how much does a 40 ft yacht cost

Average Yacht Prices | 40, 50, 60, 70, 100 feet + Helpful Examples

How much do yachts cost? Let’s look at yacht prices per size.

SELECT SIZE ⇩

Note: We will look at yachts that are a few years old. Very few people buy brand-new yachts as the price comes down a lot after only a few years.

How much is a small yacht? Let’s start at 40 feet length.

40 Foot Yacht Cost

A 40-foot yacht can be found used for around $200,000 and new models can cost as much as a million dollars. There are always lots of used yachts for sale around 40 feet in length, which makes them more attractive to first-time buyers.

Technically, a yacht begins at 23 feet. However, yachts that size will more often be referred to as boats.

A 40-foot yacht is a great option for looking for relative simplicity and plenty of comfort and capability. This size is great for day trips in the Caribbean dedicated to speed boating or simple cruising.

The size remains manageable, but the vessel can be updated with extra living spaces and amenities as desired, with a more affordable price than larger options.

The maintenance prices will remain lower as well.

Make sure you are considering the age of your yacht. Even if it is on the smaller end, it will be more expensive if it is new and custom-built to your wants.

Even if you think a 40-foot yacht is the cheapest option, these small factors make for a sliding price scale.

You might find that a smaller, new, custom yacht is more expensive than an older, simpler, larger yacht. One benefit of an older yacht is that it should have the improvements and equipment that make it comfortable to operate and will not have those additional costs.

For  sailboat prices specifically, check out this article .

Our Pick: Viking 42 Convertible: Cruise and Fish (2014)

Price: $895,000

• Cushioned seats
• Underwater lights
• Flybridge fiberglass hard-top
• Recent engine and service
• Joystick control
• Cockpit shade with poles, freezer, and step-up box
• Custom chairs
• Coach roof overhang to provide shade
• home theater setup
• Freshwater wash area
• Cockpit freezer and drink box
• Forward-facing viewing windows in deckhouse

Here’s a great example of a yacht with differing ages and year models. It has twin diesel engines, 600 hp each, and cruise at 35 mph (pretty fast!).

Yacht Price Examples for Three Other 40-50 Foot

• 42-foot Grand Banks 42 Classic; trawler-cruiser style yacht; twin diesel, 350 hp each, cruising speed is 13 mph. Price: $370,000 for 2004; $124,500 for 1986; older ones for less
• 45-foot Sea Ray 450 Sundancer or Sedan Bridge; single or twin diesel, about 1,000 hp total; cruising speed about 26 mph Price: $472,000 for 2012 twin-engine
• 41-foot Back Cove Downeast; single diesel 715 hp; cruising speed is 26 mph Price: $619,000 for 2016

50 Foot Yacht Cost

50-foot yachts are  normally owner-operated, so you wouldn’t need to pay for a crew. Now we are around the size of 2-bedroom yachts.

They can provide more living space giving the owner flexibility for more guests and making it a more permanent residential option. With more space comes the opportunity to install more amenities as well.

The biggest difference between the 40-foot vessel and the 50-foot is the accommodations.

Expect three-cabin layouts, which give plenty of space for rest. The opportunity to create guest rooms, owners’ suite, and entertainment spaces are better with these yachts.

Our Pick: Hatteras GT54 Convertible Sportfish

The price for the 2017 model of this used yacht starts at $2,249,000. 

This yacht is 53′ 10″ long and weighs 75,000 pounds! It has twin diesel engines, 1,300 hp each, cruising speed of 35 mph.

It has a 1200-gallon fuel capacity with three staterooms. It sleeps up to 6 people, so it is perfect for entertaining without being so large to the point where maintenance becomes very difficult. It is known for its great propulsion rates and is very smooth and agile.

It specializes as a fishing boat but allows plenty of room for guests. In addition to the three staterooms, it has a large salon deck, a spacious galley, and plenty of indoor and outdoor seating.

Yacht Price Examples for Two Other 50 Foot

• 51-foot Azimut Magellano 50; express cruiser; twin diesel engines, 425 hp each, cruising speed 16 mph Price: $670,760 for 2013
• 52-foot Carver C52 Command Bridge; twin diesel engines, 600 hp each; cruising speed 18- 26 mph Price: $1,149,000 for 2017; $1,750,00 for 2021 with bow thrusters, gyro-stabilizer

How much is a large yacht? Let’s  step up to 60 foot.

60 Foot Yacht Cost

Now we’re looking at 2-bedroom yacht prices. A yacht in this range approaches the upper end of the owner/operator criteria.

This means that owners need to decide whether they can handle this size yacht on their own or if they need to hire outside help from a crew.

If you’re thinking of buying a boat this size, the cost may not be an issue, but understand that adding crew members adds substantial extra expenses! Crew salaries start at around $3K /mth for junior members and $10K for captains and experienced crew members.

This size is great for longer travels beyond day trips and adds more and more space for extra amenities. Hosting guests becomes easier.

Here are some examples:

Our Pick: Hatteras M60

The average base price for this model is around $2,995,000.

The Hatteras M60 is great for someone who wants the luxury of a larger yacht but still wants to be an owner-operator. The deck’s layout below and above is spacious, with a large salon and a full master suite. It can be customized to order with hardwood floors or specific carpeting and amenities like TVs, a bar, a full kitchen, etc. It is a motor yacht, meant for pleasure cruising.

It has twin diesel engines, 1135 hp each; cruising speed is 28 mph.

Yacht Price Examples for Two Other 60 Foot

• 64-foot Schaefer 640; express cruiser; twin diesel engines, 625 hp each; cruising speed 25 mph Price: $1,299,000 for 2017
• 60-foot Sunreef 62 Sailing Catamaran; twin diesel engines 110 hp each; cruising speed 10 mph Price: $990,000 for 2009

70 Foot Yacht Cost

We’re now looking at 3-bedroom yachts. Once you reach this size yacht, it is almost guaranteed you will need a crew to help operate it. A crewed yacht is very different from an owner-operated yacht.

This is just shy of the superyacht category, so if you settle on this size, know you are almost there!

As previously mentioned, as the yacht size gets larger, so do the number of factors that make the purchase more layered and complex.

When yachts reach this size, the interior layout begins to change more drastically. They often have a spacious main deck perfect for dining and entertaining guests, whereas below, the yacht would likely have four or more cabins and crew quarters.

With more rooms comes more cost and more opportunity to customize the space to make it your own.

Here are some great options for this size:

Our Pick: Hatteras GT70 Convertible Sportfish

The 2017 GT70 model runs around $4,500,000, but keep in mind the extra costs of maintenance, furnishing, and a cabin crew to help it run. It’s great for a long vacation and far-away destinations.

The GT70 convertible sportfish is known for its speed and agility, and high propulsion power. It has twin diesel engines, 1900 hp each; cruising speed over 30 mph.

It is 70′ 6″ with 2,140-gallon fuel capacity. The inside is lavish, with a galley, a huge salon, and five staterooms.

Yacht Price Examples for Two Other 70 Foot

• 75-foot Hatteras Motor Yacht; sport cruiser; twin diesel, 1800 hp each; cruising speed 28 mph. Price: $4,375,000 for 2017
• 74-foot Ocean Alexander Motoryacht; twin diesel, 1150 hp each; cruising speed 24 mph. Price: $1,895,000 for 2011

100 Foot Yacht Costs (and up):

You are officially in the superyacht range.

These yachts come in all styles and shapes, allowing for cruising along coastlines or focusing on watercraft and speed boating.

Since this is likely the peak size boat for practical use, you can expect a lot of additional costs for hiring a crew, maintenance, docking, as well as stocking your boat full of amenities. 

You’re likely to spend the bulk of your costs furnishing this size boat as bigger yachts typically are sold without furniture. The previous owner will want to hold on to designer furniture and other expensive interior.

Check out these great  examples of 100-foot yachts .

Our Pick: 143′ 04″ Virtus 44

This model cost around $20,189,000.

This mega yacht is anyone’s dream.

It is home to a fully integrated beach club with room for a pool deck, floor-to-ceiling windows in the main salon, a hot tub on the top deck, five staterooms, an 8-person crew, and room to sleep ten guests.

