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THE COST OF MOVING INTO A CRUISE SHIP (Is it Worth it?)

JJ Cruise
JJ Cruise
πŸ…Authority
πŸ‘οΈ 416K viewsπŸ“… 2 years ago⏱️ 10:20

Key Moments

Editorial Summary

The creators conduct a financial comparison between living in a traditional retirement community and moving into a residential cruise ship. They use The Villages in Florida as a baseline for land-based living, calculating costs for a median home, mortgage, taxes, insurance, utilities, groceries, and transportation. They estimate the monthly cost for two adults in The Villages to be approximately $6,700, totaling over $1.2 million over fifteen years. The video then examines the costs associated with Villa Residences, specifically an ocean view cabin. This includes the initial cabin purchase, interest on payment plans, and monthly fees. The creators note that while the monthly fees for the cruise ship are higher, they cover all food, transportation, entertainment, and utilities. They conclude that over a fifteen year period, the cruise ship option may actually be more cost effective when considering the included travel to various continents and the stability of fixed fees against inflation. The creators suggest that the cruise ship lifestyle offers a unique way to see the world while maintaining a predictable budget.

Written by TripBacon from this video's transcript.

What This Creator Said
Creator RecommendsTips & AdviceπŸ…Authority Creator

Source: Our analysis of the creator's lived experience, based on what they said in this video.

Creator's Key Takeaways

we're going to go onto their ship and live for a period of time and the number one question that we got from all of you at home after making that announcement video is what about the cost what about the prices what about the exorbitant fees

the cost of the cabin is going to cost you $120,000 before you ever step on board they do expect you to put 50% down

the fees for two adults is $5,000 a month people see that and they think oh my gosh that is so much money but you have to remember when you're living full-time on board that includes all of your food all of your trans Transportation

personally the price that I put on that type of travel can't be calculated it truly is priceless to be able to see the world

Creator's Tips & Advice

βœ“Compare the long-term costs of living on a cruise ship versus a retirement community to see which saves more money.
βœ“Consider the included amenities and travel benefits when evaluating the monthly fees for residential cruise living.

πŸ†•New to Cruising? This Creator Addresses:

High monthly fees for residential cruise living β€” Remember that the fees include all food, transportation, entertainment, and utilities, which can offset the cost compared to land living.

Questions This Creator Answers

QWhat does it cost to live full-time on a residential cruise ship?
QHow does the cost of living on a cruise ship compare to living in a retirement community like The Villages in Florida?
QIs moving onto a cruise ship worth it financially?

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Video content sourced from the creator's original upload. Watch on YouTube