Cost Of Full Time RVing – RV Budget

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Traveling full-time in an RV across the country can sound like a dream come true. Yet, one of the first questions people ask is: What is the cost of full time RVing, really?

Do you save money if you sell your house, buy an RV, and hit the road full-time? Or does RV living costs more than your current monthly expenses living in a sticks ‘n bricks (your house without wheels)?

Planning a vacation and creating a great vacation budget can be really helpful, however, if your goal is to make a full lifestyle change into traveling full time, then your goals are very different.

Tony and I decided that it was time for us to answer this question in detail to help you understand your options if full time RV living with your family is a dream of yours.

You see, we understand the need to have as much information in front of you before you make such a huge decision. That’s what we needed before we became a full-time RV family back in the Spring of 2017.

Here’s the truth.

RVing can be as expensive or inexpensive as you choose.

We often hear about families who travel full-time and are able to make it happen on a much smaller income stream. Yet, others had received a huge raise and found that they were not saving any extra money by traveling full-time, but spending it all.

You could even do the travel hacking and find the best credit card for RVers to help you get cash back on fuel and food purchases.

It really depends on your goals, budget, and what type of travel life you want to live. Affording family travel does take some dedication, no matter how you travel.

Living on a full time RV income can be possible, it just depends on your mindset and RV lifestyle.

THIS ARTICLE MAY CONTAIN COMPENSATED LINKS. PLEASE READ OUR DISCLAIMER FOR MORE INFO. THIS POST WAS WRITTEN BY JILL GREISING-MURSCHEL, A FAMILY TRAVEL AND RV LIVING EXPERT.

Specific Costs of RV Living Full Time:

1. How Much Does RV Costs? 
2. Campground and RV Park Prices
3. Gas Budget
4. RV Insurance
5. RV Maintenance and Repair

How Much Does An RV Cost?

It really does vary depending on if you are buying new, used, or very used, and need to invest in some time and money to remodel the RV.

Honestly, anywhere from $5,000 to $500,000!

It also depends on whether you plan to purchase a motorhome and already have a towed (a small vehicle that you will tow), or if you are purchasing a travel trailer or fifth wheel which will require a good-sized truck to tow it with.

RV prices can vary quite a bit.

We purchased a Class C motorhome new and financed it, yet we did not need to make a second purchase on an extra vehicle. Our minivan, which we already owned, worked well for us and fits our large family of 6 so we chose to keep it and drive it separately.

There are advantages and disadvantages to each type of RV. Sometimes an RV tour can help you visualize what might be better for your family.

Our Monthly RV Payment

We financed our RV when we launched in 2017. So, our monthly RV living cost is $709.

Campground And RV Park Prices

RV Resort – Campground – Private Campground Prices

Your monthly fees for camping can vary depending on which type of campground you end up staying in. If you choose RV campground or RV resorts, most RV parks prices can range from $40 – 100 per night and often give you ‘full hook-ups’. Meaning, you have water, electric, and sewer hook-ups at your campsite. Joining some campground membership programs can help you cut down on your RV camping fees. 

National – Sate – County Park Campground Prices

Yet, if you plan to camp in a national park, state park, RV parks, or county park campground, the prices can range from $10-$35 per night.

They also usually have sewer hook-ups and sometimes only provide electric especially for state parks. If that’s the case, they will have a dump station and freshwater area to use before you set up or after you tear down camp.

Membership Campground Prices

Membership campgrounds can offer you the opportunity to save money while living in a camper or RV. Thousand Trails is a membership program that we use, and it works really well for us.

We pay about $75 per month for our dues to cover our membership. We can then stay up to 14 days in one of the Thousand Trails campgrounds within our zone of the nation, for no additional fees, as long as we are out of the Thousand Trail system for 7 days prior to our stay. So, this allows us to stay anywhere from 1-21 days per month in a TT campground for no additional fees beyond our monthly fee.  

Boondocking – Free

One of the best tricks to cheap RV living is to boondock.

Boondocking means you camp without hook-ups and usually for free. So, as long as your RV has a generator or solar to provide basic electrical functions, you could seek out places to camp for free. One great resource is Boondocker’s Welcome.

We paid a $35 annual fee to be members, and now can sign up and book 1-3 nights of boondocking in a friendly camper’s driveway all over the country.

Sometimes, they even offer electric hook-ups and access to fresh water!

You can also boondock on BLM land across the USA. Campendium is a great website and resource that we use to find boondocking campsites.  

We’ve also boondocked at Cracker Barrel, Walmart, and Cabela’s parking lot for a quick overnight. In this case, it’s a place to park and sleep during the evening hours so that you can get back on the road quickly again the next day.

Read our Ultimate Boondocking Guide here to learn more! 

Moochdocking – Park In A Friend’s Driveway

Moochdocking is a term that is used when someone full time RVing is invited by family or friends to park it in their driveway and use their electricity and water.

