Welcome to Her Balanced World, where we talk about balancing life, travel, and smart budgeting — especially when living in an RV! Living on the road full-time can be an exciting adventure, but it requires careful financial planning to make it work.
For Reference we drive a CLASS A 40 feet Diesel Beast and she is an oldie but a Goldie! Let’s break down the costs and share some practical tips to help you budget effectively while living your best RV life.
Understanding Full-Time RVing Costs
Living in an RV comes with its own unique set of expenses. From fuel to campground fees and everything in between, understanding these costs is the first step to managing them.
Main Costs of Full-Time RV Living
- Gas/Diesel and Propane
- Campsite Fees
- Food
- RV/Truck Loan and Maintenance
- Insurance (medical, RV, and vehicle)
- Phone and Internet
- Entertainment
- Outstanding Debt or Loans
With these categories in mind, let’s explore how you can plan and save for each.
RV Expenses
RV Insurance and Extended Warranties
- RV Insurance: A must-have for full-time RVers. It’s like homeowners’ insurance and protects your RV, personal belongings, and liability. The average annual cost is around $900-$1,500.
- Extended Warranties: Cover big-ticket repairs like appliances and plumbing. Look for plans that offer mobile repair services to save time and stress.
RV Roadside Assistance
Many standard insurance policies don’t include specialized roadside assistance for large RVs. Programs like Good Sam Roadside Assistance are lifesavers, offering towing and repair services tailored for RVs.
RV Maintenance and Repairs
- Routine Maintenance: Regularly check your tires, roof, and appliances to avoid major repairs.
- Unexpected Repairs: These will happen. Budget at least $500/month for repairs like fixing leaks or replacing tires.
Pro Tips for RV Maintenance
- Schedule consistent maintenance.
- Invest in high-quality tires.
- Keep an emergency fund for surprise repairs.
Travel and Accommodation Expenses
RV Living Gas Prices and Fuel Economy
Fuel is one of the biggest recurring expenses. Costs depend on how far and fast you travel, your RV’s size, and gas prices in the region.
Tips to Save Money on Gas
- Travel slower and stay longer in each location.
- Use discount cards like Good Sam or TSD Fuel Card.
- Keep tires properly inflated to improve fuel efficiency.
Propane Costs
Propane powers your heater, fridge, and stove, especially when boondocking. The cost varies by location and usage.
Tips to Save Money on Propane
- Refill propane at hardware stores instead of campgrounds.
- Use electric appliances when possible.
- Cook outdoors with a portable grill to save indoor propane.
Campground Fees
Campground costs range from $30 to $150 per night. You can save by:
- Staying at state or national parks.
- Using camping memberships like Passport America or Thousand Trails.
- Boondocking on public lands for free or at a low cost.
Seasonal Campground Prices
Off-season camping is cheaper, and reservations are easier to secure. Memberships can provide significant discounts, especially during peak seasons.
Living Expenses on the Road
Groceries and Eating Out
Food costs vary depending on where you shop and how you eat. Rural areas may have higher grocery prices, while urban areas offer discounts at stores like Costco or Aldi.
Tips to Save on Food
- Cook in bulk and meal plan.
- Stock up on non-perishables when near discount stores.
- Avoid eating out often; use your RV’s kitchen instead.
Internet and Connectivity
Reliable internet is essential for remote work and entertainment. Options include:
- Starlink for satellite internet ($150/month).
- Cellular hotspots from Verizon or T-Mobile.
Phones and Communication
Choose a provider with strong nationwide coverage. Expect to spend $50-$100/month for phone plans. We use GoogleFi!
Health Care and Insurance
Health insurance plans like ACA or private plans are vital. Look for telehealth options to consult doctors from anywhere.
Entertainment
Enjoy free or low-cost activities while RVing, such as hiking, biking, or visiting national parks. Allocate a small budget for attractions or special tours.
Tips for Affordable Fun
- Get a National Parks Pass.
- Use reciprocal memberships for museums and zoos.
- Enjoy free ranger programs at parks.
CHECK OUT OUR OTHER POSTS ON RV TRAVEL (Best apps to use, best free places to try, traveling with kids etc.)
FAQs About Budgeting While Living in an RV
How much does it cost to live in an RV full time?
Costs range from $1,800 to $8,500/month, depending on your RV type, travel habits, and lifestyle.
Is RV living cheaper than living in a house?
It can be, but it depends on how you manage costs like fuel, campground fees, and repairs. Stationary RV living is often cheaper than traveling frequently.
How do I budget for RV living?
List all possible expenses, add $500/month for unexpected costs, and track spending regularly.
How can I save money while RVing?
- Travel slowly.
- Use camping discounts.
- Cook at home.
- Boondock on public lands.
What are the start-up costs for RV living?
Start-up costs include purchasing an RV, tow vehicle, and essential equipment. Buying used RVs and gear can reduce initial expenses.
Budgeting while living in an RV is all about planning and flexibility. By understanding your expenses, using smart cost-saving strategies, and staying prepared for the unexpected, you can embrace the freedom of RV living without breaking the bank. Whether you’re a seasoned traveler or just starting your journey, Her Balanced World is here to help you live your best life on the road!
Author
