This article isn’t personal financial advice, but it does show you how a wide range of RV experts handle the financial aspect of their lifestyle. We’re grateful to all the experts who responded—especially considering the fact that we asked for personal financial information. We really appreciate the sincerity, transparency, and humility of everyone who took part in this survey. Thanks, guys!
@Van: Really? Mass generally correlates fairly closely with Weight. Maybe in Outer Space, the links you provide could be useful for a Tacoma truck camper set up for parking in low earth orbit. Forget traveling to new gigs, he could get work doing satellite repair. Just park in the satellite’s orbital path and the paycheck will come to him. Probably won’t be much colder up there than Alaska, but getting fire wood might be a problem. But then again those 60watts of solar panel power would probably be enough to run an electric furnace 24×7 … shoot I forgot about eclipses.
One of the happiest couples we met when we were sailing in Mexico was a retired couple who had returned to cruising after raising their kids. They had sailed across to the South Pacific and beyond when they were in their twenties and had hilarious stories of what it was like to be a pair of inexperienced free spirits in a little, used, cheap boat on the big ol’ ocean as “kids,” and they were sooooo worldly wise and such seasoned travelers compared to the rest of us retirement aged newbie sailors. I recommend workamper.com and workingcouples.com to find interesting camp hosting and other jobs that are suitable for RVers where a free or inexpensive site is often part of the deal. Have a blast — and please come back and read some more!!
Nina, I am hoping to set aside some money from the selling of our home and trying to stick close to my financial goals for how much the travel trailer, tow vehicle, and merchandise will cost. Only a real estate agent will tell me if I have that as a realistic number goal wise. I hope to contact a real estate agent next year to see how much the house could sell for after paying the Michigan real estate transfer fee and real estate commission plus how long it will take to sell the house. If I am realistic on that amount, then and only then will I travel down to Indiana to see how much the dream travel trailer will cost or otherwise the Northwood Arctic Fox will have to be it based on what I have seen so far. About the upgrades – most of the things that you would consider an upgrade will be on the travel trailer or merchandise wish list already. Plus you like Mr. Buddy while I will see how the goose down sleeping bags do as those only weighs 8 pounds for the two of them. Plus some of the merchandise that we have is getting old and needs replacing (want to purchase new after getting the travel trailer). There were other things included in the merchandise start up costs such as GPS, maps, kitchen, tools, furniture, sewer/water related products, bathroom, spare parts, cleaning stuff, etc. The solar power was low since I want to have more solar power and another battery or two than originally budgeted for.
Having a wood stove allows you to heat and cook without propane, oil, or electricity, which means you truly have an off-grid setup. A wood stove will keep you warm, the wood heat will dry the air out in the RV, which will help get rid of condensation from breathing and cooking. There are not many wood stoves out there that will work in an RV. I personally chose a Kimberly wood stove, because it only weighs 56 lbs and it’s extremely efficient. There are a few other companies out there (such as Marine wood stoves, which are a little cheaper, but you get what you pay for).
i had the same idea, and i am willing to invest and become partner in such an adventure, but would be nicer to have 15 to 20 spots, we could go over costs , find a place not farther than 35 to 40 min from a city center with ammenities, resturaunts, shopping & movie theatre, i live in s. florida and theres alot of land for sale out west, and not too far from everything, i had an idea to do a shipping container homesite, doing the same thing, same idea,,, its hard to find like minded people wanting to co-exist but the living expenses would be so low, commpared to a house and great for retirees that do not have alot of savings,, we could be a community helping each other out, i am all for that idea. would have to get plans and find out from the building departments what we can do or cant do..
For us, living mobility has been substantially less expensive than when we lived in fixed homes with rent/mortgage, upkeep, utilities, travel, etc. But of course, we were on opposite coasts when we met – Chris living in a penthouse apartment in San Francisco, and Cherie in a beachside home in Florida. For us to live in an area of the country that would keep us happy long enough to stay put, we’d be paying a pretty penny in cost of living – plus we’d still be traveling anyway because we have serious wanderlust. A mobile lifestyle suits us quite well instead!
My wife and I just purchased our first travel trailer. We bought it as a way to allow our two newly adopted children from China to see their new country and create some amazing memories with us. I am sorry to hear people are judgmental and rude but we have really appreciated all the information (including personal) you have shared. I am certain for every jerk there are ten “newbies”who you have really helped and I am sure that’s why you started this site in the first place! Thanks again, keep up the great work and we look forward to seeing you at a campground in the near future!
As for costs it’s a very variable question, but I would say most RVers are in the $2500-$3500/mo range with a few RVers who do it much cheaper (around $1,000-$1,500/mo) and some who use alot more ($5,000/mo). Your biggest variable budget item will be gas & RV park costs, both of which can be managed by how far you drive and where you stay (or if you volunteer, workamp etc.).
