. Monthly cost = meeting cost × recurring meetings per month.- Apply the formulaPerson-hours per meeting = attendees × (meeting minutes + prep minutes per person) ÷ 60. Meeting cost = person-hours × average hourly cost. Monthly cost = meeting cost × recurring meetings per month.140 cost per meeting and monthly costMeeting Cost Calculator uses the declared inputs to produce a transparent default result. Attendees: 6 people; Average hourly cost: 60 currency/hour; Meeting length: 60 minutes; Prep/follow-up per person: 10 minutes; primary comparison: 6 and 60.