$ Cruising ??

[Brent Swain]

Originally Posted by wingNwing

It depends so incredibly much on how you like to live, as others have already stated. Here's ours: Cost of Living ... Afloat | Jaye Lunsford - Life Afloat | Blogs (www.HometownAnnapolis.com - The Capital)

Man, one would have to be throwing money around like confetti to spend that much money! I have never spent more that a tiny fraction that much, in 40 years of cruising. I wouldn't know how to spend more than a fraction that amount, even if I really worked at it.
AMAZING!

[Graywolf77]

Bill,
Love the website! A lot of good input from sailing folks. Thanks

[paradiselostparrot]

Originally Posted by Brent Swain

Ask the locals in the Carribean what they eat. They are experts in low cost living in the area. They certainly don't need $1,000 a month

Correct but maintaining a modern vessel , basic insurance etc has a base cost more or less dependent on type and size of the vessel. Food will cost what they are paying now more or less. Most people seem to find costs are lower than land living given that property taxes on the average house in the US can keep some cruising for 6 months. No car is also a big savings especially if loans are involved. The OP has 130k capital monies for said vessel. They should have little problem getting a well found vessel bought surveyed and upgraded for that the is good for a couple.People spend what they have generally but given the y have the capital I doubt a sea life will be more than a land one.

Just my 2 cents

[zeehag]

i am stillliving within my ssdi income while cruising--i could not live within this income when i was in san diego--wasimpossible--but , here in mexico, even with repairs in progress, i am living within my ssdi budgetary constraints.
food here in mexico--yes, even in zihuatenejo, is not priey. it is the pricing of marinas that is wholly uncalled for--absurdly high rates which the yotties donot seem to mind paying, as marinas are filled in high season, and half to 3/4 filled in off season, when many yotties sal north, or have their boats sailed for them as they donot enjoy the bash....LOL

[PCP]

Originally Posted by killarney_sailor

... Not counting boat insurance (which we paid as a lump sum ~$4200) ....

Hi!

Do you have tried other insurance companies? That seems really a lot to me. I know that older boats pay more but even so that is huge. For how much do you have the hull insured?

That has also to do with where you navigate but I can go as far as from the Açores till the black sea and all European shores and I pay more or less 1300 euros and that includes a personal accident insurance besides third party and hull.

Not saying you have not the best deal just trying to understand why that is so expensive. I had no idea. Or that is for more than a year?

Regards

Paulo

[killarney_sailor]

Paulo
That is for one year for $165,000 hull coverage and $500,000 liability. The cost goes up and down depending on where we are going to be. For example, it is less in the Caribbean than for crossing the Indian Ocean to South Africa. Our coverage is with one of the biggest companies offering policies for cruisers, Merkel (Jackline). We looked at their main competitors like Pantenaius (sp?) and there was virtually no difference in price. One thing that may push up the price is that you are allowed to do ocean crossings with only two onboard. One complaint that I have is that the coverage is for the whole year, eg for our next year (Nov/13 to Nov/14) the boat will be at a dock for six weeks or so and then we will from South Africa to Grenada where we will aboard (with daysails) until around May when Ainia will hauled and on the hard until the end of the policy period - - and yet we pay for the year as if we are heading back and forth across the Atlantic.

[wingNwing]

That's surprising; we have Merkel also, and we are able to call our agent and change the cruising area and they will refund the difference for the rest of the policy year. For example, when we come back from the Bahamas and plan to stay in the Chesapeake for the summer, cost drops by about 1/2.

[Midnightmail]

During the 9 years I was out cruising, solo, I averaged $1300 per month for all expenses, including haulouts, engine and sail replacement, etc. I never stayed marinas or ate in restaurants. Well, not quite never but extremely rare.