Living small and saving big: The actual cost of alternative housing

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5. Recurring costs

Also, other factors come into play besides actually building the van itself. There are still monthly and yearly expenses to be paid. There are groceries, gas, car insurance, phone bills, camping fees, parking and speeding tickets, and your own health insurance fees. Though, of course, you are giving up water, energy, trash, cable bills, and HOA fees.

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Then, there’s also registration every year and any fees that come along with car-related issues. Altogether, you’re looking at around $1,200 in monthly costs, give or take incidentals. You will want to consider how that compares against your current monthly costs and whether these are costs you can afford while on the road.