It has room for water toys and other gadgets, with a layout that keeps them purposefully hidden from the outside world. It has a 12-knot cruising speed and 16-knot max speed,

Other 100+ Feet Yachts Price Examples

• 98′ 5″ AB 100 Price: $8,843,260 for 2018
• 161′ 04″ Acico Nassima Price: $17,933,000 for 2012

How Much is Yacht Insurance?

Insurance on a yacht is around 1% of the purchase price per year. It can go higher if you have lots of expensive designer furniture. This can add up over the years. It’s often cheaper to insure a sailing yacht but the price range is still within the 0.7-1.3%.

What Other Expenses Do Yacht Owners Face?

Harbor fees is another expense for yacht owners. It’s also a yearly fee that varies but as a rule of thumb, you can expect to pay around $100 per foot per year, depending on how popular the marina is. You will also have to be on a waitlist if you want a good location.

How Much Does a Luxury Yacht Cost?

A super yacht fall under the category of “luxury yachts” or “mega-yachts”.

The world’s largest private vessel belongs to the Prime Minister of the United Arab Emirates, Khalifa bin Zayed Al Nahyan’s Azzam. It is 590 feet long and costs $600 million to build!

It is outliers like these that increase the price average for yacht owners, perhaps scaring potential owners when they start their research.

As a luxury yacht price guide, however, we need to look at averages.

Currently, the average superyacht costs $275 million. This does not even account for maintenance costs, either.

Superyachts are large and luxurious, needing a professional crew to help them run. They are designed to emphasize comfort, speed, and longer expeditions – depending on the yacht builders.

They might have:

• swimming pools,
• water toys,
• diving and fishing poles,
• fully furnished rooms,
• helicopter landing pads,
• and smaller support vessels

Just to name a few amenities. They are truly the epitome of the elite.

What Size Boat is Considered a Yacht?

The normal yacht length starts at around 23 feet, and can extend hundreds of feet.  If the boat meets 23 feet, it can be considered a yacht.

A boat does not need luxury features to be considered a yacht.

It can be minimal and stripped of the “extra” stuff to fall into the yacht category, so long as it meets the size and length criteria.

11 Things to Consider Before You Purchase

When making this purchase, the yacht size you buy needs to reflect what you hope to get out of the vessel.

Some important questions to ask yourself before you buy are:

• What does your perfect day on the water look like?
• How long will your average day on the water be?
• Will it be more boating/watercraft focused or long cruise focused?
• Will you use the yacht for fishing?
• Will you be on the yacht every day of the week or just on weekends?
• How many people do you hope to fit on the yacht?
• Do you plan to stay on the yacht overnight?
• Where will you dock the yacht?
• How much boating experience do you have?
• How fast do you want the yacht to go?
• How important is it to have extra amenities like furnished rooms, water toys, electronics, etc.?

These questions will guide you to understand the size you really need and will be able to realistically maintain versus what your most ideal yacht would look like.

When Do You Need a Full-Time Crew?

At length over 50 or 60 feet, you may need a full-time captain or crew. 

A full-time crew person will be needed to keep all the varnished woodwork looking good and all the little things maintained.

Sometimes, you must be honest with yourself about what you want and what you actually need. Be self-aware about your abilities (or lack thereof) in taking care of a specific size yacht.

If you don’t know much about boats and navigation, you will need more help to use your vessel.

Hopefully, this comprehensive guide gives you a good starting point as you begin your yacht price research process.

Important Things to Consider As Well

Although there are many factors to consider when understanding a yacht’s prices, it is an exciting purchase nonetheless and should be enjoyed as much as possible.

At the end of your research, you’ll be the owner of a beautiful yacht you can use for leisure, cruising, sports craft, fishing, or all of the above.

Although this article is a good starting point, we would also recommend getting in touch with a  yacht broker who can help you find your best fit , model, year, and the price is given your personal budget. 

They are great sources of knowledge in addition to personal research.

Make sure you are as patient as possible in this process to make sure you are covering all your bases, but most importantly, enjoy the process!

Here’s How Much Yachts Cost on Average:

Yachts start around $300,000 for smaller 40-foot models and can go as high as several hundred million dollars for superyachts.

These are the main contributing factors to the price of a yacht:

• The size of the yacht
• The age of the yacht
• The brand and  type of yacht

In general, the larger the yacht is, the more important the quality of the build becomes.

Also, potential owners need to understand the cruising speed and propulsion of different yachts.

The yacht type is also broken down into two categories:

• Mediterranean Style Open style expresses yacht with maximum space for sun, little-to-no shade on the deck.
• Hard-top express Semi-enclosed or fully-enclosed space on deck for the operator
• Flybridge yachts

An express yacht is often referred to interchangeably as an  express cruiser  or  sports cruiser .

It has a single deck above the hull with a living space below.

They are much sleeker, too.

A flybridge yacht is often referred to as a sedan bridge or sport bridge, and it is typically used for fishing. It has additional space above the main deck.

Since the flybridge area has more space on the second deck, the main deck is normally made up of enclosed spaces and rooms.

It can have an open-air layout but can also have a hard-top.

Click to share...

How Much Does a Yacht Cost? The Average Prices and Costs of Yachts

The UK has a long, rich maritime history and, as such, the yachting industry thrives in this country. Sailing is a popular hobby or pastime for many people, but for others it’s very much a lifestyle.

If you’re in the latter category, you might be looking to buy your own and be contemplating the cost of a yacht. There’s a huge variety of vessels available – from motor yachts to a sporting yacht – and the sheer amount of choice and yacht sizes (both new and used yachts) can seem bewildering. Below, we take you through the various options and the costs associated with each.

The Average Price of a Yacht in the UK

While yachts are often regarded as synonymous with luxury, in reality they come in a startling range of sizes, designs, and prices. The average cost of buying a yacht in the UK varies considerably, according to a number of factors.

Whether you’re looking to buy a used vessel or a brand-new yacht, as well as the size and type of yacht you want, will all partly determine the price you’ll pay.

Designed by Freepik https://www.freepik.com/

How Much is a Small Yacht?

At the cheaper end of the market, you should expect to pay a minimum of £10,000 for a small sailing model which will be functional but modest, with the price rising to £50,000 or more for a new, more sophisticated, motorised yacht.

If you’re looking for something more spacious with a range of additional features, mid-range yachts in the UK are often priced between £50,000 and £500,000. These boats may come with more advanced navigation equipment, refined interiors, and extra amenities. These are more suitable for experienced sailors who are prepared to spend more on their passion.

Larger, motor-driven yachts will set you back hundreds of thousands of pounds. For example, a new 50-foot yacht costs upwards of £200,000 while the 70-foot yacht cost or 100-foot yacht cost will set you back anywhere between £1 million and many times that sum, respectively.

How Much Does a Super Yacht Cost?

In terms of top tier yachts – or “super yachts” – these can cost millions or even tens of millions of pounds and upwards. These vessels are often enormous (ranging from 120 feet to 300 feet in length). They epitomise luxury and may have multiple decks, along with swimming pools, helipads and sophisticated entertainment facilities.

Additional Costs and Maintenance

While the upfront cost of buying a yacht is substantial, there are a number of supplementary fees that apply to yacht ownership. You can expect to pay between 5% and 10% of the yacht’s initial purchase price on such annual costs. Here are a few to consider:

• Insuring your yacht is essential and the price will vary according to its value, its size and its intended function. We offer sailing yacht insurance and motor boat insurance .
• Maintaining your yacht. Additional costs might come in the form of engine servicing or repairs.
• Finding the right place to dock your yacht is crucial and can be expensive, particularly in popular marinas. Annual mooring fees vary considerably depending on the location and the size of the vessel.

Owning a yacht is an aspiration for many people, but it’s important to bear in mind the costs associated with buying one.

You should begin your search having already established a rough budget, the size of the vessel you’d like to purchase and what you’ll principally be using it for. Otherwise, the yacht market can seem overwhelmingly diverse, making it difficult to choose the right model for you.

What is the average price of a yacht?

The average price of a yacht in the UK is difficult to determine due to the variety on offer. A yacht can cost anywhere from around £10,000 to several million pounds before you start to get into super yacht territory. That said, a mid-sized sailboat should cost you between £50,000 and £100,000.

What is the price of a luxury yacht?

The price of a luxury yacht depends on whether you’re looking for a high-spec sailing vessel or a “super yacht”. For the former, the price will be upwards of £1 million, while the latter could exceed £100 million.

How much does a yacht cost to rent?

