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08-14-2012, 01:12 PM
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#1
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Member
Monaco Owners Club
Join Date: Jul 2012
Location: Georgia
Posts: 96
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Fulltime MH vs SB Cost of Living
How would you compare the cost of living in a motorhome vs cost of living in a sticks n bricks home?
Things such as maintenance, repairs, utilities, taxes vs registration fees etc.
Pawnotes aka Dave n Carla
Jack n Kelly the ESS furkids
00 Monaco Diplomat
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08-14-2012, 01:27 PM
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#2
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Senior Member
Join Date: Aug 2008
Location: Georgia
Posts: 8,638
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Probably the same excluding the price of fuel and it could be alot depending on how much you travel. My taxes and insurance are about the same as my house things break in a RV the same as a house it depends on how good of a handy man you are.
__________________
2007 Fleetwood Revolution LE 40V
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08-14-2012, 01:29 PM
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#3
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Senior Member
Damon Owners Club Ford Super Duty Owner
Join Date: Apr 2011
Posts: 500
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It is difficult to make a comparison due to the many variables that may be attributed to each,ie; mortgage, travel expenses (fuel for RV), repairs and maintenance, etc.
After full-timing for a number of years, we found that if campground fees and travel is somewhat curtailed (not on the road continually), the expenses are somewhat comparable. Of course with the cost of fuel at the present time, this presents an entirely different dimension compared to years gone by. Part-time work while RVing could offset some of the necessary fees such as parking sites, etc, especially if one works for the campground (RV park) where one is staying. In the long run, the freedom of RV travel and the ability to see the many features that this country is priceless, in my opinion. And full-time RVing is not for everyone.
Bronk
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08-14-2012, 01:36 PM
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#4
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Member
Join Date: Jul 2012
Posts: 55
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In my opinion Full-timing is a lifestyle choice and will never be an economy measure..
You can live more economically in one place...But you would miss all of the joy of travel...
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08-14-2012, 01:44 PM
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#5
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Moderator Emeritus
Join Date: Jan 2007
Location: Litchfield Park, Arizona
Posts: 10,530
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IMHO, the question is too broad to give a meaningful answer. Too many variables.
If one currently lives in a very nice stick house and wants to move into a 15 year old gasser and not travel much... the MH is probably much cheaper.
On the other hand, if one lives in a very modest stick house and want to begin traveling full time in a new DP... the MH will be much more expensive.
Rick
__________________
Rick, Nancy, Peanut & Lola our Westie Dogs & Bailey the Sheltie.
2007 Itasca Ellipse 40FD
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08-14-2012, 02:21 PM
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#6
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Member
Monaco Owners Club
Join Date: Jul 2012
Location: Georgia
Posts: 96
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I saw a post where one person was selling because they could not afford any longer. The sited costs were upkeep and fuel.
Another poster had just sold the S/B and felt they were going to save on taxes/maintenance to offset the fuel and upkeep.
Just wondered what some of you who have been out there for a while thought.
RickO, question probably is too broad, but I appreciate the answers you guys gave. It's good information.
cb
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08-14-2012, 02:50 PM
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#7
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Senior Member
Join Date: May 2011
Posts: 967
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We have been full-time RVing for about 18mo. and I am glad we did not sell our Home to finance an RV lifestyle. I appreciate that there are some very long-term full-timers out there who will not agree with us, but I can't imagine maintaining this vagabond lifestyle forever or even much longer than 24-36mo. Living in a 300/400sq.ft. "tin-box" with one car, two dogs and 24/7 with your spouse....well it has/is been both fun & exciting......however, not without it's challenges and frustrations.
We have rented our home and every year we have an option to renew our renters or head back to a more normal life. In the interim, while we are traveling the rental income pretty much covers the cost of our RV lifestyle. The depreciation on the RV is more than off-set by the appreciation on the real estate. Works for us!
__________________
Jack & Maggie
04-Rexhall Roseair (37)
Cummins ISC / Spartan
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08-14-2012, 03:08 PM
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#8
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Senior Member
Monaco Owners Club Freightliner Owners Club iRV2 No Limits Club
Join Date: Jan 2011
Location: Avon Lake, Oh
Posts: 2,958
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I also saw a post where a couple was giving up RV living because they could no longer afford the fuel and associated maintenances. If you have a paid for S&B, you may then actually save some money doing this. It is quite a luxury, as far as I am concerned, to keep a home up, and full time in a RV. I would love to do it, but eventually one of the residences needs something, and the fuel is very expensive if you want to travel more than 10-12 thousand a year.
We plan to sell our residence, and when the time comes when we physically are unable to full time, we will probably just rent an apartment.
While you have to consider expenses, it would be wrong to base your decision on full-timing on the belief it will save you money. The decision has to be based on personal gratification from the experience.
__________________
2000 HOLIDAY RAMBLER ENDEAVOR
40 FT--330HP CAT
2 SLIDES-TOAD 2012 focus
Fulltime-Home is where we park it.
