What's your annual cost?

Maintenance/boatyard (optimistically): $6000
Berthage: $4000
Property tax:$2200
Fuel: $1000
Thankfully, no boat-loan payments.
(No upgrades since the Trinka dinghy acquisition)

What about insurance?

SteveH said:

What about insurance?

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Thanks, I forgot about it. It's minimus compared to other boat expenses. So, let's add another $1500. Now we're talking 14 grand, totally. What a hobby!

markpierce said:

Maintenance/boatyard (optimistically): $6000
Berthage: $4000
Property tax:$2200...

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Property Tax on a boat??

$3,200 Covered Berth
$800 Insurance
$1,500+/- Fuel
$1,200 General Maintenance/Repair
$3,000 Misc. Repair/Upgrade Sinking Fund

These are the annual numbers in my budget spreadsheet. Actual numbers will vary. No debt, simple boat, simple systems, big fun.

Stored on my dock, self insured , only cost is any upgrade and expense while in operation , fuel or a rare dock.

Only cost is possible loss from not renting 50 ft of dockspace.

For fulltime liveaboard
Seasonal Dockage (Apr15-Dec15)$4000
Cruising Dockage (Dec15-Apr15) $5500 (less = more anchoring this year)
Annual haul(s) plus supplies $1000
Fuel $2500
Gen Maintenance $1000
Insurance $1200

Total $15200

Add $10,000 per year for upgrades (1st 3 years of ownership)

BruceK said:

Property Tax on a boat??

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Yes! Equal to a dirt home's property tax in California. Fortunately, the tax base/value, and thus the annual property tax of the boat, declines over time.

Great Lakes, 44 foot boat:

Heated winter storage $4000
Summer slip (May-Sept) $4000
Insurance (May-Sept) $1100 (includes hull coverage while on the hard)
Maintenance $1000 (~$15K in upgrades @ purchase)
Fuel and transient slips Variable

So, about $10K fixed costs

~24' Vashon:

Wet slip: $3084 (includes utilities)
Insurance $917
Diesel: $500
Registration: $36
Maintenance: I'm guessing it will be around $1200 (always finding something to do); I'll do my own bottom cleaning.

Total: $5737 (bottom job every 18-24 months not included).

Our 4788 Bayliner 53' OAL
Seward AK


Insurance 2700
Slip 2400
Utilities 1400
Winter boat watch 800
Maint approx 3000

CHB Europa 48' LOA
Everett, WA

Covered 50' Slip 9000 (Utilities included)
Insurance 1400
Maint / upgrades approx 2000-3000
Fuel 200-300

Folks, thank you so much for providing this info. I'm seriously considering getting a 40 - 45' boat early next year and have been trying to understand what these annual/misc expenses might be. This is great, thanks again!

I'm not going to join this thread.

Rather not talk about it.

manyboats said:

I'm not going to join this thread.

Rather not talk about it.

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Bad night, Eric?

Didn't we have this discussion over a year ago? I searched the archives but couldn't find the thread.

http://www.trawlerforum.com/forums/s3/your-annual-$-numbers-7842.html

Sorry if it isn't a hyperlink. Did this from my phone.

Now it is a link...........click here.

Thanks guys!

Before paying off my loan, my annual costs were $15,300 per year including fuel ($1000), maintenance ($700), slip ($5000), loan ($5850), insurance ($660), property tax ($650), and improvements ($1500-2000).

Now that the big improvements are paid for and my loan is paid off, my projected annual costs come out to about $8500 per year. That's $163 per week for the lifestyle choice. I figure if I was a golfer, I'd probably spend that much on golf. If I was a drunk, I'd probably spend more than that in a bar. I, too, used to smoke and as a reward for quitting in 2000 bought my first boat in 2001. The money I saved from smoking has gone to a good cause and I'm that much healthier because of it.

Trawler Forum - View Single Post - Your annual $ numbers

Why is most everyone's fuel costs between $1-2K?

That sounds insanely low.

beachbum29 said:

Why is most everyone's fuel costs between $1-2K?

That sounds insanely low.

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Geography???

My 4 favorite anchorages are within 5 miles of my berth.

Why is most everyone's fuel costs between $1-2K? That sounds insanely low.

I burn diesel, avg 90-100 hrs cruising per year, countless hours at anchor/guest docks, $4 per gallon, under 3 gph. Those were pre-retirement cruising hours. I hope they go up significantly this year.

beachbum29 said:

Why is most everyone's fuel costs between $1-2K?

That sounds insanely low.

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Because most of us don't go anywhere...or very far, anyway! Ask Daddyo what his annual fuel bill is.

Giggitoni said:

Because most of don't go anywhere...or very far, anyway! Ask Daddyo what his annual fuel bill is.

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I spent $2200 last week. Still have both tanks around half full.

beachbum29 said:

Why is most everyone's fuel costs between $1-2K?

That sounds insanely low.

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My boat is a dinghy compared to most on the forum so I don't count... 29HP at around 1/2 - 2/3 gallons per hour (6+ knots). I don't use "marine" diesel and fill up my jerry cans at the local BP. I will likely put about 100-150 hours on the boat per year based on current use.

beachbum29 said:

Why is most everyone's fuel costs between $1-2K?

That sounds insanely low.

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Here, that's about 250 gallons for $1000. That's 125 hours at 2 GPH. Most of us don't operate our boats much more than that. ... Voyagers and speedsters easily spend more.

We put on between 125 & 175 hrs per yr @ $16.00 fuel cost per hour.
Used to be more hours but the cost was less.

beachbum29 said:

Why is most everyone's fuel costs between $1-2K?

That sounds insanely low.

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Glad you asked that, and not me. I was wondering the same.

The St Augustine trip kinda grew legs so it now has a thread of its very own. Located here http://www.trawlerforum.com/forums/s27/trip-st-augustine-10905.html

I'm between 8,000 and 10,000 a year and have been 15,000. Boating is FUN!!