Join Date: Aug 2008
Location: on way toward New orleans
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Rep Power: 12
Year 3 of costs of cruising compared to year 2
With 3 years of full-time cruising competed I figured I would compare year 3 costs to year 2. In year 2 costs dropped $940 compared to year 1, but in year 3 the costs increased $5,547 compared to year 2. So how does this happen?
Food, soda, alcohol, clothing, sundries – increased $721 and was 24.4% of costs. But this category has been pretty much the same the past 3 years within about $800
Boat upgrades, repairs, maintenance – increased $9k from last year and was 29.2% of costs last year. This is what happens when you do some rigging work, haul and bottom paint, replace a dinghy, get a Honda generator, get a hookah system to service your crappy new bottom paint, and keep trying to fix your POS Italian marvel generator.
Fuel (diesel, gas, propane)- $200 less last year. Hardy anything to worry about at only 2.7% of costs
Dining and drinking out - $1,500 less than last year and was 14%. We think we have gotten more into going to more of the “dive bar” type of places.
Entertainment - $ $2,600 more and was 8.7%. A big piece was flying to Cancun for a week. That plus going to more museums added up, but that’s OK with us as what is point if you don’t go see and do stuff.
Communication, storage, shipping – pretty much unchanged and was 2.7%
Fees – spent more with my credit card so got more back and was -1% of costs
Marina - $300 more, which is pretty much just the same in big picture and was 8.6% of costs
Electric - $220 less last year and was 0.2% of costs
Medical – was $4,477 less than last year. Big savings if you don’t spend anything out of pocket for medical of dental in year. Was only 0.4% of costs because we are on a subsidized ACA plan.
Transportation and travel - $258 more this year and was 4.6% of costs. This amount is basically the cost of the 2 cheap bikes we got last month.
Gifts - $659 less and was 2.6%. Guess we are getting more Scrooge like each year
Water – only $16, not worth talking about
Registration - $250 less because only had to do the new dinghy, 0.1%
Insurance - $13 more for the combined costs of main policy and Boat US Towing, 2.8%
Your costs will vary, this is just how I spent my money.
Don't blow air up my rear, be useful and blow it at the sails!
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Last edited by Don0190; 3 Weeks Ago at 09:47 AM.