Living in your own RV can be a good thing and a bad thing. A good thing in the sense that you can travel around the world with your loved ones and explore while the bad thing is that living in your RV can sometimes be expensive. However, the main question on everyone’s lips when it comes to RV living is how much does it cost to live in an RV?
Is it a cheaper method of living as compared to living in a brick house?. Don’t worry, as we got you covered. Down below we have discussed the costs of RV living and whether it’s a good alternative to living.
The New Home
RV living can go as high as three hundred thousand dollars. Buying the trailer home or rather the motorhome is one of the biggest investments in RV living. The new trailer home can cost up to three hundred thousand dollars depending on certain aspects such as the features and styles. From time to time, the RV has to be financed.
This also comes as another cost, when you have to acquire another separate vehicle that can tow the trailer or tow slightly behind it. The vehicles used for towing the RV camper are generally big cars such as SUVs.
For those asking how much does it cost to live in an RV, then you can pretty much see that it can be quite expensive. In case you have to buy a new vehicle for towing, a big truck of that kind will cost between thirty thousand dollars and forty thousand dollars.
Other motorhome owners tend to tow smaller RVs so as to buy smaller cars such as the sedan. The cost of buying a sedan in the market is around twenty-five thousand dollars. You then have to ensure that you have connected the RV camper to the towing car by use of a braking and towing system.
This can cost up to one thousand dollars. Before you use your RV camper you should make sure you have the insurance of the towing car, RV, and repair costs.
You should know that the insurance for your RV is very different from car insurance. The RV insurance is the same as a homeowner’s insurance hence there is a need for a separate policy. The insurance for your RV is not that bad.
It is around three hundred and fifty thousand dollars and this can depend on whether the travel trailer or the motorhome is covered in the insurance. In some of them stayed, there are taxes for RVs. Insurance for your RV is about three hundred thousand dollars every year so is the registration of the trailer and the truck.
Some of the places do not allow you to park your RV there for free. RV resorts and campgrounds have different prices depending on aspects such as duration of stay, time of the year, and location.
The average cost of spending a night in the RV resorts or rather campgrounds is between thirty dollars to fifty dollars. Within the month you can get a fairly good discount for your loyalty. The cost is used for sewage, cables, WI-FI, water, electricity and bathroom, and laundry facilities.
In case the RV resort has many amenities this will lead to high costs of living in the RV resort. If you want to know how much does it cost to live in an RV, then you can visit the RV resorts or campgrounds for direct information.
In case you don’t want to spend money on camping, then you should be in a position to be able to dry camp. This means that you will not be able to have amenities such as electricity, water, and sewage.
You will be forced to dump your own waste and there are no locations of dump stations available in the area. The free camping grounds are generally in public lands and controlled by public organizations such as the wildlife management areas.
In case you are looking for camping grounds there are very many locations that you can camp overnight without paying, but they do not provide you with many amenities.
In case you have ever traveled by use of the RV then you will know that fuel is one of the most important aspects of the RV lifestyle. How much does it cost to live in an RV while fueling it, is something you should consider before choosing the RV lifestyle.
The fuel economy that surrounds the RV lifestyle can range from eight to twenty miles for every gallon. This can depend on whether you are driving the motor home or rather you are towing the travel trailer. In case you are towing, then the costs will be slightly lower as the range for the towing vehicle is about seven miles for every gallon.
Diesel engines can be said to be slightly more fuel-efficient as opposed to the rest but can be expensive in the long run. The fuel prices often fluctuate depending on certain factors such as the season and the location.
Other fuels such as propane that you are using for cooking, fluctuates in price from time to time. Most of the camping retailers and RV resorts often offer the campers refills in their propane tanks other than them swapping tanks which are very economical.
How Much Does it Cost to Live in an RV – Real-life Costs
The other costs for full-time RV living are not that different from living from the comfort of your home. For most of us, it is not how much does it cost to live in an RV, but the experience that comes with it.
You get to travel and be adventurous from the comfort of your traveling home together with your family. There are certain aspects that will make your travel on the road with comforts such as cell phones, food, and medical insurance.