Bottom line: In my opinion most folks will be able to live this lifestyle on around $2500-$3500/mo. If you have a smaller budget look to save up-front by buying a smaller rig as well as curbing camping & driving costs (once you’re on the road). If you have a larger budget, go ahead and splurge on a bigger rig and more park/driving/entertainment fees. It’s all within the realm of possibility.
here is my question. When purchasing an rv, at what length of a loan should we be looking at? the longer the lone the higher the interest rate and the longer to pay down. which also brings up the question of, how long should i expect to keep a motor home before I start to have many repairs? How long do most rv’s keep their rv before they trade in for a new model? I dont want to be upside down when the time comes to trade.
There are private RV parks everywhere. They are extremely easy to find online, in commercial guide books and by asking at visitors centers. The AllStays App is a very popular resource. Private RV parks range from about $30/night to $60/night or more, tending to even higher prices in popular destinations at peak season in choice sites that offer more amenities (like a view). The parking is generally laid out in rows, and the sites can range from drycamping sites (no hookups) to electric and/or water only to electric/water/sewer with cable TV, telephone and free WiFi. Usually the site includes a picnic table, and sometimes the park has a pool, showers, shuffleboard or horseshoes, sometimes bike and canoe rentals, a small store, or other goodies.
Currently we are not full-timing it, but we are on the road for up to 6 months straight. For those extended periods, monthly expenses can vary depending on what campground or resort we are staying in. Campground prices vary widely. If you are staying in one area long-term, your best bet is to pay a monthly rate for your campsite. That will give you a deep discount, but in most cases you will be responsible for the monthly electricity (and sometimes water usage) for your campsite. Depending on the area you are staying in, monthly rates could be as low as $300.00 a month plus electricity. In more popular areas, the cost could exceed $600.00.
I always tell people that unless they have a reliable way to make money from the road, have at least 6 months’ worth of savings. That way you can at least enjoy an extended trip if you never find a way to make money. At some point, it will either be a lifestyle change if you can find a sustainable income stream, or it will just be an adventure before going back to a life with a normal job.
Thanks for posting your Rv travel expenses, that’s really a generous thing to do and it really helps those of us in the planning stage to get a better idea of how we can achieve this lifestyle change. I can’t understand why people are being rude about it. No one would ask them what they spend in their lifestyle would they? It’s a bit hopeless that people can’t be happy for others generous and brave enough to share their lives! I know I couldn’t do it, so thanks!
Great info, We have been agonizing over what size rig to go with for over a year now. We have bounced back and forth between a 40′ Legacy and a 5th wheel but now after reading so many blogs as well as yours, to more than likely go with a Class C Itasca Navion which is 25’8″ and is built on the Sprinter chassis. Your blog really used us over the edge with your hindsight on smaller size. I always thought that a bigger rig would be better but now I am comfortable making that leap with a smaller rig. Thanks for the great info and Go Gators!!! Class of 85′
Nothing could be further from the truth! We too were concerned how our dog Ella and cat Mr. P would handle life on the road. But we quickly learned, they might actually enjoy it more than us! Longer driving days certainly took a little getting used to, but in short time Mr. P loved his spot on the dashboard basking in the sun while Ella reveled in our 20-minute play sessions during travel day stops.
People enjoy the full-time RV lifestyle on all kinds of budgets, and the money full-timers have to work with comes in all kinds of forms. Some retirees have big pensions but not a lot of savings. Others have a nest egg of savings but no pension. Many younger full-time RVers work while they travel, either to cover all of their living expenses or to supplement other income streams.
$648 Miscellaneous – Magazines for the Nook ($25), Stock Music for videos ($70), Shipping charges for mailing random stuff ($72 – Don’t ask me what I mailed, but it added up), Movie Theater *we went to 2 movies in 5 months ($24), Home Improvement Stores ($173), REI Outdoor specialty items ($63), Parking and Tolls ($85), half day boat rental for the family in Lake Havasu ($136). Also I’ve stopped putting propane as a line item since we really don’t spend much on this; in fact we didn’t even fill our propane in this 5 month period.
On the surface, it sounds like living in a camper would be more affordable than living in a house or apartment. After all, you don’t have to pay rent or a mortgage. You don’t have to worry about homeowners or renters insurance. You don’t have utility bills, property taxes, or the upkeep that goes along with homeownership. And without any storage space, shopping for fun and spending money on frivolous things isn’t an option.
Jennifer, good questions! We have always thought about building our own RV/Tiny House/Trailer too! Sometimes what you really want doesn’t exist and the best way to get it is just to make it yourself! Considering you are not planning on moving the house a lot, the rain capture system will come in super handy! So, here are my top (at least that I can think of right now) suggestions.
We love the power of our Diesel engine. It can go anywhere and drive any mountain. So, that portion I would probably try and keep. But size-wise I wish we’d gone a tad smaller…closer to 30 or even 35 feet. It can be tough finding accessible sites with “the beast”, and a smaller size would sure make that easier. We love our slides and would definitely buy with slides again (it makes the interior so much roomier) and our layout is good, plus I can’t deny the tanks in this rig are nice and big. There’s just the size thing 🙂
Of course, the best RV for your family individually depends on your travel style and individual situation. For example, a family of 4 might not require a large, Class A motorhome with slide-outs… but a family of 6 would almost definitely benefit from having the extra space. Also consider whether you and yours are more outdoorsy or simply into traveling for the scenery. If you’re going to be spending a lot of time inside, invest in extra space!
Part of living as entrepreneurs means we have to be OK with a level of fear and stress around making sure we are bringing money in. There are no paid vacations or sick days. It has definitely been an adjustment and something we continue to learn how to live with, but it is also really cool and makes us proud that we are living our own life and setting our own schedule.
My best friend and I just returned from a week away in her 24′ Winnebago. For two ‘very youthful’ middle-aged ladies on the road we couldn’t have had a better time! For the most part we played it by ear; she picked me up at the Atlanta Airport, we pointed the rig toward Savannah, Georgia (great state for RV travel and campsites) and kept going. Spent a few days in Savannah, headed over to Flagler Beach then up to St. Augustine. By far our favorite site of the entire trip was the last one in the Outer Banks. For whatever reason I wanted to go to Rodanthe so we found a very modest small campground for about $30/night right on the Sound side of Hatteras Island. WOW! The sunsets were breathtaking. Mike, the owner of the campground was amazing. Upon our return to PA I went over to the local RV dealer and picked out a 32′ SouthWind. Fell in love with it! Now I just have to figure out how to make money while on the road. Ironically, my primary business isn’t so transportable. Funny, my current business is processing homes, downsizing, relocation, re-directing unwanted personal property through auction and donation to charity, speaking, writing and consulting. It’s always tougher when it’s your stuff. I agree with not storing things – you’re not likely to need them again. I’m giving myself 2 years to clear all of my debt and transfer my income-generating efforts to fit a new, less complicated lifestyle.
This is mainly because it is our home and office and it can be disruptive. If we need to be out of the RV while work is being performed, we have to find somewhere else to work or wait with our pets. We've done this at the service center, at a friend's house, and once we just rented a hotel room because we didn't want to work in the car all day with two dogs and two cats. We don't think they wanted to sit in the car all day either. We've also spent the night at service centers which are not the most scenic locations, but really aren't all that bad. Sometimes you even get to plug into power.