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Old 03-01-2012, 09:33   #1
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Cost of Cruising - Update

Happy New Year to all":
We thought we would update our cost of cruising - we left last jan and sailed to mexico, belize,guatemala,bay isl of honduras, panama, colombia and back to panama where we currently are: well soulmates is and we are in the usa with family
for 12.5 months are costs are averaging $1,817 a month -
now that includes more dockage than we wanted as our insurance company insisted on a marina in cartagena; second one crew had some elective surgery on the hand in cartagena; third a lot of boat upgrades in cartagena including a bigger condensor for the reefer, drawers for chart storage, replacing a drippless shaft bearing and bottom job.
we do not really skimp on a lot and did a lot of sightseeing and inland trips

here is our percentage breakdown:
alcohol -------5.70
boat parts --- 2.24
boat repair--- 8.86
boat upgrade- 9.16
clothing------ 0.68
customs &imm 7.13
fuel -die&gas- 7.12
dockage ---- 12.82
eat out ----- 5.04
food -------- 7.72
language less 1.71
medical ----- 11.57
sight seeing - 1.48
transportatio - 2.94
gift --------- 1.14
hotels ------- 3.36
insurance ---- 7.38

this adds up to about 98% the rest is misc stuff
this does not yet include our trip back to the usa and our cruising guides and charts for this trip were in last years expenses - we have yet to get the charts and cruising guides for where we are headed this year

hope this helps

just our opinion
chuck patty and svsoulmates
currently in panama
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Old 03-01-2012, 09:55   #2
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Re: cost of cruising - update

thanks, real numbers always helps
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Old 03-01-2012, 23:37   #3
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Re: cost of cruising - update

don - our pleasure - hope it helps - we can cut back if we had to but don't see the reason right now - after a while the upgrades will stop i hope

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currently in panama
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Old 05-01-2012, 23:42   #4
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Re: cost of cruising - update

Your numbers seem very similar to many in the list I've been maintaining:

SV Estrellita 5.10b: The Cost of Cruising
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Old 06-01-2012, 04:36   #5
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Re: cost of cruising - update

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Originally Posted by chuckr View Post
…- after a while the upgrades will stop i hope

chuck patty and svsoulmates
currently in panaa
And then the replacements start
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Old 06-01-2012, 06:59   #6
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Re: cost of cruising - update

Quote:
Originally Posted by chuckr View Post
boat parts --- 2.24
boat repair--- 8.86
boat upgrade- 9.16
fuel -die&gas- 7.12
dockage ---- 12.82
insurance ---- 7.38
So the boat consumes about a half of the budget..
Interesting, thanks !
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Old 06-01-2012, 11:23   #7
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Re: cost of cruising - update

teddydiver - this year we anticipate the boat upgrades dropping a lot but our insurance may double if we decide to sail to the med - crossing insurance is a lot for a 2 person crew, but once in the med it drops again until we cross back -

we do maintain SoulMates in prestine condition - i am also not a great boat repair person - some stuff i can do myself but some i have to hire someone and that adds to our cost


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Old 06-01-2012, 11:26   #8
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Re: cost of cruising - update

That is extremely helpful as we plot our escape from the ice. Thank you for sharing it.
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Old 06-01-2012, 11:44   #9
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Re: cost of cruising - update

Yes, very good info to have. And encouraging. That is SO much cheaper than living here in a house. We are spending $1600 a month on groceries alone, for two people, living in the TCI. And one of us doesn't even drink. We really don't need a whole lot more encouragement to leave this land based situation and go for at least a partial year liveaboard. I can sense the day approaching.
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Old 06-01-2012, 11:44   #10
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Re: cost of cruising - update

Thank you for taking the time to privide real numbers.
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Old 06-01-2012, 12:11   #11
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Re: cost of cruising - update

That's great to see. We're planning our Mexico cruise, and your real life numbers match up pretty well with our anticipated costs. That makes us feel a lot better. We look forward to hearing more updates.
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Old 06-01-2012, 13:12   #12
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Re: Cost of Cruising - Update

So food cost less than $150 a month (averaged)? Wow! That's what we spend a WEEK in the keys.
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Old 06-01-2012, 13:21   #13
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Re: Cost of Cruising - Update

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Originally Posted by Svdestiny View Post
So food cost less than $150 a month (averaged)? Wow! That's what we spend a WEEK in the keys.
It depends what choices you make. I don't buy any packaged foods and the only processed food is ham and margarine. Bake own bread (it takes 20 minutes prep time and without a bread maker), oatmeal in bulk (20 lbs), lots of fresh veggies and fruit. Meat when on sale, or moose if I got lucky. I use a lot of spices to make meals interesting.

Works for me, your mileage may differ. BTW, I live in the north country of Canada, and fresh food has to come from 2000 miles away. It works here, should be able to make it work elsewhere.
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Old 06-01-2012, 13:38   #14
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Re: Cost of Cruising - Update

your alcohol-to-boat-repair ratio seems low.
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Old 06-01-2012, 13:47   #15
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Re: Cost of Cruising - Update

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Originally Posted by avb3 View Post
It depends what choices you make. I don't buy any packaged foods and the only processed food is ham and margarine. Bake own bread (it takes 20 minutes prep time and without a bread maker), oatmeal in bulk (20 lbs), lots of fresh veggies and fruit. Meat when on sale, or moose if I got lucky. I use a lot of spices to make meals interesting.

Works for me, your mileage may differ. BTW, I live in the north country of Canada, and fresh food has to come from 2000 miles away. It works here, should be able to make it work elsewhere.
Not a lotta moose in the keys.....
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