We have enjoyed moochdocking, not just for the money savings but for building our friendships. Even just for a few nights, it can cut your expenses down quite a bit and allow you to connect with family or friends all over the country.

Our Monthly Campground Budget

Our monthly budget for campgrounds is $600 per month. That includes our $74 per month that we pay for our Thousand Trails membership, which allows us to stay in their campgrounds for no additional expense.

Full Time RVing Gas Budget

This one can be tough because the gas prices fluctuates depending on what part of the country you are in and what season it is. It also depends on how many miles you plan to travel in one month, and then once you arrive, how often you plan to travel around the area in your extra vehicle.

Try to decide how quickly you plan to travel or how frequently you will pack up and move on. RV life can become a bit stressful if you travel too frequently. We try to keep our travels down to once every 1-2 weeks, however I know families that stay up to 4 weeks at each new location.

I try to make sure that our gas and propane expenses is flexible by adding extra cash on it.

Our Monthly Gas Budget

Our monthly budget for gas to cover our motorhome traveling at 8 miles per gallon and our minivan also traveling, as we don’t tow, at 22 miles per gallon is $500 per month. That has been increasing the price of gas has gone up with inflation over the last few years.

Read related post: Where to Sell an RV Fast: Best Place to Sell my RV

RV Insurance Budget

How much does full time RV insurance cost? Well, it depends on which state you domicile in, your driving record, and if your RV is newer or used. You also need to take into consideration if you can receive a discount on your insurance plan by having your second vehicle under the same policy.

Whichever insurance carrier you decide on, be sure to ask for full time RV insurance.

Our Monthly RV and Van Insurance Budget

For full coverage under a full-time RV insurance policy for our motorhome, we budget $84 per month. Then our van is $68 per month.

If you were to add your personal health insurance, that’s an additional consideration in your full-time RV living journey.

RV Repair And Maintenance Budget

Are you prepared to spend some money on tires, a water pump, or a new rug? When living in an RV full time, you will need to budget maintenance expenses. Just like owning a house, you will have repairs and other things that come up.

I’d also suggest having an RV tool kit on board for the small repairs you can make yourself.  

Our Monthly RV and Van Maintenance Budget

We budget $100 per month for RV repair and upkeep. Some months we don’t spend any of that, and other months we go over. It all depends on what’s needed.

Propane Expenses For Your RV

Instead of paying for electric, gas, cable, water, trash, etc. in a regular house, you will have a few other expenses in an RV such as propane.

The amount of propane you use each month can vary. It depends on how often you use your stove and oven, if you have a propane water heater, and how often you run your furnace. 

Our Monthly Propane Expenses

We budget about $30 per month on propane. Some months we need to fill and others we don’t and save money.

RV Expenses – Breaking It Down
RV Payment	$709
Campground Fees	$600
Gas	$500
RV Insurance (and extra vehicle)	$152
RV Maintenance	$100
Propane	$30
Total RV Expenses	$2,091

Expenses for Full Time RVing NOT Related To RVing

When we launched to travel full-time, we found it SO helpful to read other full-time RV living family’s budgets. It makes it so much easier to picture if this is a life you could afford to live.

Below, we listed all of our ‘other’ monthly budget expenses outside of RV-specific items. Now, Tony would argue that a budget for good internet is specific to full-time RVers. However, I included this budget below. Expenses for Full Time RV life not related to the RV itself:

Other Monthly Full-Time Travel Expenses
Laundry	$60
Medical Insurance	$780
Cell Phone Bills (2)	$150
Hot Spot Internet	$50
Groceries	$1,200
Prescription Medication	$60
Restaurants or Eating Out	$200
Entertainment	$200
Tolls	$20
Mail Service	$0 (we have 1 year free)
Student Loans	$170
Total ‘other’ travel expenses	$2,890

Our family of 6 travels full-time in an RV with a budget of $4,981.

Right now, Tony works for a great company that offers medical insurance as a benefit. So, the $780 is taken out of his paycheck pre-taxed and before we even see it. So, we think of our expenses as really being around $4,201 as we never actually see or pay for our insurance.

Are we in the high range of expenses for a family of 6 that travels full-time?

No, not really. Not after I spoke with many other families during our travels. Honestly, I feel we are close to about average.

I know several families that spend well over $6,000 per month while I’ve also met others that keep their budget under $3,000 while living in a camper full time.

The cost of full time RVing can fluctuate and change depending on your traveling style, and how much you want to spend when you arrive at a new destination.

I know that when we show up to one of our bucket list destinations, we are thrilled to be there and it’s hard not to go over your ‘spending’ budget and do all the fun things.

Self-control can be hard! But, when you set your mind to making this lifestyle work for you, anything can happen. Hey, you may even consider traveling around Australia for 12 months on a budget, like Emma and her family have done.

Now, if you’re looking for a way to earn money to create a budget like above, check out how these 19 other traveling people found digital nomad jobs.

Are you a full-time RVer or do you want to be one?

Have you ever sat down to make out your budget?

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