How Much Does It Cost to Live in a Campervan/RV/Motorhome Full-Time?
The cost of living full-time in a campervan, RV, or motorhome varies widely, but it often offers significant savings compared to traditional housing options. While the initial setup and ongoing expenses are higher than staying in hotels or campgrounds, the long-term savings can be substantial.
Common Costs and Expenses
When considering full-time living in a campervan, the primary expenses fall into several categories:
1. Fuel Costs
The single largest recurring expense is fuel. The exact cost depends on the size and efficiency of the vehicle and your mileage habits. Some owners reduce fuel expenses by choosing efficient models and by planning routes to minimize driving.
2. Repayment for the Vehicle
If you own the campervan, motorhome, or RV outright, the cost is minimal. However, for those who have a loan, monthly payments can be substantial. For instance, the author mentions paying $600 a month for a 32-foot Class C RV, but they only use it half the year due to Alaskan weather. Owning outright or financing the vehicle will significantly impact monthly expenses.
3. Maintenance and Running Costs
Maintenance includes routine servicing, tire rotations, and mechanical repairs. Additionally, there’s the cost of any gadgets or accessories you’ve added to the vehicle. Running costs such as bottled gas for indoors heating and appliances also factor into the budget.
4. Campground or Parking Costs
While you can often park at no cost in large stores or roadside parking, accidentally ending up in a campground that charges can add to the expenses. Campground costs can vary widely from free (on National Forest land in the US) to up to $30 per night for luxury sites.
5. Overnight Expenses
If you do stay in campgrounds, the cost of overnight stay can add up, especially in popular areas. However, many RV parks offer free or reduced-cost overnight stays if you're a long-term resident. It's worth checking.
Comparison to Traditional Housing
Living in a vehicle isn’t for everyone. While it can be cheaper than owning or renting a home or apartment, there are qualitative costs outside of just the monetary ones. The social isolation, lack of reliable Wi-Fi, and the constant need for external services can be significant drawbacks.
Alternatives to Full-Time Living
For those unsure about committing to full-time living, renting a campervan for a vacation can be a testing ground. Vanish Travel, the author's work place, offers campervan rentals for varying lengths of time. Guests can live the dream for as long as a month, gaining hands-on experience without incurring the full financial burden. This allows for a shorter-term exploration of the nomadic lifestyle with reduced financial strain.
Finding the Cost-Effective Solution
The true cost effectiveness of living in a vehicle depends on how you plan to use it. If you own the vehicle, consider the expense of full hookups, which can range from about $200 a month. Additionally, insurance costs can range from $100 to several hundred dollars per month. If you frequently travel, fuel and maintenance costs will be higher, while if you park it more, you may need to pay for storage facilities.
It’s crucial to do thorough research and plan based on your specific needs and style of living.
Conclusion
Full-time living in a campervan, RV, or motorhome can be a viable option for those seeking a more cost-effective and flexible lifestyle. However, it’s essential to weigh the financial and qualitative costs before making a long-term commitment. Renting a campervan for a short-term trial can provide valuable insight without incurring the full financial burden.