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08-14-2012, 05:32 PM
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#9
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Senior Member
Join Date: Nov 2011
Location: Polk City Florida
Posts: 1,930
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As stated above, many variables would go into that senerio. We live in Florida, hone insurance is $2000.00 a yr. Flood insurance is another $1,000.00 a yr. Motor home ins is 859.00 a year. Just that comparison alone is huge. I am going to venture that our personal comparison would favor the MH.
__________________
Don and Nancy
[2018 Tiffin Bus 40 AP, 2022 Ford Edge ST , 9yr old sisters Sara n Kaycee, Havanese, Electric Catrike
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08-14-2012, 06:33 PM
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#10
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Senior Member
Thor Owners Club Ford Super Duty Owner
Join Date: Apr 2012
Location: Wherever the rig is parked
Posts: 8,092
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Quote:
Originally Posted by Foxhaven
In my opinion Full-timing is a lifestyle choice and will never be an economy measure..
You can live more economically in one place...But you would miss all of the joy of travel...
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Agree completely. We chose the full time life this year and sold the stick & brick. Although it was not a specific requirement, our monthly expenses are down by 30 or 40 percent. We travel extensively, over 9,000 miles so far this year, coast to coast and the length of the Pacific Coast Highway. On the other hand we'll be stationary in New Mexico for four months this winter, volunteering at a National Wildlife Refuge. Free campsite, electric and propane, and no outlay for fuel. That package is worth a ballpark $2,000 per month. So I'd have to say that, although it wasn't a requirement for us, FT is definitely cheaper than S&B.
__________________
Bruce Dickson 2013 Thor Challenger 37GT, 5 Star Tune, Safe-T-Plus Steering Control with Air Trim, Roadmaster front and rear Sway Bars, SuperSteer rear Track Bar, Crossfires, 2018 Honda CRV . Full timers since Jan 2012.
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08-14-2012, 07:18 PM
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#11
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Member
Monaco Owners Club
Join Date: Jul 2012
Location: Georgia
Posts: 96
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Quote:
Originally Posted by Davdeb1
I also saw a post where a couple was giving up RV living because they could no longer afford the fuel and associated maintenances. If you have a paid for S&B, you may then actually save some money doing this. It is quite a luxury, as far as I am concerned, to keep a home up, and full time in a RV. I would love to do it, but eventually one of the residences needs something, and the fuel is very expensive if you want to travel more than 10-12 thousand a year.
We plan to sell our residence, and when the time comes when we physically are unable to full time, we will probably just rent an apartment.
While you have to consider expenses, it would be wrong to base your decision on full-timing on the belief it will save you money. The decision has to be based on personal gratification from the experience.
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That's what we felt also. Because it is a Lifestyle and that part is very different between the two. We also add the flexibility because we are still working. If you change jobs or. Contracts (IT person), it's very easy. Houses r impossible to sell these days.
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08-15-2012, 08:53 AM
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#12
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Senior Member
iRV2 No Limits Club
Join Date: Jun 2006
Location: Naples, Fl.
Posts: 1,303
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The taxes alone on our Sticks & Bricks now pays for a year of modest campsite costs. (No boondocking, mostly state and federal campgrounds)
Out TOTAL maintenance cost is (including tires and oil changes) is just what is used to cost have our pool cleaned.
It really depends upon your "style"of life, but full time living CAN be a lot less costly.
__________________
Camping Rig: 2006 Outback 27 RSDS--
2005 Dodge 3500 - Dually- Cummins
Full time since June 2006
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08-15-2012, 09:15 AM
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#13
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Senior Member
Monaco Owners Club
Join Date: Oct 2010
Location: On Wheels
Posts: 1,983
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We started full timing in CA and definitely saved when we moved to the motor home, but CA is an expensive state. Just our insurance and registration fees alone dropped by more than half when we switched from CA to SD as residents (the registration on our MH dropped from almost $2,000 to only $350 or so!!). We're now on year 3 and our biggest costs are upkeep, camping fees and gas. The upkeep is pretty much fixed, but we've found we can self adjust the other 2 expenses by how far we travel and where we stay. This year we're doing a lot of free camping (for example we've spent all summer lighthouse hosting on the OR coast) so it's been an excellent year for expenses.
So, like the others said depends on where you're coming from and what you plan to do in the MH.
__________________
12 paws, 40 feet and the open road
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08-15-2012, 05:53 PM
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#14
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Senior Member
Damon Owners Club Workhorse Chassis Owner
Join Date: Mar 2009
Posts: 24,024
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Last time my house was apprasised it was in the "100K" range, That also happens to be the sticker price on my motor home.
Taxes (Detroit) over 3,000 to under 400 (registration is a property tax)
I belong to 2 membership campgrounds so in the summer I pay about 80 bucks a month for camping.. That's right, one night at a Class A site at the local KOA = 80 bucks BEFORE they Keep ON Adding. That's what I pay a month, Winter it's about 200 since I can only use 1 membership.
Gas and electric at the house were usually around 200+ per month And I had to pay for Water and Sewer too... And street cleaning (Well the city FINALLY took over that duty eventually) and I had to pay INSURANCE on the house too..
True, Maintenance is a bit higher on the MH, but not that much higher.
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Home is where I park it!
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