RV is a term for recreational vehicles. It often entails a vehicle that can accommodate people who want to use it as their very own apartment on wheels, for a period of time. It is the best option for people who plan on camping, vacationing, or, less frequently, even living on the road full time.

If you belong to the latter category or are just curious to find out, here is a breakdown of the budget you should have in mind when considering to live in your RV all year round. Indeed, we all have dreams, and a significant hindrance to most of our dreams is cost. However, relocating to an RV doesn’t have to be so expensive, or does it? You will find out in this article.

Note: some of your current expenses will only be minimally affected when you relocate to an RV. However, others may see a significant change.

Also, the cost of living in a motorhome isn’t constant, but varies from person to person and family to family, and it is advisable to have the following headers when estimating your budget for your new lifestyle.

• * Gas and propane

• * Food (should have been number one)

• * Insurance

• * Communication (phone and internet)

• * Entertainment

• * Campsite fees

• * Outstanding loans, debts, or mortgage

• * Maintenance and repairs

• * Miscellaneous

Depending on the type of RV lifestyle you choose, your budget might see significant upward or downward spikes- as the case may be. You may think you will love a mobile RV, travelling to a new destination every other weekend only to find out you would rather choose a campsite. Other times, you may think you prefer to stay at one destination (an RV Park), only to discover you will instead go on an exploration.

Below is a summary of each major expense for those wishing to spend the entire year in their RV motorhome.

Gas and propane

Distance travelled each month- the distance covered per month will affect how much gas is consumed. Most times, more travels are made during the summer than the winter as there are few travel options during the latter season

Gas and propane prices

The prices of these commodities vary depending on geographical location. Also, the economic and political situation globally can cause prices to swing in the upward or downward direction. When travelling, it is recommended to keep abreast of the prices and note how much you are trying to save on this expense.

Campsite fees

When you move full time into an RV, the campsite fees are one area of your budget which you have maximum control over. The campsite fees basically cover the water and electricity fees. You can choose to invest as much money to stay in a fancy RV camp to have the home feel, or you could brave and explore through the wilderness while boondocking for free.

Food

Even in your home, the cost of food is one thing that always comes in the top three on your budget list. Your new RV lifestyle isn’t going to be any different. You will most likely see little change in your cost of food as you will be eating the same amount of food and feeding the same amount of people.

Conclusion

While the thought of living in a motorhome RV all year round may sound exhilarating, you must be acutely aware of all expenses involved. These costs have been outlined in this article to help you plan your travel budget. If you love the idea of living in an RV for extended periods of time but have yet to purchase one, visit a reputable dealer where you can buy motorhome RVs online.