The cost of renting a yacht varies enormously, depending on what sort of vessel you’re looking for. A mid-sized motorboat or sailing yacht costs around £400 – £1,600 per day, while a much larger, luxury yacht could easily cost around £10,000 per day.

Admiral Marine is a trading name of Admiral Marine Limited which is authorised and regulated by the Financial Conduct Authority (FRN 306002) for general insurance business. Registered in England and Wales Company No. 02666794 at Beacon Tower, Colston Street, Bristol BS1 4XE. 

If you wish to register a complaint, please contact the Compliance and Training Manager on  [email protected] .  If you are unsatisfied with how your complaint has been dealt with, you may be able to refer your complaint to the Financial Ombudsman Service (FOS).  The FOS website is  www.financial-ombudsman.org.uk

Boatbuilders

Useful links, yachts & boats we insure.

+44 (0)1722 416106 | [email protected] | Blakey Road, Salisbury, SP1 2LP, United Kingdom

Part of the Hayes Parsons Group

Page Loading

• Vessel ltinerary
• Administration
• Dockage & Fuel
• Maintenance
• Capital Repairs & Reserves
• Total Expenses =
• Name Length Build
• # Total Expenses Date Saved

Advanced functionality coming soon.

Us flagged vessel, health insurance costs per crew, uniform cost per crew, training cost per crew, food cost per crew, crew turnover, hires using a professional crew agency.

• Restore Default
• $   | €   | £

Costs of food provisions will vary dependent upon how eloborate food Preferenaces are

Location will play huge factor in food provisons and thing may have to be folws into remorte locations.

Crew is one of the largest expenses on a superyacht and critical to the owner’s enjoyment of their vessel. As the largest crew agency in the world, we know crew. Our cost calculator contains customized crew lists for yachts ranging from 80ft to 600ft with salary information based on our reference verified salary data.

Our users also have the ability to completely tailor the crew list to the specific needs, schedule and requirements of their vessel. Each yacht is unique and may have specific owner requests in addition to the yacht’s safe manning requirements.

Management of the supplemental crew costs and strategic budgeting can help avoid significant overspend on categories such as food and uniform. This tool contains default values based on our industry expertise and recommended budget for an efficiently and safely run superyacht.

To learn more about each crew position in detail, including salary ranges, please visit our yacht department directory .

Drag the sliders to modify your results. These are not linear scales and we expect most yachts to operate within the 20-80% window. Above 80% and below 20% costs increase or decrease at exaggerated levels and we only see numbers in these levels in very rare circumstances.

This sunburst diagram is interactive. You can click into each block to see the expense break down and mouse over each block for more details.

Our chart of accounts displays seven major categories, 20 sub-categories plus a further 80 detail categories for a total of 107.

Our yacht operating cost calculator is now on it’s third major revision. We start with actual yacht expense data from our yacht management accountants and then generate formulas to extrapolate out the budget for a wide range of yachts. We have been providing accounting services to large yachts for the past 18 years.

Our operating cost calculator is tuned for yachts from 80 to 600 feet. We find operating variables create the largest variances for yachts smaller than 100 feet and larger than 250 feet. We have tested the numbers the most in the range from 100 to 250 feet.

Our budget calculator factors in the fuel burn for a range of engine sizes typically seen installed on yachts by length. By dragging the green “fuel dockage” slider to the right you will increase the projected fuel burn rate and therefore the budget cost for fuel. Our default position would be for a typical displacement fuel burn. Position the slider in the 60-80% range for fuel projections for planning hulls.

Our default values produce a budget number that we believe is generous to run a yacht to a high standard. Perfect is a very expensive word to use in the yachting industry where standards are already high. Moving the crew and maintenance sliders to 80% will provide an “industry best” quality of crew and give them the maintenance budget to operate to a very high standard. If you need to go over the 80% area then you may have unusually labor intensive equipment on the yacht.

Yes, our yacht operating cost calculator can output a budget suitable for this situation. Adjust the owner use to 2 (minimum value), owner slider to 0, crew slider to 10%, Administration to 10%, Fuel and Dockage to 0, Maintenance to 10% and then Capital Repairs to 0. This will remove all of the large charges associated with owner use and vessel movement but leave the essential base maintenance and insurance in place.

Lift on and float in yacht transport is a popular way to transport yachts across large ocean passage. The yachts that this service certainly applies to are ones that may not have the motoring range or structural integrity for blue ocean cruising. The cost of transporting a yacht twice per year is put into our budget once the “Fuel Dockage” slider hits 75%. If your yacht has the range we recommend self-sufficient ocean passages whenever possible. Whilst the transport companies sell their services based upon reportedly well oiled operated schedules the reality is that your yacht may stay waiting for pickup for a week or more with no compensation due. When factoring in all secondary factors of self-sufficient passages (increased fuel, maintenance, potential storm damage, crew time off, extra delivery crew) compared with transporting your yacht (insurance, potential loading / unloading damage, loss of schedule control, no work whilst underway, crew flights, crew accommodation) we believe that there is a 100% premium associated with float in transport and a 75% premium with lift on transport compared with self-powered.

Abandoned yachts crash in value. We recommend that even if you are trying to sell your yacht that you use the yacht for a minimum of two weeks per year so that systems are tested and working every six months. There is nothing worse for a yacht than not being used. If you truly are not going to use the yacht then you should sell it immediately for the first genuine offer as every dollar you put into maintenance will not be recovered at the time of the sale.

We did not build this version with sailing yachts in mind. Early in our development of this version we decided to exclude sailing yachts as a few of the major cost drivers scale very differently for sailing yachts compared with motor yachts. For example: To calculate paint costs we reviewed the surface area of over 100 large yachts and created a formula for painted surface area to length. Sailing yachts just don’t scale in a consistent way. Similarly crew numbers don’t scale in the same manner that they do for motor yachts. If there is sufficient demand we may build a sailing selector switch into a future version of this tool.

We hate to hear when yacht owners were told by their broker to factor in 10% of the purchase price to operate the yacht. This over used saying is sadly right occasionally (particularly for newer yachts in the $20-30M range)… but just because a broken watch tells the right time twice a day you shouldn’t rely upon it to tell the time. As yachts get older their capital value decreases but their maintenance costs increase. There is no way that a fixed 10% of purchase cost rule can be true… if your broker told you this rule then you need a new yacht broker… we know some good ones. 😊

Advanced functionality coming soon…

We are building advanced tools to allow you even greater control over our operating cost calculator. Please enter your email address below to be advised when it is available.

Save this version

Share your calculations, please save version before sharing luxyacht - calculator, you must be logged in to save this version of the cost calculator that you have customized for your yacht..

How Much Does a Yacht Cost? Unveiling Yacht Pricing

When considering the cost of a yacht, the question that often arises is, " How much does a yacht cost ?" Much like inquiries about the cost of homes, this question needs a more straightforward answer. Yacht prices exhibit a wide range of variation, influenced by size, style, age, finishing details, and geographical location. The price spectrum for yachts is astonishingly broad, spanning millions of dollars, given the many yacht sizes available. Before delving into the specifics of yacht costs, it's essential to address the fundamental query: " What defines a yacht? "

🤔 You may be interested in:   The 12 Most Expensive Yachts in the World

Defining the Category of Yachts:

According to the Merriam-Webster Dictionary, yachts can be broadly categorized into sailing boats and motor-powered yachts . These recreational watercraft encompass many vessels, including sailboats for racing and large motor-driven craft for leisure cruising. While size is not an explicit definition component, it significantly influences the classification.

In the industry, boats measuring between 40 and 70 feet are commonly called " yachts ," though some include vessels as short as 33 feet in this category. Notably, the concept of superyachts has evolved. In the past, yachts as small as 80 feet were considered superyachts, but with the advent of much larger vessels, a length of 130 feet is now more commonly associated with this distinction . Beyond that, there are megayachts, typically starting at 165 or 200 feet.

The crux lies in the absence of rigid criteria; one person's modest 20-foot sailboat may be regarded as a luxury sailing yacht by another. Generally, a boat is called a gleaming private vessel measuring 40 feet or more .

Beyond Size: Amenities Aboard:

While size is pivotal in labeling vessels as yachts, onboard amenities also contribute to the classification. Boats often feature cabins and heads below decks, facilitating overnight stays, a galley, and ample deck space for leisure activities .

