NKOTB (New Kids On The Boat) ... A Weekly Series Sharing Our Thoughts and Questions as Beginner Sailors and Future Cruisers. NKOTB or Experienced Cruiser ... Tell Us Your Thoughts!
A question almost all future cruisers have is
how much will cruising cost? When trying to find the answer to this question, I often found it to be "it depends". Cruising, like anything else, greatly depends on the person. It makes sense that if someone spends a lot of money on land, they'll probably spend a lot of money living on a boat. I did come across a few sites that documented their cruising expenses, and while some of them made me feel confident we could cruise on our small budget ... others blew me away. Some of these cruisers are spending way more than we currently do on land!
Ken and I have always been frugal on land, so it shouldn't be too hard to be frugal on the water. We don't care to spend much money on tourist "traps", souvenirs or the latest fad. We figure that when we're not doing boat chores during the day swimming, snorkeling, hiking or just exploring a new place will be pretty inexpensive. In the evening good music with a beer or glass of wine while sitting in our cockpit should make us happy. Although we'd love to hang out with the locals every night at the bar listening to music and making friends, our landlubber budget doesn't allow it and neither will our cruising budget. Hopefully we'll be able to take part in those "pot-luck" dinners we keep hearing about ... and we'll "bring our own"!
A large sailboat and many nights at a marina can drain a cruising budget pretty fast. We don't plan on staying at marinas very often, and our sailboat is considered small these days ... a 30 footer. A smaller boat is less expensive when staying at a marina, and it's supposed to mean less maintenance costs ... we hope so! However, just like with a house, we know that some maintenance costs are the same no matter what the size. Luckily Ken is a contractor and really handy with fixing things.
The more "stuff" you have on a boat, the more maintenance costs and energy consumption. We won't have a/c, and we're not sure about refrigeration and a watermaker just yet. We'd love a watermaker, but they're not cheap! We may trying catching our water as a supplement to buying water and see how it goes. Ken really likes the idea of refrigeration, but it's also not cheap and consumes a good bit of energy. I never use ice and can live off just about anything, so refrigeration isn't that important to me. We will have solar and wind power to help maintain our energy consumption and reduce the costs.
A really big factor in cruising costs is whether or not boat insurance and/or medical insurance are included. These can really put a big dent in a cruising budget, and we haven't committed to one way or the other just yet. However, we currently carry both types of insurance (with a high deductible on the medical) and it really isn't too bad. We just haven't taken the time to look into what happens once we're in the Bahamas or Mexico. We'll have to wait and see.
We anticipate that our biggest expense will be groceries, fuel, boat maintenance, communication, a rare trip home, and those extras like beer and wine. We saw a post from
Distant Shores about the cruising budget, and they estimate that a "comfortable" cruiser can live off of $1500-$2500 a month. We hope they're correct, and if so we aim to be on the low end of "comfortable". Even with this figure we'll need to find a way to supplement our cruising kitty. Ken knows construction and a good bit about boat maintenance, so his knowledge should help us make a few bucks every now and then. We may have to bartend, babysit, etc., whatever it takes!
We're also counting on you guys to click on our Google Ads and/or make your purchases from Amazon and our other product links from our site (on the right). So, if you want to make an Amazon purchase, learn a new language, make your own beer or record your own music ... purchasing them from our site will cost you the same and we'll make a few cents. Every little bit helps! Oh, and dare I mention it ... there's that donation button too! =)
Until we start cruising we'll never have the answer to this question, but we know we'll make it work and the experience will be priceless! We know this topic can be a little personal, but feel free to share! Then we won't have to ask! =)
Hasta luego ... until then. Mid-Life Cruising!
Note: Here are the previous posts from this series. Check them out and feel free to give us your advice. We've really enjoyed reading your comments!