How much does Boat Life REALLY Cost? CRUISING on a Bluewater SAILBOAT [2 years to 2020]
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- เผยแพร่เมื่อ 5 ต.ค. 2024
- We finally answer the big question: How much does it cost to go cruising?
We crunched the numbers from 2 years of our spending (from Jan 2018 to 1st Jan 2020) and broke down the costs of searching and buying our 1981 Tayana 42 (a blue water classic). We also detail our costs in refitting and upgrading the boat while sailing around the Caribbean.
We also go into detail on how much we spent over a 2 year period in everyday cruising costs such as our food and drink, fuel, mooring, and marina costs as well as checking into countries.
We compare our costs with some estimates from Beth Leonard (The Voyagers Handbook) and Annie Hill (Voyaging on a Small Income).
We hope that this video can help you budget for your own sailing adventure and see where most of our expenses lie.
00:47 - 2 years in review and why we waited
02:00 - How we got the numbers
02:33 - The cost of acquisition
04:22 - The cost of upgrades, refit and upkeep
08:04 - The cost of living
11:31 - The cost of cruising
13:33 - Total of all expenses while cruising
14:02 - How did we measure up?
Music Credits
All Music from Epidemic Sound
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About Us
Adam and Khiara are making sailing videos and adventures around the world on our 1981 Tayana Vancouver 42. We plan to sail around the world and make our way back to Australia.
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As a licensed captain and owner of a 35 feet sailing yacht I can assure you that the problems and expenses are a never ending story. In a nutshell you have to be prepared for 70% work/time/money and 30% pleasure, and if you do not intend to work yourself on your boat, then don't even consider it unless your really financially stable. It's as simple as that. It's not the capital costs that count but the running costs. Common problems on a sailing yacht are windlass, engine and gearbox, outboard, sails and lines, rigging, navigation systems and autopilot, plumbing and electricity, etc etc etc ... and the more complications you have the more are the problems and expenses. The boat itself is ok but all the equipment is sometimes a nightmare. Something fixed, then something else goes wrong all the time. And I have all the equipment brand new including the engine, let alone old equipment. And don't believe all they say about sailing yachts and how easy are they etc, because you don't know who they are and what they do and their financial status and who their parents are. If you are a worker like me it will dry your pockets out rest assured. Forget being unemployed and go sailing around the world, just forget it cos you need loads of money. I spend around 4,000 to 6,000 USD per year just for the boat, and the bigger the boat the bigger the expenses. The expenses include the yearly maintenance, insurance, boat paperwork, plus all that goes wrong and need to be fixed, and excluding the mooring fees, but surely I need 4K USD each year for the basics. And for the life-raft save another 2000 USD to maintain it every two years. And if you moored in a private marine save another 5000 USD per year. Then if you want to spend 90% of the time editing videos rather than sailing, hoping to find a sponsor, then the story might change and the expenses get lower. But what I wrote is simply me trying to cope with boat without any support. It's not as easy as it sounds that's for sure. I'm even considering selling my boat cos when I put everything on a weigh, the ratio between work/time/money against pleasure is by far outweighed. With the money I spend each year to have some sailing pleasure, I can visit 4 to 5 different places by land without any headache that something might go wrong. This is my honest confession. Bottom line; it is very nice to sail and enjoy the sea but my advise is to think and do your homework very well before buying a sailing yacht or even a boat. Fair winds :)
This answered all the questions in my mind.. thanks
i think you're right about most of it. the only thing is (and ive had a few beers so i may not say it eloquently) that you're assuming a level of comfort and safety which I (and maybe others) would not pay for. i havent got any interest in boat insurance, healthcare insurance, liferafts, AC units, mahogany, electric flush, marinas, yacht clubs or catamarans. if my boat disappears underneath me one day, i believe i'll swim ashore, ready for the next adventure.
And I thought 600$ a month was a lot : (
@None Applicable i guarantee you im always on the go and prevent instead of repair. But shit happens yes and repair is needed. Rest assured im not lazy on the boat and use the best materials i can afford. You got a totally different picture my friend.
