Is It Cheaper To Live In An RV?
If you’re wondering, is it cheaper to live in an RV or an apartment—or even a house—the answer depends on your lifestyle, travel habits, and financial goals. The answer also depends on several factors, including individual circumstances and personal preferences, which can greatly influence which option is best for you.
At Delmarva RV Center, we’re here to help you break down the real cost of RV living vs. a house or apartment so you can decide if the RV lifestyle is right for you.
Cost of RV Living vs. House
Owning a home comes with a mortgage, averaging around $2,200/month, plus property taxes and maintenance that can easily add $200–800 more each month. While homes may gain value over time, they also tie you to one location. Houses also come with additional costs for utilities, insurance, and ongoing maintenance, which can make traditional housing more expensive compared to RV living.
In comparison, how much does it cost to live in an RV full-time? Monthly costs usually range between $1,600–3,000 and include:
- Fuel costs (often a few hundred dollars per month, typically $300–500)
- Campground fees ($200–800)
- Groceries and dining
- Maintenance and insurance
RV payment is another significant expense, and the biggest expenses for full-time living include the initial purchase and setup of your RV. Expenses can vary widely depending on how often you travel, the type of RV or travel trailer you choose, and your lifestyle choices. Many RVers use memberships like Passport America and Good Sam to save money on RV park and campground fees. Most RV parks include utilities such as water, sewage, and electric, and offer weekly rates and monthly rates, often at a lower cost than nightly stays. The cost of staying at state parks, national parks, and private parks can differ, and choosing these options can help save money depending on your travel plans.
Travel trailers and used RVs are generally cheaper options for those starting out, and buying a used RV can be a good way to save money and reduce your initial expense. Some people pay cash for their RV, while others pay monthly; paying for regular maintenance and insurance is important to manage ongoing maintenance costs. The full-time RV lifestyle can be a lower-cost alternative to apartment living or a fixed location, especially for those who travel frequently across the country. Solar panels are a good investment for those who want to boondock or stay off-grid in parks, further reducing expenses.
The short answer: RV living is generally cheaper than traditional housing for the average American, but individual expenses and savings will depend on personal choices and circumstances.
Is It Cheaper to Live In an RV or an Apartment?
Apartment renters face monthly rent, utilities, and renter’s insurance, which quickly adds up depending on the area, making apartment living in a fixed location potentially expensive compared to other options. RVers can often cut those costs significantly. RV living is a lower-cost alternative to apartment living in a fixed location, allowing you to save money on monthly expenses. Many campgrounds, most RV parks, and most RV setups include utilities like water, electric, and Wi-Fi in their fees, which helps save money compared to traditional apartment living, plus amenities like laundry or pools.
With careful budgeting and strategic parking (like long-term or off-grid stays), it is often cheaper to live in an RV than rent an apartment.
What Are the Upfront Costs?
RVs range from $10,000 to over $400,000. Many people start with a used RV or a travel trailer as their first RV to save money. Tow vehicles, hitches, or accessories can add to that—but they’re usually one-time expenses. You may need a big truck to tow certain travel trailers, which can increase your initial costs. When buying, you can choose to pay cash or finance, which affects how much money you need up front. Whether you buy new or used, you can often find a setup that fits your budget, especially at Delmarva RV Center.
Other Expenses To Plan For
These are all important expenses to plan for when living in an RV.
- Maintenance: Regular maintenance is essential for safety and reliability, and maintenance costs can add up over time. Budget for ongoing maintenance costs to keep your RV running smoothly.
- Insurance: RV insurance and car insurance are separate but related expenses. RV policies average $150–300/month but are usually cheaper than homeowners insurance.
- Connectivity: Many RVers rely on mobile hotspots for reliable internet access.
- Health Insurance: Nationwide coverage plans may be needed if you’re always on the move.
Pros & Cons of Full-Time RV Living
Pros
- Lower monthly expenses
- Travel flexibility
- Adventure and minimalism
- Tiny living—embracing a minimalist lifestyle in a small space appeals to those seeking simplicity, reduced costs, and financial freedom.
Cons
- Upfront RV investment
- Smaller living space
- Travel fatigue if not managed carefully
- Some full-time RVers may find it challenging to adjust to the full-time RV lifestyle, including managing ongoing expenses and adapting to life on the road.
Is Living In an RV Cheaper Than a House or Apartment?
In many cases, yes. The cost of RV living vs. a house or apartment can be significantly lower, especially if you’re strategic with travel and expenses. If you’re craving more freedom, mobility, and potential savings, full-time RV life may be the perfect path forward.
Ready to explore the RV lifestyle? Visit Delmarva RV Center to shop affordable new and used RVs and start your journey today!
