7 Trues on how much money do you need to live a van life

Living in a van has become increasingly popular lately. People are choosing to travel across the country rather than living in an apartment or house. This trend has been fueled by low cost airline tickets and gas prices.

However, living in a van isn’t cheap. There are several expenses associated with living in a van. Here are 7 truisms on how much money do I need to live a vanlife.

1. Van Insurance

It’s expensive to drive a car. If you don’t have insurance, you may find yourself paying thousands of dollars in medical bills after an accident.

In addition, if you have an accident, you may face hefty fines and penalties. However, if you have van insurance, you won’t have to worry about any of these things.

Van insurance covers everything from damage to your vehicle to injuries sustained by passengers.

2. Gasoline

Gasoline costs $3.50 per gallon. That means that every trip you take in your van will cost you $3.50.

This expense doesn’t include maintenance fees. For example, if you run your engine too often, you’ll pay hundreds of dollars in repairs.

3. Maintenance Fees

Maintenance fees vary depending on the model of van you purchase. Some vans come with basic maintenance packages, while others offer comprehensive services.

For example, if you purchase a used van, you should expect to spend anywhere between $200-$500 per month on maintenance.

4. Parking Tickets

Parking tickets add up quickly. Every time you park illegally, you’ll receive a ticket.

These tickets can range from $25-$100 each.

5. Car Wash Costs

Car washing adds up fast. Many people wash their cars once a week, costing them over $300 annually. We will need to find a mid-term solution for this problem.

6. Repairs

Repairs can also be costly. You may need to replace tires, brakes, shocks, and windshield wipers. Take always that in mind, because you may end up spending more than you expected.

7. Food

Food is another major expense. Eating out is expensive. And eating groceries is even pricier.

So, if you plan to eat out frequently, you’ll need to budget accordingly.

Originally posted 2022-09-25 15:44:00.