@Todd Nguyen im not the type to be online 24/7 mate. Thanks anyways for your advice.
My 30' sailboat runs about 8 mph. People say, that's so slow! Yeah, it's really slow for a race car. But it is super fast for a house!
The value of the smile on Khiara's face? Priceless.
SIMP
I think your cost being lower is flat out due to Adam's engineering prowess and both of you are NOT afraid of work. = Priceless. :)
For budgeting, I think you need to estimate the life expectancy of your refit items (rigging, fridge/freezer, etc) and divide the cost by that number of years/months. Add that to your monthly budget, to be saving for these future expenses (operating and capital expenses).
You are providing a great service to anyone who is actually considering such an adventure.
Your candor is the foundational ingredient that makes your video here so beneficial.
To a great extent your costs come down to the original boat purchase and how thorough/competent the survey was. I think the lessons for viewers planning to buy and cruise would be to look at for example all of the upgrades you’ve carried and then find boats that have already had recent upgrades. We didn’t consider any boats with teak decks, but you did and ended up removing the deck. The flip side is that you could buy a boat with teak decks for less - as you’re never sure of the deck condition under the teak.
I like your numbers and I also see how you live von your boat. Well done. I spent a year living in the same marina as Annie Hill. Yes her numbers suit how she lives and she lived very comfortably during that time. People don't really understand how much stuff they carry around that they actually don't need in order to live comfortable. I look around my boat now and see 500 for that, 200 for that, 700 for something else, the list goes on. It's staggering really... Keeping things simple and real, saves a bloody fortune...
That is excellent information. We owned a 40 foot ketch about 35 years ago and the costs were going up every year. So I was curious to know what they were today. Another approach is to have a boat that you use as a liveaboard but don't sail very far with. The price can be a lot lower but you can't use it much as an offshore vessel. Some people do that too. Thanks for your information and hope that you both have a lot of fun!
Where in the US can you live on $1,300/month? Most apartment rentals are more than that for two people, and that's not in the coastal cities. Also, you took a 42' yacht, refit it to the way you want it, and you ended up paying only $70,000. Most decent 40+' boats ready to cruise are easily over $100,000. Where can you buy a house for that in the US (or Australia?) Providing you don't sink her, you will probably be able to get most of your money back should you ever want to sell, which means you will be living on this boat for only maintenance and repair costs, or pretty close to it. I think you are way ahead of the game. Keep moving forward.
most people need jobs though to support their lives. If it only costs 1300 a month You still need to make 1300 a month somehow. there aren't too many jobs paying that in the middle of the sea
@@saltyspaceman5697 I know what you mean. Those bus & train commuting times must be murder!! And you get in the door, she looks at you strangely and says ..... "I bet you forgot the milk & bread right??? " 😨😵😭💣
@@saltyspaceman5697 it seems that you are either "rich", have saved up quite enough to sustain that lifestyle for a couple of years ( with hopefully an exit plan ), or you incorporate youtube and the likes as a revenue stream into your planing and execution successfully (and yes there might be some jobs that can be done on the go, but quite rare ) .. most of these youtubers do not present us a "sailing lifestyle" but a "sailing with youtube lifestyle"... for some it works out due to their efforts and quality of content and for others it won´t...
Just about anywhere rural in the Southeast USA. You won't get in the cities, coastal towns, college towns or resort areas. You might have to live creatively. I've done it for many years, and It is a rare month that I don't have plenty of cash on hand at the end. You keep what you don't spend. You just have to adjust your thinking on needs vs wants.
@@jennyhall1120 You are a rare person these days. I agree with you, but I’ve lived all over the US, and $1,300/month for a house purchase for a couple is very commendable. With taxes and insurance, that’s about a $100,000 house. That’s pretty cheap for a decent house in the US.