The term 'yacht' has acquired connotations of luxury, particularly with the proliferation of enormous superyachts worldwide. However, luxury is not a prerequisite for yachts; a lively 30-foot trawler yacht may appear opulent to some, while others, like Jeff Bezos and the guests aboard his new $500 million sailing yacht Koru, might have a divergent perspective.

Understanding the Price of Yachts:

Attempting to determine an average price for yachts across all categories proves to be an exercise in futility, given the vast range of yacht sizes, spanning from 30 to 300 feet, and the distinction between new and used boats. To provide a general overview, purchasing a small used sailing yacht for as little as $15,000 in the United States is possible, while small motor yachts may cost between $50,000 and $100,000 . Larger motor yachts or new 40-foot day boats can effortlessly reach prices exceeding $1 million . Superyachts, on the other hand, invariably command multi-million-dollar valuations.

Ongoing Ownership Costs:

The expenses associated with yacht ownership extend beyond the initial purchase price. Even for those considering smaller yachts, it's imperative to account for annual costs, including :

• Marina Fees : Fees vary based on location and boat size, ranging from $5,000 for smaller yachts to tens of thousands for larger vessels.
• Insurance : Typically, annual insurance costs amount to approximately 0.5% of the boat's value.
• Maintenance and Repairs : Roughly 10% of the boat's value is allocated to care each year, with new yachts potentially incurring lower expenses.
• Fuel : Costs fluctuate depending on cruising distance and yacht size.
• Crew : While yachts up to 70 or 80 feet may not necessitate a team, larger vessels require more extensive staffing. Crew salaries range from $3,200 monthly for junior crew members to $10,500 monthly for captains and chief engineers.
• Depreciation : New boats experience the most significant depreciation, often losing 40 to 50% of their initial value within 8 to 10 years.

Categories of Yachts Based on Cost:

When discussing yachts and their price points, size usually takes center stage. Nevertheless, the style, engine size and finishing touches substantially influence costs . This examination will investigate average price disparities between new and used yachts in the United States, categorized by size.

Small Yachts (25 to 40 feet):

Small yachts, typically around 40 feet, fall within the realm of cabin cruisers and represent an entry-level option above smaller day boats. These vessels often feature cabins, heads, and small galleys, offering opportunities for weekend getaways . Prices vary considerably based on whether the yacht is new or used and factors like the model, finish, and engines. New and recent models of 38 to 40-foot boats may range from $250,000 to over $1 million , while older models often carry significantly lower price tags. According to the Boats Group Market Index of 2022, the average price in the United States for all new and used yachts measuring between 36 and 45 feet was $238,000 .

Smaller yachts, ranging from 25 to 30 feet, typically lack cabins and are considered day cruisers. Motor cruisers within this size bracket can cost anywhere from $70,000 for nearly new models to well over $100,000 for brand-new ones . Variations in engine size and layout complexity will impact prices, with premium finish and accommodations commanding higher costs. For instance, a new Ranger 29 (a pocket trawler) starts at over $350,000 .

Medium-Sized Yachts (40 to 70 feet):

Mid-sized yachts within the 40- to 70-foot range exhibit a price range extending from approximately $250,000 to over $4 million . This pricing spectrum hinges on size, model, finish, engines, additional features, and whether the yacht is new or used. The Boats Group Market Index 2022 reports that the average price of vessels measuring 46 to 55 feet in the United States was $467,899 , with 2,273 boats sold. The average price in the 56 to 79-foot category was $1.18 million, with 997 yachts sold in 2022 .

The cost of a yacht is substantially influenced by whether it is new or used. For instance, the base price of a new Viking 58 is $4.1 million, while a three-year-old model can be acquired for $3.5 million. A 10-year-old version may cost around $600,000 . For additional comparisons, one can explore new and used luxury yachts for sale.

Sailing Yachts:

Long before the advent of combustion engines, sailing yachts or sailboats have graced the world's oceans for centuries. While contemporary perspectives often equate boats with luxurious motor vessels, sailing boats maintain their distinct identity . When assessing the price of a sailing ship, factors such as size, age, and finishing details come into play, resulting in valuations ranging from $5,000 to several million dollars , with superyachts commanding even higher prices. The largest sailing yacht globally is Sailing Yacht A, measuring 470 feet and costing an estimated $600 million .

For larger sailing yachts, particularly those around 100 feet in length, a " rule of thumb " suggests an approximate cost of $1 million per every 3 feet. Consequently, a 100-foot yacht might carry a price tag of around $30 million. As one descends the length spectrum, smaller, used sailing boats may be available at a fraction of that cost . A 55-foot boat with a few years of sailing history may sell for approximately $700,000 , while a new one could easily exceed $2 million. For older sailing yachts ranging from 30 to 40 years in age and measuring 30 to 35 feet, prices could be as low as $25,000 , while brand-new counterparts may exceed $250,000 in cost.

🚨 Don't miss this:   Sleeping on a Boat

Luxury Yachts and Superyachts:

Superyachts rank among the most abundant vessels at sea and come with a substantial price tag. As mentioned previously, yachts measuring 78 feet (24 meters) or more are commonly categorized as superyachts, although the definition may extend to vessels exceeding 165 or 200 feet and even those over 300 feet. Operating such extensive vessels requires a full-time crew, significantly inflating overall expenses . According to some estimates, the cost of building a new, top-of-the-line custom superyacht can range up to $1 million per foot of length. Used superyachts command lower prices, with potential purchases of 10-year-old, 90-foot superyachts priced around $2.5 million . More recent models, less than five years old, tend to approach the $4 million range, while brand-new superyachts may cost around $9 million . Prospective buyers can explore listings for superyachts for sale worldwide.

Megayachts:

Upon entering the realm of megayachts, prices escalate in tandem with vessel length and interior volume. The largest megayacht globally, Azzam, measures 590 feet and boasts a construction cost of $600 million . Yachts in this class represent the pinnacle of luxury, offering features such as expansive swimming pools, helicopter pads, generous guest and crew accommodations, beach clubs, and much more. The upkeep costs for vessels of this size can surpass $20 million, encompassing crew fees, fuel, mooring expenses, insurance, provisions, and maintenance . To witness some of the world's most awe-inspiring superyachts and megayachts, one can refer to superyacht travel guides or search for megayachts for sale.

Final Thoughts: How Much Does a Yacht Cost?

In conclusion, understanding a yacht's cost entails considering various factors, including size, style, age, finishing details, and whether the vessel is new or used . These factors collectively determine the price range, extending from thousands of dollars to millions or even billions for the most extravagant superyachts and megayachts.

🆕 Fresh content:   What Should You Do to Avoid Colliding with Another Boat?

Was this page helpful?

Save my name, email, and website in this browser for the next time I comment.

• Articles and Guides

How Much Does a Yacht Cost?

11th jul 2023 by samantha wilson.

We hear the question, “How much does a yacht cost?” on a regular basis, and it’s a difficult one to answer. Much the same as with houses, the prices vary in a surprising way depending on size, style, age, and finish (not to mention location). We’re talking millions of dollars in price difference for yachts, as well, because there are yachts of many different sizes with all the same variations. But first, let’s tackle the more fundamental question, “What is a yacht?’

What Classifies as a Yacht?

To begin with, a yacht can be a sailing yacht or a motor-powered yacht. Merriam-Webster Dictionary defines it as “any of various recreational watercraft: such as a) a sailboat used for racing; b) a large usually motor-drive craft used for pleasure cruising.” Size is not technically part of the definition, but in modern practice, size has a whole lot to do with it.

Many in the industry classify a boat as a ‘yacht’ from 40 feet up to 70 feet, although there are others who will include vessels as short as 33 feet . Not too many years ago, yachts as small as 80 feet (24 meters) were considered superyachts, but with the proliferation of much larger yachts, 130 feet (40 meters) is a more common yardstick. Beyond that are megayachts, variously defined as beginning at 165 feet (50 meters) or 200 feet (60 meters). 

The point is, there are no hard-and-fast rules, and what may be one person’s pretty little 20-foot sailboat may be another’s luxury sailing yacht. And any shiny, private vessel 40 feet and up will be called a yacht by almost everyone.

While size is the main determining factor in labeling boats as yachts, amenities aboard also play a role. For example, yachts frequently have cabins and heads below allowing for overnight stays, as well as a galley, and plenty of deck space for leisure. 

