The Cost of Parachutes
Last Updated on June 16, 2021 | Written by CPA Alec Pow
First Published on June 16, 2021 | Content Reviewed by 
CFA Alexander Popivker
Falling to the ground from a great height is one of the most dangerous things that humans can do. A parachute commonly referred to as “a canopy” is attached to humans or objects in order to slow their falling speed by creating drag against air molecules and other small particles surrounding it such as dust or dirt. The object must have its terminal velocity slowed down at least 75% for it to be considered an actual parachute. All parachutes have a common goal: to prevent people (or objects) from crashing into Earth with full force.
A parachute doesn’t just determine whether you live or die during descent from great heights; it also determines how rough an experience will be on yourself as well.
How much do parachutes cost?
You won’t be able to successfully jump without a proper parachute, and there are four things you need: the deployment pack, the main chute (the one that expands), reserve chute in case something goes wrong. Prices can range from $1,400 all the way up to $3,000 if you decide on a more premium type of parachute and this price will only include the main parachute itself.
All four components of the parachute system can cost between $7,000 and $10,000. Skydive Store offers several parachutes in their inventory at prices ranging from as low as $2,000 and going all the way up to about $2,500 for more complex models.
Any additional expenses to consider?
If you are going to go skydiving, then a reserve parachute is necessary for safety. A larger canopy will be used when the main chute has failed because it helps slow down your descent speeds and protects you from damage. As a general rule, you should get a reserve canopy that is just one size larger than the main parachute.
You might also like our articles about the cost of skydiving, hot air balloons, or bungee jumping.
A parachute container is a must-have if you’re planning on skydiving. The container or harness will be used to store the needed equipment. A used one can cost $150, while a new one that’s of higher quality might run as high as $2,000 or more.
The parachute, especially if it’s more high-tech, can automatically deploy at a certain altitude for more safety and convenience. The option is available, but it will cost you up to $2,000 extra.
The average parachute can last up to 15 years. However, it does need maintenance in order to be reliable for the full span of its life.
An important tip to consider
There are many different types of parachutes on the market, but for beginners, we recommend starting with a 7-cell parachute. They’re easy to pack and deploy and have minimal drag during the flight which is great if you just want to enjoy your time in freefall without any hassle. You can also get a 9-cell, semi-elliptical, square, hybrid, air-locked, and cross-braced, depending on your experience and your need.
Any way to spend less?
Skydiving can be an expensive hobby, but with a little bit of research, you’ll find that it’s not as difficult to save money on parachutes. For example, talk to your local skydiving company and see what kind they recommend for beginners like yourself; then ask where is the best place to purchase one at a fair price. You might also want to compare prices from three or more retailers before making any big commitments.
Do not invest your time and money in equipment until you’ve done 15-30 jumps with a professional instructor. When jumping with the help of an instructor, every company will give you all the necessary gear including parachutes. This way you’ll make sure that this hobby is for you, especially since the purchase of the full equipment is a pretty big monetary investment.
Skydiving gear packages are often the best way to go for new skydivers. These bundles include everything you need, including a container and parachute, as well as any additional accessories that may come with your particular brand and a reserve canopy.
Buying used could be a good option if you are diligent with your research. Drop Zone recommends that when first starting, buying new equipment is best for the safety and comfort of the jumper. If it’s not possible to buy everything brand-new, make sure to purchase the main parachute from a reputable dealer so that they can inspect lines for wear before selling them off as “used.”
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