👍🏼That was so well done and very much appreciated! 💕 You two are so well spoken, so well-travelled and your happiness, love and goodness brings light to me and others!! 🌟 I'm not your mom, but I have kids/adults your age and I just can't say enough how proud I am of you both! 💖 Hoping to follow in your footsteps and perhaps someday I will be able to stumble upon you two out there in the magical big blue!! ☀️⛵️🌊🏝
I think you are doing a great job of keeping your expenses down. The costs could easily go WAY higher without much more reward. The issue for us boat owners is that it is easy to get carried away and comnpletely obsessed with our boats. This ensures that we are generally willing to pay exhorbant amounts of money to fix up our "babies". So the fact that you have the self restraint, and discipline to manage your financial outlay in this manner is truly commendable. I say "Job Well Done!" Keep at it. Congratulations.
How much money does it cost to go cruising = All the money that you have
Yea i don't have that.
I used to have money and time. Now i have a boat .)
I think you are missing the point...including the cost of the boat they spent two years traveling and vacationing and it only cost 45k per year over two years. Possibly the smartest people alive. This rocks. You wouldn't need very much income or much investment capitol to cover this lifestyle.
My dad once told me (on the day he bought a boat): Only two days to enjoy a yacht; the day you buy it and the day you sell it. All the other days are just standing in a cold shower burning £50 notes.
Nothing is free, that's the first thing you notice when go out from daddy's home
Very well done.
Good information provided with a fondation of fact not conjecture or estimation.
Thanks!
Cool, thank you to show us books from experienced sailors and what they was saying about.
Enjoy your waterworld-yourney.
Greetings from Switzerland
I only just found your site and I am enjoying catching up a bit before spouting opinion or questions , but I have one "free (and worth every penny)" bit of advice: Don't let the desire to save the last penny get in the way of maximizing your enjoyment of this multiyear voyage . You are young and now is the time to build the memories you will want when you get older >
Thanks so much for the incredible breakdown of expenses, very clear and well presented.
I have been saving for a few years now for my retirement on the water and this is motivation for me to head offo my 12 hr night shift with a big smile on my face.
thanks again and stay safe.
cheers
I’m so glad we could help you! 😊 this gives me a big smile on my face too knowing that!
An absolutely brilliant video! Thank You and Happy Trails!
Excellent presentation. Very informative and transparent. Opened my eyes up a little more on the reality of cruising. I may have to cruise for 6 months and comeback in to work for 6 months to a year.
Well done! You are living the dream on a phenomally low budget. Your ability to spot a good deal and self perform many maintenance tasks is truly inspiring. You guys are spending a fraction of the costs that I had anticipated.
Just saw this episode. Have been dreaming of buying a boat and setting sail. Really is helpful to see actual costs presented so throughly. Thank you for sharing.
Best video I watched on cruising costs. Thanks.
Great vid guys. I have just come across your channel recently & loving it. One of my top 3 sailing channels. I have done a lot of boating before but have never sailed. I have always dreamed about sailing the world & now starting to really consider it, as long as my wife & 2 young kids are on board with it. I am learning a lot from you guys 🙏👌
Thanks for being so open and sharing- keep making great videos! Keep having fun!
You two are absolutely killing it with your monthly budget, well done. The learning curve on upkeep and repairs is another hidden cost that in the future will pay you back handsomely. Now all you need is the stupid pandemic to go away so you can visit some new islands!
Wow
You two look very lovely guys, thanks for all the info and effort! Hope to meet you guys one day!
Cheers and be safe!
Oh my god.. sailing and living on a boat has always been a dream of mine. This is swelling my heart.
I can't even swim, AND have a big fear of deep ocean. But still a very plausible dream.
People! This is GREAT! To the point with a sharp details. Thank you so much for sharing!
Thank you for breaking that all down for us, you both took a lot of the mystery out of living that lifestyle.
BEST EVER COST OF CRUISING VIDEO!
YOU GUYS HAVE SET THE NEW STANDARD.
As a cruiser myself, I so appreciate your EXTENSIVE video.
GREAT JOB!
but 656 dollar per month on basic maintnance is real?!?! That seems like ALOT to spend on hoses, fittins, etc...
That was great buying and refitting. Top job all round
I like the way you are doing things. Spend enough to enjoy but don't waste. Have fun.
