With the growing number of people entering the RV life, many forget to budget for the new lifestyle. If you don’t have a plan or budget yet, this article will help you map out a realistic budget for an RV trip, or even living on the road full time.
My family and I have been living in an RV for over a year now, and with lots of trial and error, we have come up with a budget that works for us and can work for anyone, too. Prior to RVing, we had no idea what to expect, so we just took things one step at a time until we figured it out. So I hope this guide helps give you an idea of what to expect from RVing full time and helps you keep unnecessary costs down.
Set a budget as a family, and account for everyone’s needs. Image by Karen Akpan.Monthly Budget Breakdown for RV Specific Expenses
It is important to make a list of all the expenses you’re likely to have, from biggest to smallest. These expenses will vary from one family to another. For example, some Rvers spend more time in one place, while others will spend more time traveling. These each have their own cost benefits. One of the other variables that make a huge difference is having a payment on your RV or car versus not having one. Did you finance your RV? After car payments and RV payments, the next biggest monthly expenses are campsite fees and fuel. Below I am going to break down each possible expense to give you a better idea of what to expect.
Car and RV Payments
This is usually the first thing that people think about and add to their budget when deciding to live in an RV full time. Having a home to sell and put towards a new RV makes a huge difference and really helps lower payments a lot. This is what we did when we started full-time RV living. We sold our home and took some of the profits and purchased an RV outright from Facebook Marketplace. This helped us a lot because we started off with no monthly payment. If you financed your RV and/or tow vehicle you will need to include these payments as part of your monthly RV living budget.
Campgrounds and RV Park Fees
It is important to think about where you’ll be spending most of your time.

Copyright
© Camping World














