What's The Cost Of Owning A Boat?

Boat Ownership Costs
Paul Luisi
by Paul
Luisi

The costs associated with boat ownership include the price of the vessel, the towing and storage costs, boating education fees, boat maintenance costs, fuel expenses, insurance costs and boating gear costs.

The prices below account for all these costs. The largest cost is the boat loan monthly repayment.

Is boat ownership affordable?

The Average Cost Of Owning A Boat: 

Type Of Boat Ownership Cost Range (Monthly)
Pontoon $600 - $1,800
Yacht $4,000 - $250,000+
Sailboat $500 - $10,000+
Motorboat $550 - $7,000
Catamaran $1,200 - $30,000
Speedboat $450 - $1,500+
Houseboat $700 - $10,000+
Fishing Boat $800 - $10,500

Please note that these costs are for educational purposes only. Your costs may vary massively.

The costs in this guide assume a 10 year boat loan repayment term with a 4.5% interest rate. (current average loan rate)

Cost Of Pontoon Ownership

The pontoon cost of ownership listed below include monthly boat insurance, fuel, storage, equipment, loan repayment and maintenance costs.

The cost of owning a pontoon is: 

  • Used Pontoon: $600 - $900 per month
  • New Pontoon: $1,200 - $1,800 per month

The size of the pontoon and the location influence costs also.

Popular Pontoon Brands Ownership Cost

The average monthly cost of pontoon ownership for popular brands are:

  1. Bennington: $1,450
  2. Bentley: $750
  3. Sun Tracker: $600
  4. Avalon: $1,200
  5. Manitou: $1,300
  6. Godfrey: $900

For a more detailed expense breakdown, the cost of owning a pontoon guide covers individual expenses associated with pontoon ownership.

Summary
The average cost of owning a pontoon ranges from $600 - $1,800 per month. These costs include monthly boat loan repayments, fuel, maintenance, insurance and storage costs.

Cost Of Motorboat Ownership

The motorboat ownership costs listed below include monthly boat insurance, fuel, storage, equipment, loan repayment and maintenance costs.

The cost of owning a motorboat:

  • Used Motorboat : $550 - $1,500 per month
  • New Motorboat: $2,000 - $7,000+ per month

Popular Motorboat Brands Ownership Costs

The average monthly ownership costs of popular motorboat brands are: 

  1. Rinker : $550
  2. Four Winns: $1,500
  3. Formula 37: $5,000
Summary
The average costs of owning a motorboat ranges from $550 - $7000+ per month. These costs include boat loan monthly repayments, fuel, maintenance, insurance and storage costs.

Cost Of Yacht Ownership

The yacht ownership costs listed below include monthly yacht insurance, fuel, storage, equipment, loan repayment and maintenance costs.

The cost of owing a yacht:

  • Used Yacht: $4,000 - $10,000 per month
  • New Yacht: $20,000 - $250,000+ per month

Yacht ownership costs fluctuate based on size, condition, age and location of the boat.

Popular Yacht Brands Ownership Costs

The average monthly ownership costs of popular yacht brands are: 

  1. Azimut: $65,000
  2. Sunseeker: $250,000
  3. Benetti: $550,000
  4. Sanlorenzo: $170,000
Summary
The average monthly costs of owning a yacht ranges from $4,000 for smaller yachts to over $250,000+ for super yachts. These costs include yacht loan monthly repayments, fuel, maintenance, insurance and storage costs.

Cost Of Fishing Boat Ownership

The fishing boat ownership costs listed below include monthly boat insurance, fuel, storage, equipment, loan repayment and maintenance costs.

The cost of owning a fishing boat:

  • Used Fishing Boat: $800 - $1,500 per month
  • New Fishing Boat: $2,000 - $10,500 per month

Fishing boat ownership costs fluctuate based on size, age, condition and location of the boat.

Popular Fishing Boat Brands Ownership Costs

The average monthly ownership costs of popular yacht brands are: 

  1. Century Center Console: $1,500
  2. Sport Fisherman: $10,300
  3. Jarvis Newman Trawler: $1,800
Summary
Fishing boat ownership costs range from $800 to $10,500 per month. These costs include fishing boat loan monthly repayments, fuel, maintenance, insurance and storage costs.

Cost Of Sailboat Ownership

Sailboat ownership costs listed below include monthly boat insurance, fuel, storage, equipment, loan repayment and maintenance costs.

The cost of owning a sailboat: 

  • Used Sailboat: $500 -$2,600 per month
  • New Sailboat: $3,000 - $10,000+ per month

Sailing Boat ownership costs fluctuate based on size, age, condition and location of the boat.

Popular Sailboat Brands Ownership Costs

The average monthly ownership costs of popular sailboat brands are: 

  1. Catalina: $2,500
  2. Island Packet: $5,000
  3. Beneteau Oceanis: $6,000
Summary
Sailboat ownership costs range from $500 to $10,000+ per month. These costs include sailboat monthly loan repayments, fuel, maintenance, insurance and storage costs.

Cost Of Houseboat Ownership

Houseboat ownership costs listed below include monthly boat insurance, fuel, storage, equipment, loan repayment and maintenance costs.

The cost of owning a houseboat:

  • Used Houseboat: $700 -$1,300 per month
  • New Houseboat: $1,800 - $10,000+ per month

Houseboat ownership costs will fluctuate based on age, size, condition and location of the boat.

Popular Houseboat Brands Ownership Costs

The average monthly ownership costs of popular houseboat brands are: 

  1. Fun Country: $800
  2. Harbor Master: $1,800
  3. Campi 400: $1,350
Summary
Houseboat ownership costs range from $700 to $10,000+ per month. These costs include houseboat monthly loan repayments, fuel, maintenance, insurance and storage costs.

Cost Of Catamaran Ownership

Catamaran ownership costs listed below include monthly boat insurance, fuel, storage, equipment, loan repayment and maintenance costs.

The cost of owning a catamaran:

  • Used Catamaran: $1,200 -$6,000 per month
  • New Catamaran: $10,000 - $30,000 per month

Catamaran ownership costs will fluctuate based on age, size, condition and location of the boat.

Popular Catamaran Brands Ownership Costs

The average monthly ownership costs of popular catamaran brands are: 

  1. Leopard: $7,000
  2. Fountaine Pajot: $20,000
  3. Norman Cross Trimaran: $1,350
  4. Lagoon 39: $4,000
Summary
Catamaran ownership costs range from $1,200 per month for smaller catamarans to $30,000+ per month for luxury ones. These costs include monthly loan repayments, fuel, maintenance, insurance and storage costs.

Cost Of Speedboat Ownership

The cost to own a speedboat:

  • Used Speedboat: $450 -$800
  • New Speedboat: $550- $1,600

Speedboat rental prices are the most expensive in the summer months.

Popular Speedboat Brands Ownership Costs

The average monthly ownership costs of popular speedboat brands are: 

  1. Tahoe: $450
  2. Bayliner: $650
  3. Monterey: $1,500
  4. Hurricane Boats: $600
Summary
Speedboat ownership costs range from $450 to $1,500+ per month. These costs include monthly loan repayments, fuel, maintenance, insurance and storage costs.

The Bottom Line

Owning a boat can be quite expensive. Your payment amount can vary.

Factors that influence the costs include location, age of boat, size of boat and condition of boat.

These figures should be used as an example and not a guarantee of costs.