Join Date: Oct 2002
Thanked 0 Times in 0 Posts
Rep Power: 15
Living aboard? Where to start?
$500 per month only applies if you a minimalist and have no intention of maintaining your vessel.
The major expenses will be:
- Boat maintenance (15% of it''s cost is a good average)
- Insurance: Health, Life & Boat, if you intend to carry any. Alot of cruisers do not.
- Land based expenses: storage building, mail service, mobile phone, etc
Most everything else depends on the life style you lead.
My wife and I averaged $2500 - $3000 per month. We were not extravagant, nor were we minimalists. We also carried boat and health insurance.
Good luck on your plans.