So I will be getting out of boating and going to dirt soon. Part of that is understanding how much I can spend on dirt living so I am comparing it to boat living. I am on month 89, but am going to use the first 7 full years as a basis. I figure I know how we lived during that 7 years and if we spend the same amount on our dirt dwelling we basically live the same.
So for 7 years the cost of boat maintenance, repair, upgrades plus fuel, marina, electric, registration, and insurance works out to an average of:
$1399.62/mo
If I factor in the purchase cost of the boat less the agreed value I expect the insurance is going to payout it becomes:
$2054.38/mo
BTW this is for a 41' sailboat. I have done the estimate in past a estimate that for a trawler getting 2mpg the cost is $1500-2000/yr more
Thought maybe those currently living on land and thinking of switching to boat living might find it of use.
So for 7 years the cost of boat maintenance, repair, upgrades plus fuel, marina, electric, registration, and insurance works out to an average of:
$1399.62/mo
If I factor in the purchase cost of the boat less the agreed value I expect the insurance is going to payout it becomes:
$2054.38/mo
BTW this is for a 41' sailboat. I have done the estimate in past a estimate that for a trawler getting 2mpg the cost is $1500-2000/yr more
Thought maybe those currently living on land and thinking of switching to boat living might find it of use.