Summary
1. High Rent Issues in America
If you feel like rent prices are getting out of control, you’re right. According to data from NerdWallet, the average rent in America for 2023 is $2,052, reflecting a 3.3 percent rise compared to last year. Consequently, it might be worth considering living off dry land to find a more affordable option. In fact, living on a boat could save individuals thousands of dollars monthly, according to Rightboat, a digital boat marketplace.
2. Benefits of Living on a Boat
“We often associate living on a boat with wealth and prestige. However, the reality is that living on a boat is frequently more affordable than traditional land-based accommodation,” Rightboat shared. “In major cities where housing prices continue to escalate, many people are opting for the water as a more economical choice.”
3. Savings Comparison in Major Cities
Rightboat has analyzed rental data from the most expensive cities across the nation and compared it to the costs associated with boat slips in these areas.
- New York City: Average apartment rent (including utilities) around $4,082.36 vs. an average slip costing $1,800. This results in a potential savings of $2,282.36.
- Seattle: The average apartment rent is $2,856.70, while the average slip costs $1,350, providing substantial savings of $1,506.70.
- Austin: Saves approximately $1,488.79.
- Nashville: Savings of about $1,446.78.
- San Francisco: Round out the top with $943.85 in potential savings.
4. Happiness and Well-being
Moreover, Rightboat’s research suggests that living on a houseboat can enhance your happiness. “An extensive study on happiness in certain environments found that individuals near marine or coastal locations scored six points higher for happiness compared to urban settings,” the team noted. This sense of tranquility might stem from the rhythmic ebb and flow of the tides or the soothing sounds associated with water.
5. Exploration Opportunities from a Boat
Furthermore, living on a boat can enhance your travel experiences. “Living on a boat grants you the freedom to explore not just one place but an entire network of waterways, coasts, and even distant shores,” it explained. Your floating home transforms into a gateway to endless adventures.
Discover more about living on a houseboat and explore potential waterside homes at rightboat.com.
