$3000/mo cruising budget - Page 27 - SailNet Community
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post #261 of 462 Old 02-28-2014
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Re: $3000/mo cruising budget

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found another actual costs from cruisers who keep track of them

Expenses
Thanks Don. Interesting. An overall monthly average of $2,767, with a low of $957 and a high of $8,893. Looks like they a healthy middle-aged couple who cruised the Caribbean for about seven years on an older, fairly traditional, 44 foot boat. Good to know.

Of course, this is just one data point. To make this truly useful (statistically significant) you need to know how many similar cruisers with similar boat size and type, similar crew compliment, similar cruising grounds, similar lifestyles, etc... were cruising at that time. You'd then need to collect similar datasets. Only then can you start to draw any general conclusions.

... but interesting none the less. Thanks.

Actually, since you're so driven for hard data, why don't you make this your mission? I, for one, would value a statistically valid analysis.
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post #262 of 462 Old 02-28-2014
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Re: $3000/mo cruising budget

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Thanks Don. Interesting. An overall monthly average of $2,767, with a low of $957 and a high of $8,893. Looks like they a healthy middle-aged couple who cruised the Caribbean for about seven years on an older, fairly traditional, 44 foot boat. Good to know.

Of course, this is just one data point. To make this truly useful (statistically significant) you need to know how many similar cruisers with similar boat size and type, similar crew compliment, similar cruising grounds, similar lifestyles, etc... were cruising at that time. You'd then need to collect similar datasets. Only then can you start to draw any general conclusions.

... but interesting none the less. Thanks.

Actually, since you're so driven for hard data, why don't you make this tour mission? I, for one, would value a statistically valid analysis.
Correct Mike... each boat size and requirements would have different cruising budgets...

Here is another one Retirees Sail the Caribbean for 8 Years On a $1,000-Per-Month Budget
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post #263 of 462 Old 02-28-2014 Thread Starter
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Re: $3000/mo cruising budget

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Yes. Now go find one with a cost breakdown like the ones I've posted (more than just one) so we can see what is included in the dollar amount because as we have seen what people include in their reported costs varies greatly.

I would love to be able to believe that the budget amount I had in mind 6 years ago works.

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post #264 of 462 Old 02-28-2014
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Re: $3000/mo cruising budget

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Yes. Now go find one with a cost breakdown like the ones I've posted (more than just one) so we can see what is included in the dollar amount because as we have seen what people include in their reported costs varies greatly.

I would love to be able to believe that the budget amount I had in mind 6 years ago works.
Don I agree... I tried getting into the budget they used but it's a link that wants to have you register on their site and I didn't have time to do that but it would be interesting how they're doing it.

Regarding this budget you posted I could see where someone with a smaller boat and an outboard would not need the huge fuel bill which incidentally drops part of the maintenance cost, having a smaller boat from 44 foot to 25-30 foot would drop significantly the slip/mooring cost per month, if you have medical that is sponsored by Medicare, VA , or other plan that would drop from that budget, other than what I see it's save a little there or spend a little more there... so as I mentioned in the above post it depends on the size of the vessel and how each plans to spend the money. Another thought is on the food costs are they including beer/alcohol in that because for those of us that do not have a need for beer/alcohol I could see that dropped by $50/week or $200/month?

We actually need someone with a vessel of the size I mentioned to do an actual budget while cruising... it's the only way to get better numbers.
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post #265 of 462 Old 02-28-2014
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Re: $3000/mo cruising budget

Just for giggles here... I took the May budget and put in my numbers as I have currently... the dock fee costs are what they are for me now... it may be different during a future voyage... the medical is what my wife and I pay currently a month as the rest is sponsored. So you can see that by having a smaller boat you have less costs and they are the same style living as the person whose budget they posted... compare to the April budget which is theirs.


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post #266 of 462 Old 02-28-2014
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Re: $3000/mo cruising budget

I own my boat, too and our medical is only $440 a month with boat insurance around $150 per month. I think we would have done fine on $3000 a month if we just spent more time on the hook and didn't fly home so much.


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post #267 of 462 Old 03-03-2014
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Re: $3000/mo cruising budget

This remains a very productive thread. In catching up on posts and due to recent experiences I note one of the key variables is how you cruise. Even in the sub set of east coast snow birders there seems to be further subsets.
Some go up and down from George town
Some go up and down from N.E. or mid Atlantic to eastern Caribe.
Some bring the boat down and use a mooring with management contract and fly up and down keeping a residence on land or pay for land storage and use a northern land rental up north during hurricane season.
With each land costs go up and boat costs go down or vice a versa.
With each boat costs vary depending on miles traveled.
The thread title included the word cruising. To me cruising means traveling not stationary live aboard in a different place. It would be helpful in understanding people's posts if they defined miles traveled and cruising ground.
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Last edited by outbound; 03-03-2014 at 11:17 AM.
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post #268 of 462 Old 03-03-2014
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Re: $3000/mo cruising budget

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To me cruising means traveling not stationary live aboard in a different place. It would be helpful in understanding people's posts if they defined miles traveled and cruising ground.
Maybe the title ought to be "Cruising on $1,500/month and $1/mile".

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post #269 of 462 Old 03-04-2014
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Re: $3000/mo cruising budget

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The thread title included the word cruising. To me cruising means traveling not stationary live aboard in a different place. It would be helpful in understanding people's posts if they defined miles traveled and cruising ground.
Agree completely, and that's the primary reason why I found some of the stuff in the "Voyaging on $500/month" thread at least verging on the semi-delusional... :-)

Going places, actually using the boat full-time, costs money... In my observation, one of the biggest factors that people embarking on full time "voyaging" for the first time tend to underestimate, is the greatly increased wear and tear on a boat suddenly being used all the time, and the amount of time (and consequently, money) spent "fixing their boats in exotic locations"... I think many people grossly underestimate the costs of maintenance, or tend to attempt to defer them as long as possible. (Which of course can lead to bigger problems, and wind up costing more, in the long run) It can wear a lot of folks down pretty quickly, and I think it's definitely one of the primary reason why many quit the fulltime cruising life sooner, rather than later... Also, one of the most compelling arguments for avoiding complexity, and keeping things as simple as possible - within reason, of course...

Pretty good post from SAILFEED, regarding the maintenance costs on a couple out there on a Stevens 47... To someone sailing a modest boat like mine, these numbers certainly give pause to the notion of 'stepping up' to a comparable boat, to say the least... :-)

Cruising costs, routine maintenance, and the 10% (15%, 20%) rule | Sailfeed

The cost of cruising: Totem?s maintenance list | Sailfeed
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Last edited by JonEisberg; 03-04-2014 at 01:12 AM.
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post #270 of 462 Old 03-04-2014
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Re: $3000/mo cruising budget

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I own my boat, too and our medical is only $440 a month with boat insurance around $150 per month. I think we would have done fine on $3000 a month if we just spent more time on the hook and didn't fly home so much.
My medical is almost exactly the same and I had the take on my cruise. Marinas and airlines at least doubled our spending. We averaged a $1000 a month, just on airfare.

On the northern Gulf of Mexico.


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