I dont mind doing the math work. Just wondering what other people who did it are paying out monthly. Im sure I would miss some expenditures in my estimate and hoping for some preliminary feedback.
The house is prob 50% of my net worth and looking to buy the rig with that (after current rv, truck & car sales) and invest the rest for dividends.
Regardless, I will be moving to a state with a cheaper COL so even if in a year I buy another house and snowbird in my new RV for a few months at a clip, I would be content with that. What I don't want do is to feel compelled to get back to a home and perform maintenance on it.
Right now I pay $12k/yr in property taxes, $3.5k in home insurance, and roughly $7k for utilities. ($1900/mo)
Not sure what the upkeep/maintenance costs are off the top of my head but Im sure add afew hundred a month.
To Grit's point, your budget is based solely on how you live, what you buy etc. One person might stay at State parks and be a host which makes their monthly campground stay $0. One person may opt for resorts and spend $3k a month. One person might move weekly but only 50 miles and another might move weekly and go 500 miles. Eat in, eat out, health care, clothing, etc. The point is, asking the question what other folks' budget is is like going around the neighborhood in a sticks and bricks development and asking what their budget is. Each one will be different. Maintenance costs are a total variable. You may have $10 in maintenance one month and the next the AC craps out. Put a spreadsheet together with known factors including your eating, clothing, entertainment healthcare habits are, with projected expenses for the RV, maintenance, campgrounds and fuel and compare to your income. Adjust as necessary.
