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Old 01-29-2014
Don0190 Don0190 is offline
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$3000/mo cruising budget

Determining a cruising budget and trying to find out if it will work seems like one of the most important parts of cruising, yet is one of the hardest to find any answers on. Before I got into sailing I spent 2 years researching the cost issues and in the end kind of just gave up and placed myself on a path to cruising anyway.

The question frequently becomes all jammed up with "it depends" and "it costs whatever you can afford to spend" answers. Which are true, but of little value for planning. Planning becomes even more important for those not so young when the decision to stop working and go cruising equals an end to a career and little chance of returning to work at anywhere near the level they were when they sailed off. The goal becomes balancing leaving while young enough to get the most of of cruising, while working long enough to not run out of money.

But I'm becoming more and more job burnt out and more and more caught in the dream, so find myself looking for the answer. To do it I spend lots of time reading though blogs looking for what people are spending and comparing it to what they are doing. I read things like the "Interview with a Cruiser Project", waste my time on the various forums, and just plain taking a guess based on what it costs me to live on land and maintain my boat now and have a budget in mind.

The budget I'm currently planning for is $3000/mo, which has to cover basically everything. Now this isn't a down and dirty budget, and it isn't a live high budget. But it is expected to be a comfortable budget that allows sightseeing and not eating out of a can budget. And as an average amount is one that I could cruise on till I no longer an able (that $3000/mo, $36,000/yr budget becomes $52,500 when I'm 75 at 2% inflation).

If you are in the cruise for $500/mo group this isn't a thread for you. But if you are in a similar position for cruising on $3000/mo I would love to see comments on what you expect this to mean far as your cruising plans.
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