First I want to go over a few key points on why I want to do this monthly cost review.
- I have not found any Full-Time RV living cost break downs
- Keep me accountable
- Track my true RV costs
- Show others it might be an option to not only accelerate their FIRE journey but build a more intentional lifestyle.

True Costs
- RV Payment $209
- Truck Payment $89
- RV Insurance Payment $0
- No insurance costs because I paid for the next 12 months in December’s update.
- Truck Insurance $186
- This is 6 months coverage from Jun-Dec 2020
- Campground Site $2,000
- This will cover more than 30 days at our site
- Propane $0
- Gas $0
- Misc $50
- Bought a badass tire gauge and tire covers for the RV
- Also bought some window curtains but got those for free with CC hacking
Total – $2,534
You can find a list of all the RV gear we love here. Let’s not forget our list of RV maintenance supplies here.
Last 6 Months Spending Total
So I just realized May would make 6 months we have lived in this RV. We started at the beginning of Dec. Man how time flies when you are having fun… No, but really this seems like we just started yet also feels like we have been doing it forever. So I thought I have to look back and see what that total has been. This number does not count this month of Jun as that would be in the next 6 months total. The total is actually less than I was expecting for how much stuff we bought for the RV. Right now It looks like we are on par to be under $16,000 for the entire year at this pace!!! That is amazing seeing my old Luxury apartment was about $2,000 a month. That means in 12 months I would have saved $8,000 by doing this. But really the rent on that apartment is now $2,200 a month so really I saved $10,400 at least. Because now I live a lot closer to work which equals more time and less gas and maintenance costs for my car. That is a huge FI win for my wealth building.
Total – $7,803
RV Lifestyle Thoughts
I have noticed that most people when they think of RV living they thing of old 80s or 90s RVs. They don’t realize new RVs are very modern looking and have some pretty amazing features these days. Ours I would say is not on the high end for amazing features but has everything we need and even a few extras in case we want to go boondock in the middle of nowhere. We have solar installed and a generator just incase.
I’m still trying to dial in on our RV stuff. It seems like a never-ending journey to figure out what you value and don’t. What to keep and what to donate. We have downsized a lot so far. But now it’s just optimizing everything like storage, getting things off the counters and what have you. A few items I think I would like to add is a propane fire pit and string of lights outside. I think that would make a really unique experience to sit outside with that!
In case you missed it here is last month’s break down. Keep on the journey and path!
______________________________________________________________________________
I like the financial break down you give. I’m sure people would like to hear more about your solar panels. There is probably a wider audience than you think that would be interested in the details of your RV. Keep posting marine.
Thank you! It seems especially with this virus going around more people are looking to escape the big cities.