The term ‘yacht’ has become synonymous with luxury, especially with the boom in huge superyachts across the world. But a yacht doesn’t have to be fancy. A sprightly 30-foot trawler yacht might look to some like a luxury palace, but Jeff Bezos and the guests aboard his brand new $500 million sailing yacht Koru would probably see it differently. 

Cost of Buying a Yacht

Looking for an average price across all types of yachts isn’t helpful either, with sizes of yachts varying from 30 to 300 feet. And that doesn’t take into account whether a boat is new or used.  Broadly speaking, in the United States you can often buy a small used sailing yacht for $15,000 or less, and you can expect that figure to go up to $50,000 or $100,000 for a small motor yacht. A larger motor yacht, or even a new 40-foot day boat, can easily run up to $1 million or more. Superyachts, of course, will cost multiple millions of dollars. 

Cost of Owning a Yacht

The cost of owning a yacht goes far beyond the initial purchase price, and even if you’re in the market for a small yacht, you’ll need to factor in the annual costs which include:

• Marina fees: These will vary depending on your location and the size of the boat. Expect to pay from $5,000 for a yacht at the smallest end of the scale up to tens of thousands for larger yachts.
• Insurance: As a general rule, you can expect to pay around 0.5 percent of the value of the boat annually. Check out our guide to boat insurance for more information. 
• Maintenance and repairs: As a rough estimation you can expect to spend around 10 percent of the value of the boat on upkeep each year. This might be lower if it’s a new yacht.
• Fuel: This will vary depending on how far you cruise and how large the yacht is.
• Crew: Yachts up to 70 or 80 feet often don’t require a crew, but the larger the yacht, the more crew it will need. Crew salaries range from $3,200 per month for junior crew to $10,500 per month for captains and chief engineers. In general, a yacht of 80 to 100 feet in size will require a crew of between two and eight, while yachts between 100 to 200 feet will require between 8 and 20 crew members.
• Depreciation: Brand new boats depreciate the most and the quickest, with most depreciating by 40 to 50 percent of their initial price over the first 8 to 10 years.

Read more about the Real Costs of Boat Ownership as well as Top Tips to Lower the Costs . 

Types of Yachts per Cost

When we talk about yachts and their values, we usually refer mostly to the length of the yacht as that tends to be the identifying factor, but the style, engine size, and finish also play a huge role in determining how much they cost. Here we take a look at the average price differences between new and used yachts in the United States at varying sizes. 

How much is a small yacht? (25 to 40 feet)

A small yacht around 40 feet (often referred to as a cabin cruiser) is often considered an entry-level yacht, but a big step up from much smaller day boats. These are likely to have cabins, heads, and a small galley, and most offer the chance to spend weekends onboard. Prices will vary widely depending on whether it’s a used or new boat, and depending on the model, finish, and engines. New and recent-model yachts around 38 to 40 feet may cost anywhere from $250,000 to over $1 million, while the price of older models is often substantially lower. The average price in the United States for all new and used yachts sold between 36 feet to 45 feet was $238,000 according to the Boats Group Market Index of 2022.

When we’re looking at smaller yachts around 25 to 30 feet , these are unlikely to have cabins and so are considered day cruisers. Motor cruisers between 25 and 30 feet range from $70,000 for an almost-new model to well over $100,000 for a brand new one. Of course, yachts with smaller engines and simpler layouts will have considerably lower price tags, but those with premium finish and accommodations may cost much more—for example, a new Ranger 29 (pocket trawler) starts at over $350,000. See our guide to the different types of boats for a better understanding of what is available and what might be right for you. 

How much is a medium-sized yacht? (40 to 70 feet)

Mid-sized yachts that fall within the 40- to 70 -foot category vary in price from around $250,000 to well beyond $4 million, a figure that depends on the size, model, finish, engines, and extras, as well as whether it’s a brand new boat or used. According to the Boats Group Market Index of 2022, the average yacht price in the United States of vessels 46 to 55 feet was $467,899 with 2,273 boats sold, while the average price for yachts in the 56 to 79 foot category was $1.18m with 997 sold in 2022. 

Yacht prices vary a lot depending on whether the yacht is new or used. As an example, the base price for a new Viking 58 is $4.1 million, a three-year-old model can be purchased for $3.5 million for, and a 10-year-old model for $600,000. Check out our new and used luxury yachts for sale on Rightboat for more comparisons. 

How much is a sailing yacht?

Long before the combustion engine was invented, yachts (or sailboats) graced our oceans for centuries. While these days we tend to think of yachts as the luxurious motor vessels that far outnumber their sailing counterparts, sailing yachts have their own class. As we’ve seen with motor yachts, the size, age, and finish of a sailing yacht will determine the price tag, with prices ranging from $5,000 to several million dollars—and much more for superyachts. The largest sailing yacht in the world is Sailing Yacht A , which cost an estimated $600 million and measures 470 feet in overall length. 

When referring to larger sailing yachts—and by larger we are talking about 100-foot yacht prices—there is a “rule of thumb” estimate of $1 million per 3 feet in length. So a 100-foot yacht may cost in the region of $30 million. But sliding back down the length ladder, it’s possible to pick up a small, used sailing yacht for a fraction of that. A 55-foot yacht that has been sailing for a few years may sell for around $700,000, whereas a new one could easily retail for $2 million or more. An older (30 to 40 years) sailing yacht of 30 to 35 feet might cost only about $25,000 while a brand new one might cost $250,000 and more. See what you can get for your money with our sailing yachts for sale on Rightboat. 

How much is a luxury yacht or superyacht?

Superyachts are some of the most luxurious vessels on the sea, and they don’t come cheap. As mentioned, yachts above 78 feet (24 meters) are accepted by many as superyachts; when they range up over 165 or 200 feet, some in the industry refer to them as megayachts. This term is still debated in some quarters, so you may hear yachts over 300 feet referred to as superyachts too.

Superyachts require a full time crew to manage them, and this adds considerably to the overall cost of running such a large vessel. Given that, how much does a superyacht cost? The costs vary, with some estimates of up to $1 million per foot of length to build a new top-of-the-line custom superyacht. Used superyachts will cost less than a new build, and you may be able to buy a 10-year-old, 90-foot superyacht for around $2.5 million—although most owners will engage in a significant and costly refit every 10 years. Models less than five years old will be closer to the $4 million mark, while a brand new one will cost around $9 million. Check out our listings for superyachts for sale all across the world. 

How much is a megayacht?

When we reach megayacht status, prices skyrocket along with the length of the vessels and the volume of the interiors. The largest megayacht in the world is currently Azzam, 590 feet long at a cost of $600 million to build. Yachts in this class are the most luxurious in the world, and feature large swimming pools, helicopter pads, huge guest and crew accommodations, beach clubs, and much more. The upkeep of vessels of this size can run to $20 million or more for the crew fees, fuel, mooring fees, insurance, food, and maintenance. If you want to set eyes on the world’s most astounding superyachts and megayachts check out our superyacht travel guide to where you might find them, or use our search to discover megayachts for sale . 

Written By: Samantha Wilson

Samantha Wilson has spent her entire life on and around boats, from tiny sailing dinghies all the way up to superyachts. She writes for many boating and yachting publications, top charter agencies, and some of the largest travel businesses in the industry, combining her knowledge and passion of boating, travel and writing to create topical, useful and engaging content.

More from: Samantha Wilson

Related Articles and Guides

6th Dec 2023

Boat Inspection Checklist: How to Inspect a Boat Before Buying

28th Nov 2023

Sea Trial: Costs, Checklist and More

1st Nov 2023

Types of Marine Surveys: Pre-Purchase, Condition and Damage Survey

27th Oct 2023

The Top 15 Questions You Should Ask When Buying a New or Used Boat

• Explore Rightboat
• Boats for Sale
• Boating Articles
• Buyers Guide
• About RightBoat
• Sell Your Boat
• Boat Selling Advice

Enter your email to keep up to date with the latest news

Join for free

Sign up now for free and discover how easy it is to keep up to date with THE latest boats for sale. Find your right boat, and tailor your voyage to finding your next boat.

Benefits of becoming a member:

• Set up tailored alerts
• Personalise your experience
• Download full specifications and broker details
• Keep tabs on your favourite boats

Are you a broker? Join as a Broker

Rightboat - join for free.

