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You are here: Home / RV America / Monthly Expenses for Full Time RVing – May 2016

Monthly Expenses for Full Time RVing – May 2016

June 20, 2016 by Mark Kelley 1 Comment

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2016-05-06 08.06.07

Pulling the Airstream through Yosemite National Forest.

Several months ago, we created a monthly budget for our RV trip, and we planned to share our monthly expenses to see how much it costs to RV around America.

We’ve shared our monthly expenses for March and April, and below are our expenses for May.

I’m thrilled to calculate that we were 1% under budget for the month of May. We spent $4,430 against budgeted expenditures of $4,454 per month.

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This is great news since we were 44% over budget in March and 21% over budget in April as a result of some mechanical repairs and major purchases. However, we continue to obliterate the Food & Dining category in our budget.

We had budgeted $1,000 a month on Food & Dining, yet we are easily exceeding that number each month.

It seems that our eating habits, including coffee shops and restaurants, remain similar to our habits while living in a house. We visit a coffee shop 2-3 times per week, and we eat at a restaurant about once a week. Also, we occasionally find ourselves in a situation where we have to buy a few days of food at a high priced grocery store in a touristy area.

As I suspected after reviewing April’s expenditures, a $1,500 per month spend on Food & Dining is more likely the right number to use when refactoring the budget. I suppose I got a little too aggressive on trimming our Food & Dining habits, which I warned against in Step 5: Create an Adventure Travel Budget.

The good news is that we’re spending less than expected in some other major categories, such as Automotive & Fuel and Entertainment, which helps bring our monthly expenses in May below our anticipated budget.

Below is a table breaking down our costs to RV for the month of May 2016.

Note that this breakdown of expenses for our RV trip excludes any financials related to real estate and other financial investments. We’re trying to convey the day-to-day lifestyle expenses of an RV trip around America, and that other stuff muddied the waters.

Spending Category Monthly Budget May 2016 Spending % Change from Budget Comments
Auto & Fuel $1,300 $1,055 -19% Includes $131 oil change and tire rotation
Bills & Utilities $200 $169 -15% Covers 2 cell phones + hot spot
Business Services $29 $5 -81% UPS shipping
Entertainment $380 $50 -87% For fun activities. Low b/c we’ve been spending most of our time in the parks where we camp.
Financial — — — Investments not included here
Food & Dining $1,000 $1,662 66% Groceries, restaurants, treats
Gifts & Donations $40 $40 0% Monthly church contribution
Health & Fitness $100 $17 -83% Meds.
Home — — — Mortgages not included here
Kids — — — No child care expenses.
Personal Care $75 $0 -100% Haircuts and other treatment
Services Fees & Charges $100 $49 -51% Random fees, parking, license renewal.
Shopping $300 $388 29% Splurges + new Keurig
Travel & Lodging $930 $994 7% For campground fees + 1 hotel night
Total $4,454 $4,430 -1% First month under budget!

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Filed Under: RV America

Comments

  1. Velvet Baker says

    July 29, 2016 at 2:05 pm

    Katie I had no idea you were doing this. How freaking cool!!! Good for you guys. Love everything you are doing. Hugs, Velvet

    Reply

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