My boyfriend and I have been living full time in our 81 Lindy for two years now in Colorado. It has been challenging but a huge learning experience. We chose to live this was mainly because we want to save money to buy a house of our own one day and we don’t like renting. We have woke up to an exploded water heater due to the -30 degree weather and have learned that the wind chill is our biggest problem. We winterized it once for a week while we had a new water heater installed but we have made a habit of checking the water every half hour and when necessary; standing in the cold to blow dry our pipes until the water runs. We have heating tape on all the pipes and heating pads on all the tanks which does a pretty good job on keeping us safe but every day is another adventure in an RV and no matter what precautions you take nothing is guaranteed. We just recently learned that we can not run the space heater and cook anything (stove, oven, microwave, toaster) at the same time without our water heater freezing but if we turn the space heater off it drops several degrees and it’s a battle to get the heat back up.
The Dallas-Fort Worth area offers a wide variety of accommodations, including trailer and RV parks. Area mobile home and RV businesses provide year-round sites, with full hookups and daily, weekly, monthly and annual rates. You can find a wide range of sports and activities centers for fitness and relaxation, such as golf courses, day spas and tennis facilities. The humid, subtropical climate in the area often provides pleasant weather for enjoying outdoor activities at local parks and lakes.
RV living requires a bit of planning and scheduling. For us, sometimes it happens and sometimes it doesn’t, and when plans overlap or scheduling gets off, things get a bit hectic! For example, when it rains, we have Wii tournaments, and when it rains all day on laundry day, supper time is a bit interesting! There is chopping, jousting, sauteeing, cheering, and clothes everywhere! Complete chaos!
Retirement – Once you have an adequate emergency fund, and are debt free, the next component of savings is your retirement savings. We follow Dave Ramsey’s plan which suggests putting 15% of your gross income into tax-favored plans such as your company’s 401(k) and Roth IRAs. Don’t wait until later to start saving for retirement. You just never know what may happen in the future!
After completing 2 weeks of travel, I have spent a total of $240 on diesel fuel. Having spent $0 on lodging, and having a supermarket available at almost every stop, I have lived as well as anyone else — either on the road or parked — for the sum total of less than $500 a month, excluding the cost of food. (Food is a fixed cost that you have no matter where you are.)
For the merchandise budget I allocated $30,000, which includes such things such as solar power, computer and internet related gear including two brand new laptops, new photography gear (have Nikon cameras, but want digital). Currently up to $28,000 on my list, but still have things to add to the list. The budget for the merchandise could even be low.
First of all, thank you for your generosity and how much you help people here! Today I found your page/article and am so grateful. You and your family are such an inspiration to my husband and me. We currently live in NYC and have owned and operated a yoga studio since 2009. Community is of utmost importance to us and the unreasonable expenses of living in this city are endangering the studio’s sustainability.
The question of buying a new or used RV is a big one, and there are several things to think about. First, it’s important to remember that the term “RV” stands for “recreational vehicle.” Most RVs are not designed or built for full-time living. This means that these vehicles can quickly show their age, especially with heavy use. Buying a used rig might mean buying a few extra headaches, which can include everything from a leaky roof, plumbing problems, sagging mattresses and cushions, or stubbornly slow slideouts.
*European type all-year RV’s (like Exploryx/Bocklet/Unicats/Action Mobil//etc, as well as the winter versions of Hymers/Concorde/etc.), will have some or all of three items: a heated fuel pre-filter, a heated airbox, and a diesel engine heater (works down to -40 Celsius). This unclogs/loosens/melts any wax in the diesel lines on the way to the engine.
Induction Cook Top – Campground fees almost always include your electricity so it makes sense to use electric appliances when possible and conserve your propane. This is why we regularly use an induction cook top. Another benefit is that it frees up another burner if you are cooking multiple dishes. Our induction cook top has held up well but if you are looking for something a little fancier with a little more wattage there is this one. Note: You must use cookware (I’m eyeing this set.) made out of magnetic-based metal to work with induction cook tops. Induction cook tops make great gifts especially for the very utilitarian RVers.
Hydration Pack – If your favorite RVers are outdoor enthusiasts gifts like backpack hydration packs will be appreciated. In our experience, hydration packs are a must for hiking with kids. Our boys have Dakine hydration packs similiar to this one. Brent and I both have Camelbaks with insulated drink tubes (similiar to this one) that along with hiking in all temperatures, we wear when snowboarding.
My bucket list included photographing eagles along the Mississippi River in winter. We arrived in Davenport, Iowa and were lucky enough to find a county park open with electric. No problem our basement was heated, so we thought. That plumbing bay has a plastic bottom with a hole for the sewer hose. Did you know plastic is a conductor of cold? We didn’t consider it util our water filter froze and the pump dumped 90 gallons of fresh water on the ground.
