What are the basic RV living costs? It’s what about every person thinks of before stepping into the lifestyle of an RVer. The truth is that there is no fixed way to answer that. The RV living costs vary from person to person. Let us find out more below!
How much are RV Living Costs?
Calculating your RV living costs might be a little complicated, but planning every need of your life, having a record of your expenses, and having a fixed budget can help.
Moreover, there is no fixed answer to how much everyone living in an RV spends and saves because it all comes down to the personalized lifestyles of people. There have been people who have been able to pay their debts by living in RV. Some people had to compromise on their basic needs while leading an RV life. Thus, it depends on your lifestyle and many other factors.
What is the Average Monthly Cost?
As mentioned above, your expenses can expand or reduce depending on your lifestyle. However, a few things have nothing to do with individual lifestyle preferences. By including only the mandatory expenses in the calculation, the average living cost is around $2,000.
Is It Cost Effective?
Here is the biggest fact about living in an RV. It is that it costs much less to live in an RV as compared to a home or an apartment. You can save a considerable amount of money every month. Firstly, your home is your transportation medium. Secondly, your home demands much fewer maintenance charges than a conventional home. There are no expenses that you would otherwise be spending on your home.
So, if you love the freedom in finances and places and can compromise a little on your living style, you can save a lot of money.
The Basic Expenses You Would be Paying While Living in RV
Here is a list of the things, along with an estimated amount for a monthly basis!
- Lodging $100
- Parking Fees / Tolls / Admission Fees $50
- Propane $40
- Diesel for the Truck $300
- Dining Out $50 – 100
- Entertainment / Hobby $50 – 80
- Household Items / Groceries $500
- Gifts $50 as per the monthly circumstance
- Cell Phones and Internet $70
- Storage Units $80
- Financial Advisors $100
- Insurance Premiums $200
Your expenses can increase during festivals when you need more money to buy gifts for your friends and family.
As discussed above, living in an RV is much more cost-effective than leading a conventional life. The best thing is that there is no compromise. The items you let go of are being replaced by more amazing things, like the ability to travel anywhere and replace the comfort of your conventional home.
When your RV is having technical or any problems, look no further than TNT Mobile RV Repair Company!