The purpose of this study is to quantify the relationship of the timber logging cost of leased forestlands and its influential factors and to assess the profitability of timber logging in Nantou. The result of empirical study showed that logging cost is a linear function of the following factors: distance of forestland from timber market, volume of logged timber and level of logging wage. The quantitative cost model had a high interpretative ability. The study also indicated that forestlands with suitable conditions of accessibility and stock level, i.e., the distance from timber market less than 40 kilometers and the volume more than 200m^3, could generate a reasonable revenue from timber logging.