This is something we cannot advise you on. Our experience is life on the road is a little less expensive than sedentary life. I do know there are several people out there living extremely inexpensively in an RV, but I’m not sure where to direct you. I would think living in an apartment would be less expensive and more comfortable than trying to live in an RV. The one piece of advice I can offer, don’t purchase a motorhome (RV with an engine) if you’re going to leave it sitting, purchase a towable that does not have an engine.
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.
Hi Guys, we enjoy your blog. We are planning on full timing it next year. We are working hard on our house so we can sell it. We retired from our sign business (The Sign Mobil) in 96 and went cruising on our (37′ Sea Runner Trimaran) for 10 years. Since then we have lived on6 acres near Ava, Mo. We’re tired of the winters, tornados and lawn mowing. We’re planning on buying a 35′ motorhome and hitting the road. Your blog is a godsend with tons of good info. We will be using Mail Call in Shelter Island for our address. I did the sand blasted sign for mail call in 1986. Have you used them? We may have met each other in San Diego. I am a grad of Point Loma High went to San Diego State. I knew a Liberto when I was in school. Any Connection to your name?
I think it’s important for any couple to purchase an RV that fits comfortably in their monthly budget. You need to consider the monthly RV payment, insurance, fuel, maintenance, repairs, general upkeep, campground fees—and still have money left for other day-to-day expenses and discretionary spending. In most situations your first RV won’t be your last RV, so it is practical to find an affordable RV that won’t break the bank, as the old saying goes.
Another idea to save big time is to spend a few months in Baja California every winter, where food is crazy cheap, boondocking is abundant (you can even find spots with lots of other American / Canadian snowbirds if you’re concerned about safety, but it’s completely safe in our opinion after having been down in Mexico in general for a year), and in general the sun shines all winter long.
I’m a little late to be answering this, but you are so right about the floor plan needing to be functional with the slides in. We were careful about that when we bought our 5er, because we had lived in a short Class C for a year and knew what we wanted. Some of the floor plans look great with the slides out, but then you can’t get to the fridge or bathroom with the slides in, especially the kitchen island set-ups. Our fifth wheel may be a little cramped with the slides retracted, but it is completely usable.
Propane: While camping in November and early December when temperatures fluctuated and our RV furnaces didn't run consistently, a propane fill every seven to 10 days was good enough. But, during our first January, it didn't work very well. With two furnaces cycling continuously, our propane supply was depleted in four days. We finally rented a large propane tank with a specialized regulator (installed by the propane company) with a fresh supply of propane delivered every three weeks. This was not the most economical route, but it was hassle free.
Most RV parks have wifi, but the speed is slow and it might make you want to pull your hair out. If you’re going to be working out of your RV full-time, I would highly recommend investing in a cell booster that amplifies your sign signal. A cell booster will amplify your signal while camping in places with low signal. We use the WeBoost cell booster (affiliate link) and it makes a huge difference in allowing us to get internet in remote places.
To set up residency in almost any state all you have to do is establish a physical address at a place like mailboxes and more or the UPS store has mailboxes that count as a physical address and you need to receive bills like a power bill, or other utility bill. You will need to have these bills with your address on them when you go to the licensing dept. to get your new license that makes you a residence. It gets easier or more difficult depending on the state.
Just found your site. What a relief it is to find other like minded souls. My wife and I are currently in the scared as sh$* phase as we are putting the house up for sale next month. We did our budget and are more conservative (have higher monthly allowances) than you are showing so it is comforting seeing it can be done for that. Love the idea of living life as we choose and will be following your site and really digging into your tips and suggestions over the next few months. Keep up the great postings! They are very inspirational!
I have enjoyed reading your blog. Great ideas and information. My husband and I have just retired and sold our home! We will be heading out shortly…and are excited for the journey. The All stay app sounds like a key…would love to be included in the drawing. I can’t wait to show my husband your site…if he hasn’t seen it already! Thanks for sharing! Happy Trails!
My husband and I are considering fulltime rving. I have been reading different blogs and how to start and all. I am wondering on jobs. Unfortunatly we are not independently wealth and still have not won the lottery. Our thought is to travel to area work for month or two and then move on. Do you have any suggestions on jobs or really good website for that info. We are at a point in out lives we just want to go and see the world why wait until its to late. We are young and ready to go just have to take that leap.
Ya’ll are killing me with these videos! Each one gets funnier and funnier! Super great info for people who might be dreaming about RV living! We have friends who lived in an RV with their 3 kids! Talk about space issues! Pretty sure they stuck to warm climate areas so they could utilize the outdoors! Here’s to warmer weather…and a house someday soon!