Do you have an account already? Login

Save this search

Save your search and receive new boats in your email..

You can unsubscribe from your alerts whenever you like. By pressing the button you accept the Legal Terms and conditions

• Pontoon Boats
• Personal Watercraft
• nauticalknowhow
• Nautical Knots
• Tools and Calculators

How Much is a Yacht?

As yachts range in size from about 33 feet at the very low end to as much as 400 feet and more, the average yacht price is not typically a good indicator of what most owners are going to pay. Based on data collected in the Boat Group market index, the average cost of a yacht in the 56′-79′ range for 2021 was $1.1 million in the US. We’ve compiled some examples below with prices gleaned from sites like Boat Trader and YachtWorld to provide a frame of reference for just how much you can expect to pay for a range of yachts based on length.

Average 40+ Foot Yacht Prices with Examples

Not everyone thinks a boat qualifies as a yacht at this size. Some people believe a yacht isn’t a yacht until it is over 60 feet but others are willing to go down as far as 33 feet. These vessels are often called cruisers rather than yachts. Yacht owners themselves even disagree here.

What you might consider a small yacht of under 40 feet would likely cost at least $200,000 to $500,000. The average price in 2021 for yachts that cut this through the middle, meaning yachts that ranged from 46 feet to 55 feet was just over $424,000. These are also considered entry level yachts for those interested in getting into the world of yachting. The average price for yachts that ranged from 36 feet to 45 feet was $213,436.

• In terms of examples, a 2005 Cruisers Yachts 420 Express that clocks in at 42 feet was going for $219,000 in 2022. 
• At the same time, a brand new 46 foot 2023 Cruisers Yacht 46 Cantius would cost $1,785,000.

As you can see, a newer yacht is definitely going to cost a lot more than an older yacht, but some older vessels do manage to hold onto their value if they have been kept in good condition over the years. Retrofits to keep up with technology and also repair or upgrade and features on the yacht can ensure the value stays competitive. 

Average 50 Foot Yacht Prices with Examples

Yachts from 50 to 60 feet may cost $500,000 to over $1 million. These larger yachts are typically not just day cruisers so a vessel of this size will have the features and capacity to keep you comfortably at sea for a few days. You should have a good sized cabin on a boat of this size and adequate features for cruising, sport fishing or more. 

• A 1993 50 foot Columbia Cutter sailing yacht came with a $129,000 price tag in 2022 which is a good deal below average but it’s also nearly 30 years old. 
• At the same time, a 55 foot 2021 Hinckley Talaria 55 MKII Flybridge had a price tag of $6,750,000 thanks to upgraded MAN 12V-1400 hp engines. So, at this size, the engines and features really can make all the difference to the tune of millions of dollars. 

Average 60 Foot Yacht Prices with Examples

At 60 feet and above we’re dealing with boats that meet nearly everyone’s definition of a yacht. By the same token, these are getting to the far end of what a typical individual owner could handle alone without a dedicated crew. Boats of this size typically have cabins to allow several guests to join you at sea, and more features to make the stay more comfortable, but the prices can start broaching the $5 million mark and higher.

• A 60 foot 2020 Cruisers Yachts Cantius went for $1.5 million in 2022 which, all things being equal, was a really good deal for a vessel that only had 380 hours of time at sea. 
• At the same time a 2019 68 foot 2019 Gunboat Highland Fling was going for $7,264,000. 

Average 70 Foot Yacht Prices with Examples

When you reach 70 feet it’s all but impossible to manage such a vessel without a crew and would probably be unsafe to try. For the cost, it’s also unlikely anyone would try. When you can afford a boat of this size, you can certainly afford to ensure she’s crewed properly. Yachts of this size will have cabins and crew quarters, likely for several guests. You may also find larger areas on the deck to entertain and relax. It’s not unreasonable for yachts of this size to reach $10 million. 

• A 77 foot 2019 Paul Mann convertible could set you back $9.6 million
• Far at the other end of the spectrum, a 1989 Maxi Maxi 72 foot Ocean Racer sailing yacht could be snagged for just shy of $130,000.

Average 80 Foot Yacht Prices with Examples

Once you reach 80 feet you absolutely must have a crewed vessel. You will likely have cabins for a good half dozen guests at this point or more. Prices for yachts of this size can easily top $10 million. The average price for yachts 80 feet and above in 2021 was $5.3 million.

• An 83 foot Versil Craft 26 yacht from 1984 can still set you back just under $250,000 at this price. 
• At the other end you can get a 2018 Merritt 86 convertible for $13,250,000. This is a custom yacht with room for 8 plus 2 crew in 5 staterooms.It features twin 2600hp MTU diesels, side thrusters, pop up TV, water purification systems, 4 heads, and much more to account for the price. 

Average 90 Foot Yacht Prices with Examples

At 90 feet we’re starting to get to the end of what people consider “normal” yachts and are encroaching on the superyacht. Not quite yet as most people consider a superyacht to be 120 feet or more, but this is definitely the outer range of yachting and really deep into the luxury type vessels. At this size you can find yachts that reach over $15 million though there are still relatively good deals to be found if you are looking for much older vessels.

• A brand new, 2024 Drettmann Bandido 100 boasts a price tag of just a few dollars shy of $16 million. 
• A 98 foot Benetti 100 from back in 1973 clocks in at a respectable $290,000.Except that it’s been completely gutted of engines and fixtures and everything so it’s basically just a hull. This goes to show just how expensive these boats truly are when you’re paying over a quarter of a million dollars for a 50 year old frame.

Average 100 Foot Yacht Prices with Examples

When you reach 100 feet even a used yacht that is a few years old will likely be over $5 million with prices for newer yachts reaching $50 million or more. Boats of this size under $1 million can be found but they are generally unfinished or gutted and in need of a retrofit. Some like a 1975 Supercraft Superyacht can be found for under $400,000 but the vessel is extremely old and a difficult sale which is why the relative bargain presents itself. 

• For an updated and ultra sleek 104 foot vessel, there’s a 2022 Gulf Craft Majesty 100 that will set you back $75 million.
• A 1990 Azimut 90 Europa that measures 101 feet has a price tag of $507,000 with the acknowledgement that it may also require some additional refits to the over 30 year old boat.

Super Yacht Prices with Examples

Above 120 feet you are now in the superyacht territory. Some would also break this down further with megayachts at 200 feet and gigayachts at 400 feet. Regardless of the size breakdown, these are massive vessels that often include very luxurious features like swimming pools, spas, tender garages, game rooms and a lot more. These must have a crew, often of dozens of people, in order to run smoothly. The yearly maintenance costs for these yachts can be staggering and sometimes can reach up to $10 million to $20 million and even more, just for the crew, fuel, yearly harbor fees, yacht insurance and additional costs. While that does seem like a lot of money, it’s somewhat tempered by the knowledge that any yacht owner who can afford a $400 million yacht can properly just as easily afford what are relatively small in comparison maintenance and upkeep costs.

• In 2022, Global Regal Yachting was offering a German built, 331-foot yacht to be built under the name Shatoosh and delivered in 42 months for a total price of $191.8 million. So you could have your own custom built mega yacht for just under $200 million, but it will take 3 and ½ years to get to you.
• On the smaller end, a 1984 Canados coming in at just 121 feet would cost you about $830,000 US. No word on the condition beyond “good.”

Is Every Yacht a Luxury Yacht?

Not every yacht on the water qualifies as a luxury yacht, despite the fact that the word yacht tends to make us think of luxury when we hear it. Part of the problem here is that the language and terminology really doesn’t have a set in stone meaning. What may be luxurious to some is not luxurious to others. But it’s safe to assume that if you have a 35 foot cruiser it will probably not be as luxurious as Jeff Bezos’ $500 million yacht or some of the other most expensive yachts in the world.

Features that tend to make a luxury yacht different from a normal yacht which can increase the price:

• Most luxury yachts are also super yachts (120 feet) or megayachts (200 feet) and even gigayachts which would be the biggest yachts in the world (400+ feet)
• A crew is needed to operate most luxury yachts
• Accommodations for multiple guests
• On board swimming pool
• Tender garage with water toys
• Jacuzzi tubs
• Dance floors/discos
• Multiple dining rooms

Because most of these features won’t exist on smaller “normal” yachts, they can cost a significantly lower amount of money. A yacht used for day cruising or sport fishing that’s 50 feet or under will not have any of this but, as we covered, can cost a fraction of what these larger and more luxurious yachts cost.

