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Living in an RV fulltime allows you to see the world and experience true freedom—but it’s not free. Find out how much cash you need to be a full-time RVer. Living in an RV may seem like a dream—and for some, it’s a reality. Living in an RV lets you see the country or world while living in your own portable home. However, is it cheaper than living in a brick and mortar home? These full-time RVers shed light on how much it really costs to live in an RV. Your new home: Up to $300,000 The cost of a motorhome or travel trailer is by far the biggest investment of an RV lifestyle. RVs and travel trailers can cost between $10,000 and $300,000 —depending on the style and features. “Unless you have cash upfront, you will need to finance your RV,” Regina Caligiuri , a full-time RVer. “Since it’s a recreational vehicle, the interest rates are usually higher than an average car loan.” Additional vehicle: $40,000++ There’s also the cost of owning a separate vehicle to either tow the RV or to tow behind it. Towing vehicles are typically heavier duty, such as a full-size truck or SUV. If you need to invest in a new one, the average cost of a full-size truck is around $30,000 to $40,000 . Motorhome owners often tow a smaller vehicle as well so you need to factor in the cost of a sedan (or similar) vehicle. According to Kelley Blue Book […]