At $0.6667 per minute, the equivalent hourly rate is $40.00.
The total cost for 60.0 minutes is $40.00.
This rate is in the range typical of moderately priced professional services and consulting calls.
Use the per-hour figure to compare against providers who quote hourly rates, and the per-second figure for high-frequency billing like cloud compute or telephony.
Next stepTo compare two services fairly, calculate the per-minute cost for each and multiply by the expected usage time.