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What does it cost to live in a Motorhome?

Written May 2004

What does it cost you to live on the road?

We track, classify and record every cent we spend - and have done since we left Sydney in July 2003. We use Microsoft Excel to budget, track and predict spending. The budget is broken down into a number of categories and we track our spending each week in each category against the budget.

However, we are of the opinion that we are unlikely to travel the same road twice and the cost of getting back to a particular place is high - so we would rather over-spend the budget than not do or not see something we want to.

When we built the budget we had little idea about some things (like the cost of maintaining a large vehicle) so the budget has evolved somewhat.

Here is what the budget looks like...

Item Category $ per Year
     

Bus Fuel

Bus Fuel

$ 4,160

Moke Fuel

Moke Fuel

$ 1,040
     

Fun

Fun

$ 1,560
     

Camp Fees

Camp Fees

$ 300
     

Drink

Drink

$ 1,144
     

Moke Maintenance

MokeMaint

$ 1,500

Bus Maintenance

BusMaint

$ 3,000

Tyres

BusMaint

$ 350
     

LP Gas

Gas

$ 456
     

Food

Food

$ 6,500
     

Miscellaneous

Other

$1,500

Storage

Other

$ 1,100

Phone

Other

$ 300

Bank Fees

Other

$ 48

Clothes

Other

$ 520

Insurance

Other

$ 590

Vehicle Reg

Other

$ 1,372

Subtotal

Other

$ 5,430
     

Grand Total

  $25,440

At the time of writing, we are tracking at 96% of this budget with food being our biggest overspend at 110%.

Notes

 

 

 

 

 

 

Update - 2008

Four years on from when this report was written and I am sure it is no surprise that costs have increased quite a bit. Our approach to budgeting has also changed a bit - we now have more confidence in our ability to earn money on the road and as such we are less careful about how we spend money.  This year (2008) our budget will exceed $32,000. The rising cost of fuel has of course had a major impact on this figure, and I am sure it is not going to get any better any time soon.

 

 

 

 

This document is copyright (c) and may not be reproduced in any form without written permission from the author. If you find the information contained in this documents useful please let us know. If you believe it is incorrect or inaccurate in any way please contact the author.

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