Guys, thank you so much for sharing the real costs and not some hypotheticals. The Cruising handbook is way over targeting the prides and probably assumes you have a newer boat and a lavish retirement lifestyle (which is not the case for most people). Fair seas to you both.
Thanks Khiara and Adam, that really puts the cruising lifestyle into perspective! Yes, it's not necessarily cheaper than a land-based alternative, but it's not beyond the dreams of the average person who would love to do something different in their life. I would love to do what you guys are doing (but need a lot more knowledge and practice) but I don't think my other half would be too keen! So, just very envious!!!
PS: maybe I'll be able to talk the other half into cruising the waterways of Europe (after Covid is gone) as an alternative. Not the same, but we all have to make amendments!
A most excellent video, thank you for the time you spent. And as always Khiara, you are a beauty.
Your partnership is alive and well, you two make a good team.
I really need the information like this recently, thank you so to provide. You two encouraged me to save the money to chase my dream.
Very informative and not biased piece of information. Simple and clear. My compliments
Super helpful video... I’m on the lookout for a Tartan 37 which is in the same stratosphere as your Tayana price wise. The monthly expenses are in line with what I’ve seen on the forums and as most of them point out, you can spend as much as you want or if you’re even a little bit careful cruising is within the reach of almost anyone.
Definitely agree, if you have the money then there is always something you can find to improve. We’re kinda of the mentality now though that we do have years to make those improvements and we don’t have to do everything now. I think it’s about time we just sailed the boat 😆
Just stumbled across your channel after watching Troy & Pascale. I think I'll binge watch. Fair winds and following seas.
What a great, REAL, down to earth..and imminently practical description! Thanks!
Love this! What a fantastic, realistic and detailed account...... so helpful!!
Whaaawww good presentation and a fair realistic way of reporting you
boat life. Still a dream for me but with 35 years of sailing experience
and a own boat ..... I hope to follow you're way..... cheers and good
luck. Ever near Belgium of Netherland .... just give a sign
Very well presented, you both are doing the right thing. Try and rent a house in one spot and live on that money cost you just showed. No way. You are having fun and keep doing what you love. Regards Steve (Tasmania).
Earned a subscriber! Didn't beat around the bush and actually gave the relevant information. Thank you!
Great video guys. A number of other vloggers have done similar pieces but you really laid things out nicely. On top of that you kept smiling and laughing which is always nice to see. You have helped me understand what I might be getting into once I can cut the land cord. Keep smiling and sail on.
Thank you. This is the hardest thing to find information about for those who have dreams but not much experience!
That was awesome. We once started to add up the costs of owning our boat. Then the numbers grew. So we stopped counting. You’ve been *so* brave .... 🤣
Super handy guys, we're 4 months in to a major refit - bloody glad there's a few clips like this so we can see what it's really like
Superb video. Thanks guys. Looks a wonderful life
That SINCERELY helps a lot. We'll be looking for a boat August/September of about the same size/years. Not nearly as scared to death after this.
Glorious, truly. Thank you for sharing your adventures and that over-arching detail…costs. You are living one of my dreams. May you be well and fortunate.
You guys did a very great job. You both show all the lazy peole round the world, what a human being is able to do and having fun with this kind of life. Greatings from Munich, Bavarya :-)
Thanks for breaking it down, that helps reduce the concerns!
Very informative when it comes to cost of cruising. I think you've done much better than most.
Love your channel! Thank you for taking the time to crunch the numbers😊 Still saving up to get the boat first hand, but nice to have some perspective when it comes to cost... Fair winds, love from Norway😊
Great Video guys, and a huge help to someone who's 12 months away from throwing the lines. thanks!
That was really well done. I think I'm going to watch it again! Great job guys!
1:54, that's my list exactly! That's all you'll ever need 👏
After watching a bunch of videos I think the range is $8000 to $15000 a years depending on your lifestyle and boat.
Excellent video and summary. Thank you.
As someone else said, "you're killing it!" And don't forget a comparison of that $1300/month on the MF to either renting an apartment or paying a house mortgage......eek lol. Cost of living your dream? priceless!!! so happy for you both!!! (and so happy you're sharing with us!!! thank you!)
