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How Much Does it Cost to Sail Around the World?

written by Terysa June 10, 2017

This is it- the big question that everyone wants answered! How much does it cost to sail around the world? We try and answer this question as best we can in this week’s video.

Here’s a breakdown of what we believe a realistic cost to be:

  • Boat: $30,000 upwards. Most cruisers who are planning circumnavigation or offshore cruising will buy a boat that is considerably more expensive than this. We would recommend that if you’re buying used, it’s best to buy a boat that is already kitted out.
  • Monthly budget for 2 people in the Caribbean and Europe: $3000
  • Slush fund: as much as you can afford! We would recommend at least $5000 in savings to deal with any unforeseen circumstances. The older the boat, the more you may need in repairs, maintenance & equipment.
  • Equipment: we’ve spent about $20,000 on equipment purely designed for offshore and trade wind passage making. Therefore, if you are planning to limit your cruising to a cruising ground such as the Caribbean, you may not need any of these items. They include: Parasailor, SSB radio, hydrovane, Watt and Sea hydrogenerator, wind generator, solar panels, Yellow Brick tracker, laptop for receiving GRIB files at sea (Mac Books are not compatible), flares, and spare parts. This doesn’t include ‘basics’ such as autopilot, AIS, life-raft, EPIRB, sat phone, and code zero sail, fishing rods and lures, BBQ, cool box, etc.

We hope you find this video informative and helpful!

Nick & Terysa

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6 comments

CB September 2, 2017 at 9:36 pm

Want to subscribe, but it goes wrong! Help!

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Terysa September 15, 2017 at 1:36 am

You might have to head over to our YouTube page to subscribe! Or you can sign up to our website by clicking the link on our home page. 🙂

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Dale Miller October 31, 2017 at 8:20 pm

Just a quick question. Did I see your Southerly for sale by S and J yachts in, I think, South Carolina? Are you selling your Southerly and why, if I may inquire?
Thanks,
Dale

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Rob January 3, 2018 at 2:25 pm

I’m off on my first boat cruise in about 3 weeks time and SUPER excited.
Never ever thought of buying a boat and cruising the world (but my other half has, and has been across the Atlantic already), but now i’m intrigued and excited.
Loved the video and will watch a few more.
Happy trails from the bush.. (I live in the South Luangwa National Park)

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Beatie February 21, 2018 at 3:37 pm

Hi Terysa, thanks for an informative vlog.
A quick question – the $3000 per month… does this include your medical and boat insurance, as well as the cost of your flights home and the storage of the boat?
Thanks

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Terysa February 21, 2018 at 9:19 pm

Hey mate- yes it does. The only thing it doesn’t include is large, one off costs that we’d incur very rarely, such as when we bought our new rib and outboard (we dipped into savings for that).

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