Luxury Yacht Charter Cost vs Purchase Price

For many people the prospect of buying a superyacht is quite unattainable, but there’s always the possibility of chartering a yacht. That said, a superyacht charter can still cost a large sum of money. Yacht rental costs, especially on an all inclusive yacht charter, can be steep. Some superyacht charters can cost about $150,000 per week. The world’s largest charter yacht, the Flying Fox, which was once believed to be Jeff Bezos’ yacht, charges a stunning $3.1 million per week as the yacht charter base price. That said, it’s believed the purchase price of that yacht was around $400 million as well so, arguably, chartering it is definitely cheaper if you’re just looking to get a feel for it. 

Chartered yachts come with crews who are being paid to make your stay better as well. If you own the yacht outright, you pay the crew and therefore decide everything they are going to do so there are no surprises there. 

When you charter a yacht, especially when you’re paying over $1 million per week, you can expect a crew that can provide the following services:

• Expert massage therapists and beauticians provide relaxation and associated services from massage to manicures, face masks, body treatments and hair styling as well.
• Personal trainers to assist you with workouts in the gym and around the yacht as you like.
• Trained chefs able to create unique dishes as well as recreate your custom ordered favorites at a moment’s notice. Many high end yachts will fly in ingredients if necessary. Many chefs on these yachts are the highest caliber in the world and run Michelin-starred restaurants.
• Use of that same helicopter to transport you and guests to and from the boat.
• The absolute coolest toys you can use on the water including jet skis, Flyboards, trampolines, slides and scuba diving .

Essentially a yacht charter price asks you to pay for a resort at the sea while the purchase price puts you in charge of the resort and all of the potential jobs that might come with it. For some that’s not a big deal, of course.

Sailing Yachts vs Motor Yachts

In general, expect a sailing yacht to cost less than a motor yacht, especially over the long term. Engines are a big expense on yachts so they can often take a huge chunk of your upfront price right there. Then, over time, the expense of running the yacht should be factored in as well and that’s where a motor yacht will continue to hit your wallet. The price of fuel will always add to the costs year over year, plus repairs and retrotfits. On some of the larger superyachts, fuel costs can reach well into the millions over time. 

The Bottom Line

The price of a yacht can range from under $200,000  at the low end of things with older or smaller yachts, all the way up to tens of millions of dollars. Jeff Bezos is believed to have spent $500 million on his yacht and the yacht known as the Eclipse is thought to have cost well over $1 billion.

The average yacht cost in 2021 was $1.1 million and that’s for yachts that range from 56 feet to 79 feet. Superyachts and other more luxurious vessels will cost significantly more. Just chartering a superyacht can cost millions of dollars per week, but at least then you get full VIP treatment with none of the administrative hang ups involved in running such a large and expensive vessel.

My grandfather first took me fishing when I was too young to actually hold up a rod on my own. As an avid camper, hiker, and nature enthusiast I'm always looking for a new adventure.

Categories : Yachts

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

More in Yachts

Lonian Yacht: An Insider's Guide

A Closer Look at the Madsummer Yacht

Your Insider’s Look at Steve Jobs’ Yacht Venus

Your Insider’s Guide to the Aviva Yacht

The People’s Poncho Review and Ratings 

Oru Lake Kayak Review

What Is A Gunwale?

131 of the Best Hawaiian Boat Names

167 Patriotic Boat Names

About boatsafe.

Established in 1998, BoatSafe is your independent guide into the world of boating, fishing, and watersports. We provide expert insights and detailed guides to help you find products tailored to your needs and budget.

Contact Boatsafe

• Address: 4021 West Walnut Street. Rogers, AR 72756
• Phone:  (479)339-4795
• Email: [email protected]

Site Navigation

• How We Test
• Corrections Policy
• Privacy Policy
• Terms & Conditions
• Editorial Policy
• Affiliate Disclosure

Our Reviews

All content is © Copyright 2024. All rights reserved.

• Deals Funded
• Deals in Process

Testimonials

How much does a yacht cost | ultimate breakdown guide.

 October 14, 2019

Complete guide to “How much does a yacht cost?” including superyachts and megayachts. Includes the cost of owning and operating a yacht. Yachts and superyachts are symbols of success. They appeal to wealthy individuals but are also extremely useful business assets. In this article, we’ll explore how much does a yacht cost. Also, we’ll answer how much does a superyacht cost and how much does a mega yacht cost. Then we’ll identify additional yacht costs such as fees and taxes. Next, we’ll give example breakdowns of the price of yacht and the price of a superyacht. Finally, we’ll explain how Assets America ® can help fund your transaction, and then answer frequently asked questions regarding the cost of yacht. Note that we’ll devote a separate article to yacht operation and maintenance costs. This article focuses on how much does it cost to buy a yacht.

How Much Does a Yacht Cost?

To know the context for how much does a yacht cost, we define some important terms.

Yacht Terms

• Yacht: A sailing or powered watercraft between 39 and 78 feet in length, accommodating up to 6 guests.
• Superyacht: A luxury yacht ranging in size from 78 to 200 feet in length, accommodating 6 to 12 guests.
• Megayacht: A luxury yacht greater than 200 feet long holding more than a dozen guests.
• Cabin Cruiser : A luxury powered boat between 23 and 38 feet in length.
• Day Sailing Yacht: Small yachts, often with a retractable keel, daggerboard , or centerboard and no cabin.
• Weekender Yacht: Medium-sized yachts, typically up to 31-feet long. Usually, they have lifting keels or twin keels allowing shallow-water operation for two-to-three-day journeys. Normally, weekender yachts have a simple cabin sleeping two to four passengers along with a small galley.
• Cruising Yacht: The most common private yacht, with good handling, onboard comfort, sufficient interior space, and capable performance. Typically, they have a teardrop-planform hull with a deep single-fin keel.
• Luxury Sailing Yacht: Larger yachts powered by wind and engines, with many luxury features.       Typically, yacht makers construct these boats with fiberglass hulls and plenty of automation, lighting, navigation aids, hot water, and more.
• Racing Yachts: Yachts optimized for fast sailing, with heavy and deep bulb keels, tall masts, and large sails.

Average Cost of Yacht

New yachts over 100-feet long have an average price of a yacht equal to $1 million per 3.3 feet in length. In other words, a 100-foot yacht will, on average, cost more than $30 million. Older yachts below 85 feet are less expensive. For example, an 84-foot yacht originally built in 2002 and renovated in 2015 sold for $1.45 million.

The average price of a yacht that is preowned, entry-level, and in the 30 to 35 foot range, is about $100,000.

How Assets America ® Can Help

Whether you need to borrow $20 million or $1 billion to acquire your yacht, Assets America ® can most assuredly help.  We can arrange short-term or long-term financing for the purchase or refit of yachts, superyachts and megayachts. We can provide financing much more rapidly than most typical funding sources do, and we can arrange financing even if your bank declines.  Call us today at 206-622-3000 for a confidential consultation, or simply fill out the below form and expect and prompt response!

Apply For Financing

How much does a superyacht cost.

Superyacht prices are high but variable. For example, the world’s most expensive superyacht (the History Supreme) has a price of $4.5 billion. And at only 100 feet, it is too small to qualify as a megayacht, even though it certainly has a mega-price! On the other hand, a world-famous golfer purchased a 155-foot superyacht for $20 million, a sweet deal. The average price of a superyacht is $275 million.

How Much Does a Megayacht Cost?

The most expensive megayacht, measuring in at 536 feet, cost $1.5 billion. A 1990, 344-foot megayacht can be yours for $210 million. So, the prices of megayachts can vary greatly. In other words, there is no clear answer to how much does a mega yacht cost.

Video:  Million Pound Mega Yachts for Sale – Documentary 2019

Additional Costs of a Yacht

A few states don’t have sales tax: Delaware, Montana, New Hampshire, Oregon — and to some extent Alaska. If you buy a yacht in any other state, you’ll owe state sales tax. On a $1 billion yacht purchase, a state like Texas with 6.25% sales tax will collect $62.5 million. You can buy a yacht in a state without sales tax and use it in another state. However, you will eventually have to pay a use tax. Florida caps yacht sales tax at $18,000, but California has no cap.

