In this paper, I use Levin and McEwan's (2001) cost feasibility approach and personnel data obtained from the Superintendent of Public Instruction to estimate the cost of providing coaching support to every newly hired principal in Washington State. Based on this descriptive analysis, I estimate that the cost to provide leadership coaching to every newly hired principal as an induction support would range between $153,000 and $845,000 per year representing a per pupil cost between $4.01 and $12.35, respectively, depending on the amount each leadership coach receives in compensation. A more conservative approach that provides coaching support only to newly hired principals working in high poverty schools would cost the state between $143,975 and $443,000 per year representing a per pupil cost between $4.20 and $12.92, respectively, depending on the amount each leadership coach receives in compensation. Implications for coaching and principal professional development are discussed within the context of policy decisions. In particular, the article considers whether coaching is a financially feasible professional development strategy and how new information about the per pupil cost of coaching might better inform ongoing policy discussions related to leadership coaching.