I've just started researching the concept of living on board a boat. I'm targeting SE Asia as my starting point for acquisition and getting my feet wet. First time hitting TH-cam and came across video. Agree with everyone, very well done, excellent information and appreciate the detail and the production values. I've read all of the previous comments and the obvious question that only came up a few times, I assume because of our cultures affinity to think it's imposing or being nosey, what is your source of income? How do you finance the lifestyle, year over year? Is sponsorships or does making the excellent videos provide you with enough viewers you can generate enough income that way. If I'm out of line, well I apologize, but where there's cost there has to be a way to pay for it... I hope to run into you out on the blue water some day.
I've just begun to look into purchasing a boat. And the info provided, seems to be an excellent starting point. I realize I'm in for some rude lessons. However, the journey on which looking for the boat that suits my needs/desires, I find invigorating! I will subscribe and take in as much of the information you have shared!
Safe travels!!!!
Wow! Lots of great info in this episode for sure! Thanks for letting us know. Lot of work just to pull all that together!
Thanks for sharing your expenses as evergone seems to keep it a closely guarded secret. I've been reluctant to think about buying a bigger boat due to unknown expenses
Congrats, very clear the way it is presented and fun to watch, except for discovering how expensive it can be do the actual sailing.
Great video! Really covers the real cost of cruising At first I thought the overall cost was a little daunting but when you look at the boat cost as your home cost, it really comes into perspective and can be done.
Thanks for this. I've been racing through hypothetical calculations trying to play out various futures that may or may not include a sailing yacht. This was the information I've been lacking. Cheers!
Thank you for being so candid. Loved the video. Cheers from Akron, Ohio, USA
Great, have not been sailing in 30 years, aussie living in USA, good luck, happy sailing, thanks,
Great video, very helpful, stay safe and all the best from Germany !
I am super impressed. Great explanation and such a low spend. Been loving following your journey. We appreciate the scenery and the nuts and bolts of jobs processes and costs.
The videos and costings demonstrate a dream as widely accessible. That in itself is an incredible achievement and service
I'm thinking Khiara's stunning smile might be getting you discounts. Thanks for the summary.
Great vid, guys.Very informative. I am looking for a boat myself, and being a retired business analyst accountant, and not wanting to turn my prospective blue water cruising experience into an arm-chair ride for geriatrics, your calcs were somewhere just south of my own projections. Well done!!
Best video of sailing expense that I have seen to date. Cheers to you.
Nice breakdown and good to compare the other two from the books.. stay safe..
Wow, what a wonderful upload! So nice to watch interest upload!
Thank you, so much! You've answered a lot of questions. I love you guys! I hope my wife and I meet you out there on the ocean someday!
Sailing is not cheap! Wow! A lot of responsible requires for a boat, maintenance, repairs, security, finances, electronic devices to eye on the weather, and navigation. Living in frugality is not easy either. No income available is rough. However, you enjoy immensely sailing and sea adventure! That enriched your extraordinary traveling experience for once in your lifetime. Cheers! 👍😇👍
Such a USEFUL video. Thank you.
Thanks, I'm planing on sailing the world in 2023. I planed a budget that fits easily with what you have spent. Already looking for the boat, wish me luck.
You guys did GREAT compiling this Data..!!
My question is, where does your income come from? To me, that's more important. Because income dictates what your expenses can be and are more easily managed. Of course.
Well they have a sizeable TH-cam following and 268 patreons so that's going to help a fair bit
@@Hawks1980 I'm curious how much 50k subscribers would pull in ad revenue. Its a fairly niche subject they cover and TH-cam isn't exactly the best at paying out, you're more likely to see any income taken away because some asshole rights-management company flagged every one of your videos for a song they don't even own than anything.
Patreon is an interesting one because I've not heard a lot of bad said about it, but most of the subscription bands are pretty low. I do wonder just how many of those 274 (as of writing) Patreons are on the $2 or $5 tiers.
