Complete RV Ownership Cost Calculator
Planning to buy an RV? Understanding the true cost of RV ownership goes far beyond the purchase price. Our comprehensive calculator helps you budget for all expenses including depreciation, insurance, maintenance, fuel, financing, and camping costs.
Pro Tip: The average RV owner spends 20-25% of their RV's purchase price annually on ownership costs. Use this calculator to plan your budget accurately and avoid financial surprises.
RV Cost Calculator
Annual Cost Breakdown
Total Annual Cost
$29022.74
Cost per Mile
$2.90
Daily Ownership Cost
$79.51
Understanding RV Ownership Costs
Major Cost Categories
Depreciation
Often the largest cost, RVs typically depreciate 15-20% annually in the first few years.
Insurance
Comprehensive coverage for motorhomes and travel trailers, typically 2-4% of RV value.
Maintenance
Regular servicing, repairs, and upgrades to keep your RV road-ready and comfortable.
Money-Saving Tips
- • Buy used to avoid initial depreciation hit
- • Learn basic maintenance to reduce service costs
- • Use membership programs for campground discounts
- • Consider seasonal storage to reduce insurance
- • Shop around for insurance and financing rates
Frequently Asked Questions
What's the average annual cost to own an RV?
The average annual cost ranges from $10,000 to $30,000 depending on the RV type, usage, and financing. Class A motorhomes typically cost more than travel trailers due to higher purchase prices and maintenance requirements.
How much does RV insurance cost?
RV insurance typically costs 2-4% of your RV's value annually. A $100,000 motorhome might cost $2,000-$4,000 per year to insure, depending on coverage levels, your driving record, and where you live.
What maintenance costs should I expect?
Annual maintenance costs typically range from $1,500-$4,000, including oil changes, tire replacements, brake service, and general repairs. Older RVs and those used extensively will have higher maintenance costs.
How does RV depreciation work?
New RVs depreciate rapidly, losing 20-30% of their value in the first year and 15-20% annually thereafter. The depreciation rate slows as the RV ages, but it remains a significant cost factor for the first 5-7 years.
Make Informed RV Ownership Decisions
RV ownership can be incredibly rewarding, but it's important to understand all associated costs. This calculator provides a comprehensive view of your potential expenses, helping you make an informed decision about RV ownership and budget appropriately for your lifestyle.
Remember that costs can vary significantly based on your specific RV type, usage patterns, and location. Use this calculator as a starting point and adjust the values based on your research and local market conditions.