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post #18 of Old 07-02-2010
JungleJim's Avatar
Join Date: May 2009
Location: Charlestown, MA
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To the original poster question on costs, here is our experience:

We set sail last August, 2009 from Hawaii and are now moored in Duxbury, MA. (Shout out to Sailing Dog - I said I'd look you up and I will) Our boat is a 52' Motorsailor and cost in the range you are planning. Jungle was sailed from New Zealand to Hawaii by the previous owners. All totaled; 12,392 miles sailed since last July, of which my wife and I sailed over 8,000 miles, with crew for the longer trips. We spent 6 mos. in San Diego readying Jungle for live aboard cruising at a rough cost of $70K (I planned $30-40K). We left mid-March and basically sprinted from San Diego to Boston in 3 months. This jacked up costs and we now plan to slow down to enjoy and reduce costs.

My experience is 10 months living on board and taking into consideration the first year incurs the highest costs;

Rough monthly costs;

Expense Actual Target Comments
-------- ------ ------ ----------
- Boat Ins. $750 $350 Currently using Lloyds for ocean crossing
- Health Ins. $600 $600 Will most likely increase year to year
- Food, drink $400 $200 5 crew from HI, 3 crew from San Diego
- Entertain $300 $300 We like to eat out, may be low
- Fuel $700 $200 We've been on a mission to arrive Boston
- Maint. $450 $450 Eng/Gen on high usage, always work to do
Total/mo. $3200 $2100 I'll argue with myself - this is low

Emergency funding $20,000 (major failures)

Additional comments:
- the "make ready" will be much higher than you think (aka home remodel)
- do as much yourself as possible - critical for cruising (when no help around)
- the frequent visitors will get old and expensive - it did for us.

This said, the $2500-$5000 (net) you suggested per month should work. Final point, go do it, you won't regret it. We haven't.
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