InsurancennJust like car insurance, aircraft insurance is a legal requirement. Aircraft insurance can have a wide range, but typically it would cost between $100-$300 per month at the low end.nnInspection and MaintenancennKeeping your aircraft skyworthy is an essential part of ownership. Maintenance and inspection fees run between $300 and $600 per month, with the potential for much more expensive repairs if something breaks down.nnFuelnnFueling your aircraft is one of the most expensive aspects of owning or leasing a plane or helicopter. Your exact fuel costs depend on how often it’s used and how far you travel.nnHangar FeesnnYou’ll need to store your aircraft, and general aviation aircraft hangars are the best option. Monthly fees run between $40-$500.