4x4ord wrote:
I'm kind of wondering if there is a direct correlation between the value of a person's rig and the cost of living. I'm wondering if it could be something as simple as 35%.
So those whose rig is worth $300,000 might have about a 105,000 lifestyle where as it might cost $210k per year to live for those who are living in a $600,000 rig. If your unit is worth $100 k can you live on $35 k? I think it is of some value to have an idea otherwise I might think I can afford say a 500,000 unit and after purchasing it come to realize I can't really afford the $165000 per year it cost to live the lifestyle that goes with it. What are your thoughts?
NO! There is NO % correlation between the price of the RV and the cost of living on the road. There might be somewhat of an increase in your camping costs and a slight difference in your fuel costs but most of that is entirely up to you. How you like to spend your nights will have the most effect. If you plan to buy a 500,000 RV and stop only at high end RV resorts your costs will be substantially higher than someone who buys a 500,000 RV and avoids those kinds of places like the plague (me!).
How many miles you travel will make a big difference but that has nothing to do with the price of your rig. If you get 2-4 MPG less but drive less it's a break even. You are 100% responsible for your expense and you can choose to control them......or not.