Here we plan to outline the costs involved in anything related to our cost to sail around the world. We’ve budgeted $1500/month per person and we consider this to be very generous based on the research we’ve gathered from other blogs documenting their circumnavigations. This would cover all costs including fuel, food, transportation back home for the holidays and includes wiggle room for emergencies.

How much does it cost to sail around the world is the million dollar question! There are many factors that can influence one boat crews budget over another:

Boat/Maintenance – The biggest way that we’re trying to diminish this cost is by making the investment up front on a fairly modern boat. The idea is to take care of all the maintenance and repairs needed before we depart so that the money (and time) we spend on that is reduced. Be replacing expensive parts such as the sails and standing rigging, we’re eliminating major expenses while we’re on our circumnavigation. To avoid complications with insurance and our bank, we’re paying off the boat before we depart, but if you’re financing your boat, that may be a monthly payment you’ll have to budget for.

Food – Eating in or out is going to be a major factor. In San Francisco, we cut back on alcohol at the bars which helped us save a lot of money. While a home cooked meal can average out to $5-15 for the two of us, food at a restaurant usually averages $40-100 for the two of us depending on how much we splurge. The difference is huge. Then again, part of the experience is trying new foods and dishes. In places like the Mediterranean we’ll have to cut back on eating out while places in Southeast Asia we’re hoping are affordable enough for us to not think twice about eating out!

Anchorage vs. Marina –  Clearly we’re in a larger boat than we need to be in. But, that was done on purpose. We’d rather buy a bigger boat in which we are more comfortable and feel a little safer and sleep at anchorages instead of being on a smaller boat but spending more time in marinas. It’s a trade-off.

Fuel – We’re following the trade winds so the wind should be in our favor most of our route. However, not everywhere is like San Francisco where you’re pretty much guaranteed 10-25 kts of wind all year. If we get caught in the doldrums all the time, we’ll have to use our engine which will result in more fuel consumption, especially since we’re on somewhat of a schedule and need to keep moving so we can complete our circumnavigation within 2 years.

Insurance – Are you willing to risk going without insurance? Do you have an emergency fund to take on that risk? The main reason we decided to get insurance, although we’re risk takers, is lightning strikes. They can happen at any time and there’s preparation you can do for it such as grounding your electronics properly, but based on our research from several sources, there’s no way to guarantee your electronics won’t get friend. Considering the replacement value for all our electronics is probably in the ball park of $40k, it’s worth the $989 we’ve been quoted. The problem later on might be finding someone who’ll even want to insure us since we don’t have ocean crossing experience and that seems to be a requirement…

We’ll be adding our expenses along the way, but so far, this is what we have:

2014 (pre-circumnavigation):

2015 (pre-circumnavigation):

  • January
  • February
    • Pier 39 Marina: berth: $514
    • Pier 39 Marina: electric: $19
    • TOTAL: $533
  • March
    • Pier 39 Marina: berth: $514
    • Pier 39 Marina: electric: $12
    • Amazon: Mr. Heater F232000 MH9BX Buddy 4,000-9,000-BTU Indoor-Safe Portable Radiant Heater $88
    • Craigslist: Katadyn Powersurvivor 160e Watermaker: $1800
    • eBay: Trojan Batteries: $1843
    • eBay Volvo Penta 3 blade propellor: $450
    • eBay: Motorola SAF5350-B Fixed Mast Antenna for  Iridium Sat Phone: $86
    • eBay: Shakespeare 5400-XT Galaxy Style 4′ VHF 3dB Gain Marine Antenna: $110
    • eBay: Shakespeare VHF AIS stainless steel 3 foot whip antenna # 5215-AIS: $42
    • eBay: Raymarine ST60 Wind Vane Transducer: $250
    • eBay: Davis RF C213 – RG-213 Marine Grade Coaxial Cable 100ft: $85
    • TOTAL: $5,280
  • April
    • Insurance: $989
    • Pier 39 Marina: electric: $9
    • Pier 39 Marina: berth: $514
    • Taxes/fees: VHF permit: $215
    • eBay: Iridium Go (used): $663
    • eBay: Sticky Bumps single day bag for surfboard: $85
    • eBay: 100ft LMR400 cable: $65
    • eBay: IMAR Strataglass Care Bucket #505: $50
    • TOTAL: $2,590
  • May
    • Pier 39 Marina: berth: $514
    • Pier 39 Marina: electric $TBD
    • TOTAL: $TBD
  • June
    • Pier 39 Marina: berth: $514
    • Pier 39 Marina: electric: $TBD
    • TOTAL: $TBD
  • July
    • Pier 39 Marina: berth: $514
    • Pier 39 Marina: electric: $TBD
    • TOTAL: $TBD
  • August
    • Pier 39 Marina: berth: $514
    • Pier 39 Marina: electric: $TBD
    • TOTAL: $TBD
  • September
    • Pier 39 Marina: berth: $514
    • Pier 39 Marina: electric: $TBD
    • TOTAL: $TBD
  • October
    • Admiralty Marine San Diego: new Volvo transmission+install: $7322
    • Fugawi iNavx: Mexico charts: $40
    • TOTAL: $TBD
  • November
    • TOTAL: $TBD
  • December
    • TOTAL: $TBD

2016 (actively cruising):

  • January
    • TOTAL: $3,684
  • February
    • TOTAL: $533
  • March
    • Fugawi iNavx: Pacific Mexico charts: $35
    • TOTAL: $5,280
  • April
    • TOTAL: $2,590
  • May
    • TOTAL: $TBD
  • June
    • TOTAL: $TBD
  • July
    • TOTAL: $TBD
  • August
    • TOTAL: $TBD
  • September
    • TOTAL: $TBD
  • October
    • TOTAL: $TBD
  • November
    • Pile mooring fee Whangarei, NZ: $108
    • TOTAL: $108
  • December
    • Pile mooring fee Whangarei, NZ: $108
    • TOTAL: $108

2017 (actively cruising):

  • January
    • Pile mooring fee Whangarei, NZ: $108
    • TOTAL: $108
  • February
    • Pile mooring fee Whangarei, NZ: $108
    • TOTAL: $108
  • March
    • Pile mooring fee Whangarei, NZ: $108
    • TOTAL: $108
  • April
    • Pile mooring fee Whangarei, NZ: $108
    • TOTAL: $
  • May
    • TOTAL: $TBD
  • June
    • TOTAL: $TBD
  • July
    • TOTAL: $TBD
  • August
    • TOTAL: $TBD
  • September
    • TOTAL: $TBD
  • October
    • TOTAL: $TBD
  • November
    • TOTAL: $TBD
  • December
    • TOTAL: $TBD
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