I never really thought to add a separate FAQ on costs – but it turns out that it is better late than never. Here is a short FAQ – as well as a link to the super-often-requested spreadsheet.
How much does it cost to live aboard a boat?
It depends. Questions of cost when it comes to boating are not easy to answer without a bit of other information. It really depends not only on the boat, but your location, climate tolerance, storage requirements, marina and more. How often you use your boat, as well as the conditions in which you use it, also can have a substantial impact on costs and expenses.Nevertheless, this is among the most important questions you can have – and as they say… if you have to ask the question about cost, then reducing costs and finding ways to live a manageable lifestyle is probably something you care deeply about.
So can living aboard save you money versus an apartment or home purchase? Sure. Will it save you money? That depends. Some folks choose this lifestyle for the sole purpose of saving money. Others love the lifestyle. Still others seek the luxury of a multi-million dollar yacht with a full time crew. Some are comfortable with few amenities. Some allow maintenance to slip. Others are much the opposite. With these variables in mind I created a spreadsheet to help you assess your own choices and circumstances. Here is the link: CLICK HERE FOR SPREADSHEET. I’m proud of this spreadsheet since it captures most of the items you should consider.