Life cycle cost analyses for high friction surface treatment (HFST) applications were executed relying on a Microsoft Excel program developed by the researchers. Calcined bauxite (CB), five CB alternatives, and epoxy binder were utilized in the HFST applications. The aggregates' performances were evaluated through the aggregate image measurement system (AIMS) before and after Micro-Deval polishing. The performance of the HFST applications was evaluated by the dynamic friction tester (DFT) and British pendulum (BP). The major purpose of this program was to present a rational method for converting different input data (project and material specifics) to comparable output data (net present value [NPV]) that facilitated comparison between different alternatives. The project specifics included traffic data, highway classification, and geometric design data. The material specifics data were AIMS results, DFT results, BP results, and materials and shipping costs. Three prediction models were selected to relate the performance test results to skid number (SN). The rehabilitation matrix, proposed by the researchers, was used to make the decision to maintain the HFST. This was conducted by comparing the predicted terminal SN and the recommended terminal SN (controlled by the user). The program output showed that Meramec River Aggregate and Flint HFST applications had the lowest NPVs, followed by Steel Slag HFST application, and then Earthworks HFST application. Nevertheless, Rhyolite HFST application showed the highest NPVs followed by the CB HFST application. The cost of the resin was dominant over the total cost of the HFST application.