Aspiring Boat Bum
Join Date: Oct 2007
Thanked 2 Times in 2 Posts
Rep Power: 10
The question is really too open ended to answer exactly. By "maintain" do you mean only repairs and upkeep or do you also want to include dockage, power, etc? Will you do ALL the labor yourself or hire someone? A brand new boat or one 40 years old?
IF, nothing breaks, just the cost to maintain is next to nothing. It's like asking how much it costs to maintain your car. Not much at all until you have to replace the transmission. Same for a boat. Have to replace the transmission or the engine, buy new sails, replace something expensive then the cost for that month will be giant. Otherwise the monthly cost is nothing (unless you include dock rent).
For LOTS of woodwork it will be a couple hundred dollars a year in sandpaper, varnish and brushes. Engine maintenance a hundred a year for oil and filters. Rebuild or replace the engine, $!5,000. Buy a new main sail, $5,000. Monthly rental for a dock to tie up, $200/month for a marina in an out of the way spot in the southeast or $1000-$2000 per month in New England or California. Electricity, fuel, etc about what you pay at home or less.