Thanks for the financial breakdown, it’s very instructive. I appreciate your honesty! while I may think you spend some more than I may spend, I fully see the needs, that you guys have considering your particular circumstances. I am also a full time RVer. 32′ ’84 Itasca WindCrusier I love the old aerodynamic body style, but it’s nowhere near as roomy as the newer boxier models w/ slideouts. Because of it’s age and condition I’ve had to rebuild or repair or replace: Transmission, brakes, powersteering pump (includes power brakes), batteries, gas gauge sender, damaged ceiling from too heavy of a factory ac unit, Fridge. yet to repair: Fridge again, (gas side), furnace motor, cab heater to floor control (defrost works just fine) At this time in my life I do handyman work, currently doesn’t allow much full timing on the road. although I have taken time off between jobs to travel all over the Pacific Northwest from my base in Auburn, WA to Coeur d’Alene, ID, to Mountian Grove near Grant’s Pass, Or to Corvallis, to Portland to Windward near Goldendale, WA and back to Auburn for most of last summer.
The form your money is in makes a difference in how you RV and what your expenses will be. If you have a big income that comes from a limitless source (a pension and/or Social Security), then a large personal loan on a new luxury Class A motorhome may be just fine and the nightly expense of high-end RV parks won’t be a problem. However, if you are trying to make a small nest egg last to your dying day, and you are not even retirement age yet, you may be best off spending a portion of it to purchase your RV outright, rather than paying interest on a loan, and you will also be looking to save money on camping and overnight parking.
I was enlightened by the Tiny House movement. After researching into buying a tiny house and furnishing it, the cost was more than my regular sized 2 bedroom home. I then started looking at used RV’s, mainly 5th wheel Trailers and travel trailers. I found a decent used 5th Wheel with good bones, and bought it when my house sold. Prior to that, I spent 9 months selling off everything I owned and thought I needed. Everyone thought I was nuts. The kids where grown, the husband passed away, and it was just me and the cat. The banker suggested, I replace AC unit with a Heat and Air unit, battery, fridge…anything that was too old. My investment was $3900 for a 1996 Dutchman Aristocrat 27 ft. Back then they made them solid with good wood not chip board. Heat and Air Unit $850, Fridge (electric only) $150. I did quite a bit of water line insulation, because these units were not meant to live in cold weather.
RVs aren’t cheap. Well, new ones aren’t at least. We bought our 1994 Coachmen Leprechaun in 2014 and sold him 48 states and 22K miles later. After buying an renovating “Franklin” for 12K and selling him for almost 10K, we really only spend $2,000 for our home. This is the definition of a steal and probably the main reason why I highly recommend buying used.
Anything above $5000/mo means you can start to splurge and of course if you have more to spend, you’ll have more opportunities to splurge. The folks at this end of the scale generally travel in larger rigs (= more expensive maintenance/registration/insurance fees), stay in private RV parks most of the time (= higher camping costs), drive more miles and like to eat out. These folks also love their lifestyle.
r(E)volutionary disclaimer: We live on the road as an expression of freedom and discovery. We look for places that are either in the sun, near friends and family, or in proximity to a learning opportunity for our daughter. We live without consumer debt and have whittled away our monthly overhead. While I have a corporate day job it is a telecommute position allowing us to be on the road as a relatively young couple with a growing young lady. Our monthly income is consistent and we live on a budget.
This category includes all the tools and supplies we use to keep the rig in good shape. Mark loves to try new products and has a growing collection of tools in his toolbox. Before we left, he made the mistake of selling almost all of his tools. If you are handy and can work on your rig, don’t make that mistake too! He tried to “make do” with the bare minimum of tools for the first year, which is why this category didn’t used to exist for us, but now he regularly buys little goodies that make his maintenance tasks easier.
These days everything is available online and if you’re putting most of your spend on credit or debit cards* it’s super easy to import it into programs (e.g Quicken or Mint) that will summarize and keep track of exactly where your money is going. Not only will this give you a solid idea of your starting point, but it will be key to pointing out places you can possibly save once you change your lifestyle and get on the road.
Did you ever read those Choose Your Own Adventure books? I’ve been been wishing I could read ahead and see how different choices would affect the boys. Would they end up angry at us always wishing they had a chance to experience “normal” teenage life if we kept full timing in our RV? Or would they look back and say, “Man, my parents were great and knew what was best. I spent most of my life living in an RV seeing all these cool places!”
Doug – every dollar we spent over the year was included so this is realistic for us and how we travel…as stated in the post: RV living costs will vary depending on the number of people, pets, life style, spending habit, and other factors. Yes we wrap various items in the Misc category but we do have the Jeep/RV expenses listed on its own line in the avg monthly costs… RV/Tow Car: $132 oil changes and supplies. If you’re interested in more detail, check out our monthly expense reports and it will break our costs down further – including what we spent on Misc items that month: https://weretherussos.com/cost-of-living-full-time-in-a-rv/
That said, it is not for everyone. We have met very few full-time RVers who boondock as much as we do. Most people who enjoy boondocking, or “free camping,” do it from 25% to 75% of the time, at most. For full-timers who work, it is hard to find a boondocking location near most jobs, and you have to pack up and go to the RV dump station every 10 days to 2 weeks, disrupting your life. Even if your work is location independent, and you work out of your RV, finding good boondocking locations that have adequate internet access to do that is not easy. During the summer of 2014 we spent 5 weeks camping in places that were 10 miles or more from the nearest internet access.
Then you move down the road of life to state parks. Now you walk out your little RV door and see nothing but trees and space, maybe a glint of your neighbor through it all, and certainly if they were to yell you’d hear it, but space is not only abundant, it’s beautiful. You’re now paying $20 per night. Rent has dropped to $600 / month. Utilities are still included (except for propane, we spend around $30 / month), though you won’t necessarily have a sewage connection, so you’ll need to drive over to the dump station every few days and let the pipes fly. Depending on your situation, this may happen two or five times a week. But it’s hundreds of dollars in savings in exchange for an hour or so worth of effort.
We were city dwellers before heading out on this never-ending trip. We drove daily to work in big cities like Dallas and the area around New York City (for her part, Kerensa will readily admit she took public transportation daily in NYC and was already out of practice). Doing it in a car is one thing, but in a motorhome is an altogether different experience. Cars tend to zip around you and most people don't realize how long it takes for an RV to stop. It can be a little nervewracking. To combat this, we try to avoid rush hour and may take alternate routes. PSA: Don't cut off an RV in traffic. You may think you're jumping ahead, but you may be dooming yourself to being rear-ended by something 5 times your size.