Originally Posted by Tomasailing
Can anyone share some experience on costs?
Cost can very wildly. We are a few yrs from doing the same thing you are doing. We have researched the cost issue a lot for the past 3 yrs. From what we can find is cost to cruise and live-aboard full time depends more on you than anything else.
Will you eat out or cook?
Will you anchor out or stay at a marina?
Plan to check in and out of many different countries?
Plan to sight see, take tours, rent cars, shop at souvenir shops?
Carry every insurance you can with low deductibles?
Fly home to see family???
The list goes on and on. For each person the list will be different.
Our plan is to make sure every single dollar is spent as wisely as we can. To help keep us from hating each other for buying things one of us wants (but not really needed) is to give each of us a monthly budget to spend or save anyway we want. Living on a strict budget will be hard to do, but in the long run it's the smartest way to live.