How much do hot air balloons cost?
As with automobiles this can vary widely depending on a lot of factors. First you have to decide whether you are going to buy a new balloon or a used balloon. Then you have to decide which balloon manufacture you will buy. Here at RBC we prefer Aerostar balloons. Next you need to decide what options you want on your balloon: the size and style of basket; the size of propane tanks (10,15,18 or 20 gal); the size of the envelope can be quite large from 50,000 cu ft to larger than 105,000 cu ft.; the design, style and artwork on your envelope can cause the cost to be higher or lower; and the age of your used balloon based on number of flight hours can impact the cost. With all of these factors you can see there will be a wide range of balloon systems and costs. On average you can buy used balloons in the $5,000 – $20,000 and a brand new balloon in the $20,000 – $50,000 range.