Old enough to know better
Join Date: Dec 2006
Location: Beacon, NY
Thanked 175 Times in 171 Posts
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Re: Thinking about living aboard
Yes, the way I ran the numbers I will be way ahead by living on a boat, before maintenance. I am sure maintenance will push me a bit over the cost of an apartment, but not by much. I can only afford either a boat or an apartment, not both. I can't buy a house as the X-wife will have that, and it is on my credit, so I can't buy a house till she buys me out or sells when the kids are out on there own. (or I win the lottery!) So for me it is because I can only afford one or the other, so it is a fairly easy choice. I will be on the water come spring. Now if I keep it on a mooring, it will be way cheaper than an apartment, but will take 2 months rent in extra systems, like solar. I don't really think I am ready for that, but have not decided. One mooring field by me is very bare bones, no electric or water, no bathrooms or anything.
It also depends on where you are, in Mid Hudson Valley New York apartments are quite expensive and slips are not too expensive. Some places like Florida it is the opposite relatively.