The cost of a yacht and a sailing license are only the beginning of the expenses when traveling around the world. Check out how sailing costs break down in different parts of the globe.
What do you spend on while sailing?
As calculated by the German sailing portal sy-moya, the costs incurred while traveling by yacht can be divided into ten basic categories. The breakdown includes expenses for:
– food,
– insurance,
– fuel,
– sightseeing,
– day-to-day shopping,
– clothing and laundry,
– communication,
– health,
– boat maintenance,
– port fees, and travel expenses.
All of these elements add up to an overall bill that sums up life on a yacht. Research and analysis has shown that the largest costs are incurred in ongoing purchases and equipment maintenance and service. The percentage distribution of each category may vary by type of boat, its level of sophistication and technical requirements, but these differences are not significant enough to change the overall spending picture.
According to the survey, average annual maintenance costs range from 10 to 30 thousand euros. These amounts are strictly dependent on the place of travel
, the ports where you dock, and the prices in nearby stores. Specialists have checked how the different categories are distributed in specific places around the world. It turns out that the proportions between different regions vary strongly.
Atlantic islands
The most expensive region in the entire list. According to analysts, the highest costs are incurred in the categories of boat maintenance, food and tourism. Monthly expenses for equipment repair and fuel in the Atlantic Islands region are about 1,500 euros.
For daily shopping and food, travelers will pay about 1,000 euros per month, while visits to local restaurants and visits to local sights will cost about 1,300 euros. The research compares three consecutive months spent in a given location. The results clearly show that the most expensive period is September.
Caribbean
Caribbean islands are more or less at the halfway point of travel and rank similarly in terms of expenses. The highest monthly costs are for fuel and boat improvements, which in the most expensive month amounted to almost 2000 euros. The lowest expenses in the area are for port fees, tourism, and eating at local restaurants. Monthly expenses for shopping and food are similar to the previous destination at around 1000 euros.
Panama
Next to the Atlantic Ocean islands, the most expensive part of the world to sail. In Panama, the monthly expenses spent on port fees, travel costs and shopping are the highest of the entire summary.
You can spend up to 1,500 euros for berthing and travel over a 30-day period, and you should spend around 1,400 euros for ongoing grocery store visits. Comparatively, going out on the town, sightseeing and dining in public places is the cheapest of all the places surveyed.
French Polynesia
The Pacific Ocean coast is the cheapest region surveyed. Costs incurred in port fees, travel, tourism, and eating in restaurants are very low. Some of these categories are only a few hundred euros. The most expensive aspect of a stay in French Polynesia is day-to-day shopping and costs associated with fuel and yacht maintenance, which are up to 1,000 euros.
How to reduce your expenses?
The amounts given are approximate and can change depending on the season, location or accidents. However, this does not change the fact that many of these overheads can be reduced gradually.
The first way is to cook for yourself on the yacht. Meals in restaurants are an unnecessary luxury that can be afforded occasionally. The same goes for sightseeing. It is a good idea to do some research before your trip and look for free attractions and free cultural center visit days.
The cost of repairing equipment and servicing the boat can be offset just as easily. You can try many of the improvements yourself and gradually learn how to repair the equipment yourself. Greater manual skills and technical knowledge will keep the cost of professional assistance to a minimum.
Featured photo: Freepik