Most of the time with people living a nomadic lifestyle, I've found they work as consultants or do some online work, which can pay pretty well but you have to balance between doing that job and actually living the lifestyle you want to.
Patreon can provide just fine. I've seen people with much more Patreon but I'm sure this helps quite a bit. Many people, as well, rent out their homes or flats which can keep the skids greased
@@cyqry b
I’m obviously no expert in financial boat department, but we spend about that per WEEK on land living in our own home and our expenses. We also have 5 kids still at home so there’s that. I have seen some sailing families with kids that spend closer $4500 per MONTH on their budget. When people are living on land, I think they don’t think about the smaller things needed to be accounted for in their expenses. People make it sound as though sailing is more expensive and things constantly break down (which I’m not denying especially when buying an older boat-your expenses will be higher) but when owning a home, there’s the small things like paying a plumber, maintenance on furnace, up keep on other home repairs as well as vehicle maintenance and having to drive to work everyday, not to mention their coffee order on the way their every morning, things we splurge on here and there because ‘we can afford it’ that we don’t usually account for and they’re not saving for a rainy day, let alone for a boat fund. Where many people here are saying thanks for crushing their dream by being real about these costs and are now ditching their dreams of sailing, I see this inspiration and as being totally possible if we didn’t have a 9-5 brick and mortar job to go to and was able to work remotely. I know that life is not an easy one, but after seeing a $1300/ month budget....I would gladly trade being locked into a $1300/mo mortgage payment for paying the same amount for the freedom of sailing on the seas any day! 💗
Really nice episode! Thanks for the figures!!
Love the style of your vids guys. This one is really useful. Tx.
brilliant video - really useful. When you guys have small people to add to the mix you will certainly notice a difference in your living costs...
Well put together video. I am amazed at how low your food costs are, currently for two people we are spending closer to $900/month and that doesn't include beer. Granted, North Eastern US but in general I have always thought the food here reasonably inexpensive. Good on ya for figuring out how to do it so cheaply. Our budget is higher but we also like to do a bit of the fancy on wine and food every now and then and we have only just begun so fingers crossed we'll get he numbers down some more.
Thank-you for all of this information, especially the monthly food costs and cruising costs. I already own a capable boat for the task at hand. Fair winds to both of you.👍
I am so glad you crunched the numbers for your cost of cruises and maintenance . Great break down. Do have income xoming in to keep you cruising?
This is PURE GOLD.
Thank you for the rundown. My girlfriend and I are building out a van currently. Once our son is older, we intend to sail. I've designed my life to be able to work 100% remotely and she has as well. I think we'll be making well over 150k/yr by the time we depart which would fit this budget nicely. We need to start saving... I'm 35 years old and have spent most of my life partying and acting a fool. With a 1 year old and a girlfriend now, I need to keep my eye on my long term prize of traveling (but now with a family). Your budget gives me hope that this is possible. With the new Starlink internet nearing full deployment, it gives me even greater hope that this is possible. Cheers to your future adventures and hope we cross paths some day! :-)
Wow! What a fantastic video! Great work, very useful. I appreciate this a lot!
I really don't think you could do much Better..!! You guys are doing great. Your budgeting and costs are extremely slim. Excellent Channel.
One of my dreams is to own a yacht or boat that can cross oceans.. I've looked online at many many diff types.. Mono hulls, cats.. power cats.. trawlers.. expedition.. explorer... and while exciting to view, the costs of most of them are so high $200k into the
$ millions..
Seeing an older but solid quality older boat being bought & upgraded/refitted for $70k is actually pretty comforting.. thinking I could potentially get into a nice roomy boat for that cost.
For less then 50 k and be on your way , it’s do able
Our family of 4 rented the house out for 1.5 years and sailed the Caribbean and USA for $0. The rent offset all the living and boat expenses, so temporarily pulling savings out of the market to buy (and later sell) the boat was the extent of the financial impact. Point is, YOU can go sailing if you really want it.
Outstanding!! We are about to pull the trigger on a boat. This was so helpful. Thank you!!
Very well done. You have really worked it down to a manageable amount for a low budget.