Typical Costs to Own a Non Cruising Boat

[davefromoregon]

I am not going cruising anytime soon but may be looking at buying a boat.

Since I am not going cruising, the infinitely valuable "Cruising on $500/month" thread is probably not particularly helpful

In the PNW, what should be a typical monthly budget for boat ownership for a 35'-40' monohull sailboat? I would expect to pay for it outright so there won't be a payment.

What do people actually spend?

I assume you have the following:

Marina:
Insurance:
Fuel:
Some maintenance budget but lets assume the boat is in reasonable shape.
Electricity
What else?

=================

Food and drink are part of the normal costs of life and therefore do not belong in this budget.

What do people actually spend?

[rebel heart]

San Diego numbers:

Marina: $700
Insurance: $100
Fuel: Depends wildly on usage, but figure $50 if you're active.
Maintenance: $200. Wild guess.
Electricity: liveaboard? we spend anywhere from $0-$30/month depending on solar and whether we're lazy and use the electric heater (via shorepower) instead of the diesel heater.

[davefromoregon]

I should have added that we are not going to live aboard.

[Cheechako]

In the PNW, I'm thinking this would be in the ball park, north of metro Seatle:
Marina: $350
Insurance: I insured my last 32 ft boat through my auto company for $237 per year. Liability only. For yours maybe $400?
Fuel: not worth mentioning for a sailboat.
Some maintenance budget but lets assume the boat is in reasonable shape.: Figure a haul out and bottom paint every 2 years min in the PNW. I dont know the current rates but probably $700 with paint if you do it and quickly. Other things really depend on what goes wrong... and how inventive you are. You might guess $1200 a year total for a miserly owner.
Electricity: as a non liveaboard it might be included in the moorage, or maybe not. $30-$75 for the winter anyway....

What else? (This can be a big one)As a boat owner, you always want more toys for the boat. This is up to you. Can you live with Lat and Lon on the old GPS or do you want a chartplotter? etc.

[TabbyCat]

"Insurance: I insured my last 32 ft boat through my auto company for $237 per year. Liability only. For yours maybe $400?"
Probably better to just think of insurance cost in terms of a % of hull value. Probably around 1% in the PNW, but subject to a minimum premium, which varies by company.

[David M]

Factor in a haulout perhaps once every two years and the inevitable upgrades that you will want to do to the boat.

[davefromoregon]

License fees?

[rgscpat]

The wind is free, but the sails aren't. Electronics seem to have a short enough life to count as almost semi-consumable. Running rigging has an intermediate lifespan that partially depends on how exposed it is. If you're not a diver, you might want to pay one to clean the bottom occasionally in between haulouts. Some safety gear has expiration dates and requires replacement (flares) or maintenance (rafts). Rum.