Municipalities that charge local sales tax could add a percentage point or two to your tax bill.

Most states also assess property taxes on yachts. Marinas may assess a tax on boat slips. Some states will refund fuel taxes on yachts since they don’t use roads.

Yachts with bathroom, eating, and sleeping facilities qualify as second homes. You can deduct the interest on the yacht’s mortgage, but national tax law caps the deduction at $750,000.

A yacht purchased for business purposes is a capital asset that you can depreciate. This would apply to a charter, rental, or fishing yacht that you use to generate income. If you buy a used business yacht for $1 million or less, it might qualify as Section 179 property. If so, you can deduct the full price in the year of purchase.

There are some minor fees you may have to pay when you acquire a boat. For example, you may have to register your yacht with the International Registry, which has fees of $550 to $1,500. Also, you may pay an annual tonnage tax, a ship radio station license fee, and certificate of insurance. Other fees include those for :

• An annual Maritime Security and Compliance fee
• Private Yacht Limited Charter Compliance Certificate
• Minimum Safe Manning Certificate
• Continuous Synopsis Record (CSR) Document
• Annual Yacht Service
• Intended Registration and Vessel Under Construction Registration

Cost Breakdown

When you want to know how much does a yacht cost, you need to know the cost factors. A yacht’s price directly ties to its construction costs, which include:

• Design: The design requires expertise in marine and mechanical engineering. For example, the designers must undertake many stability and hydrodynamic studies. Also, the design must be esthetically pleasing.
• Construction: It can take many months to construct a large yacht. You must factor in materials, equipment, and labor. Luxury-yacht buyers may want expensive and/or rare materials. One yacht, the infamous History Supreme, contains dinosaur fossils and meteorite stone! But less outlandish materials, such as fine woods and precious metals, still contribute to high construction costs.
• Engine: The number and power of yacht engines can greatly impact cost. Naturally, all things being equal, a sailing yacht should cost less than a comparable motor yacht. It requires huge power to propel a large megayacht, and an elaborate engine room to operate those engines.
• Interiors: Large yachts have many rooms, including galleys, heads, bedrooms, meeting rooms and more. In addition, electronics are important cost items.

FAQs — How Much Does a Yacht Cost?

How much does a 50-foot yacht cost.

A 50-foot yacht is a good candidate for weekend duty. A 2014 convertible sportfish costs just under $2 million. An example price of yacht (51-foot 2013 Azium Magellano 50) is $670,760. A 52-foot 2017 Carver C52 Command Bridge sells for $1,149,000.

What is the cost to build a yacht?

Mid-level yachts cost about $25 to $35 per pound to build. Higher-level-yachts have average construction costs pf $45 to $65 per pound. The top vessels built with exotic materials and hi-tech systems can cost $80/pound to build.

How much does a 60-foot yacht cost?

A 60-foot yacht is about the largest size that an owner operates. A new Hatteras M60 can easily cost around $3 million. However, you can get a 2007 60-foot Sunreef 62 for $735,000.

How much does a 100-foot yacht cost?

Superyachts in this range contain many amenities. You can buy a new 100-foot AB 100 for just over $8.8 million. But let’s face it, you can spend hundreds of millions on big yachts. Your only limits are your imagination and most importantly, of course, your wallet!

Related Articles

• Complete Guide to Yacht Financing
• Sale Leasebacks – Everything You Need to Know
• Yacht Builders – Ultimate Guide (Coming Soon)
• Yacht Interior Designers – Ultimate Guide (Coming Soon)

Recent Posts

• Commercial Equipment Leasing – Guide + Financing from $10 Million September 26, 2020
• Industrial Equipment Financing – Guide + Leasing from $10 Million September 18, 2020
• Heavy Construction Equipment Financing – Leasing from $10 Million September 14, 2020
• Opportunity Zones – Ultimate Investor’s Guide (2020) September 2, 2020
• Aircraft Appraisal The Ultimate Guide (Cost, Companies, Advice) August 10, 2020
• 5 Best Apartment REITs + Comprehensive Reviews (2020) August 8, 2020
• Multifamily Investing – 50 Expert Tips, Tricks and Hacks July 28, 2020
• How To Find Multifamily Properties – Ultimate Guide 2020 July 6, 2020
• Multifamily Industry – 2020 Market Report (Trends, Outlook, News) June 28, 2020
• FHA Multifamily – Step-By-Step Financing Guide June 20, 2020

Ronny was a pleasure to work with and is extremely knowledgeable. His hard work was never ending until the job was done. They handled a complex lease and guided us through entire process, including the paperwork. Not to mention a below market lease rate and more than all the features we needed in a site. We later used Assets America for a unique equipment financing deal where once again Ronny and team exceeded our expectations and our timeline. Thank you to Assets America for your highly professional service!

Great experience with Assets America. Fast turn around. Had a lender in place in 30 minutes looking to do the deal. Totally amazing. Highly recommend them to anyone looking for financing. Ronny is fantastic. Give them a call if the deal makes sense they can get it funded. Referring all our clients.

Assets America guided us every step of the way in finding and leasing our large industrial building with attached offices. They handled all of the complex lease negotiations and contractual paperwork. Ultimately, we received exactly the space we needed along with a lower than market per square foot pricing, lease length and end of term options we requested. In addition to the real estate lease, Assets America utilized their decades-long financial expertise to negotiate fantastic rates and terms on our large and very unique multimillion dollar equipment purchase/lease. We were thankful for how promptly and consistently they kept us informed and up to date on each step of our journey. They were always available to answer each and every one of our questions. Overall, they provided my team with a fantastic and highly professional service!

Assets America was responsible for arranging financing for two of my multi million dollar commercial projects. At the time of financing, it was extremely difficult to obtain bank financing for commercial real estate. Not only was Assets America successful, they were able to obtain an interest rate lower than going rates. The company is very capable, I would recommend Assets America to any company requiring commercial financing.

Assets America was incredibly helpful and professional in assisting us in purchasing our property. It was great to have such knowledgeable and super-experienced, licensed pros in our corner, pros upon which we could fully rely. They helped and successfully guided us to beat out 9 other competing offers! They were excellent at communicating with us at all times and they were extremely responsive. Having them on our team meant that we could always receive truthful, timely and accurate answers to our questions. We would most definitely utilize their services again and again for all of our real estate needs.

Assets America is a great company to work with. No hassles. Recommend them to everyone. Professional, fast response time and definitely gets the job done.

Ronny at Assets America has been invaluable to us and definitely is tops in his field. Great experience. Would refer them to all our business associates.

We were very pleased with Assets America’s expertise and prompt response to our inquiry. They were very straight forward with us and helped a great deal. We referred them to all our business associates.

I’ve worked with this company for decades. They are reputable, knowledgeable, and ethical with proven results. I highly recommend them to anyone needing commercial financing.

Ronny was incredibly adept and responsive – top-notch professional who arranged impressive term sheets.

Assets America helped us survive a very difficult time and we most definitely give them 5 stars!

Ronny was very friendly and though we were unable to make something happen at the moment he gave me some direction to go.

My business partner and I were looking to purchase a retail shopping center in southern California.  We sought out the services of Ronny, CFO of Assets America.  Ronny found us several commercial properties which met our desired needs.  We chose the property we liked best, and Ronny went to work. He negotiated very aggressively on our behalf. We came to terms with the Seller, entered into a purchase agreement and opened escrow.  Additionally, we needed 80 percent financing on our multimillion-dollar purchase.  Assets America also handled the commercial loan for us.  They were our One-Stop-Shop. They obtained fantastic, low, fixed rate insurance money for us.  So, Assets America handled both the sale and the loan for us and successfully closed our escrow within the time frame stated in the purchase agreement.  Ronny did and performed exactly as he said he would. Ronny and his company are true professionals.  In this day and age, it’s especially rare and wonderful to work with a person who actually does what he says he will do.  We recommend them to anyone needing any type of commercial real estate transaction and we further highly recommend them for any type of commercial financing.  They were diligent and forthright on both accounts and brought our deal to a successful closing.

Questionnaire

• Bottom Painting & Prop Speed
• Fiberglass & Paint Work
• Running Gear & Valves
• Full-Service Team
• Monthly Maintenance Programs
• Dockside Service Team
• Full-Service Boatyard
• Management Services
• Accounting & Reporting
• Relevant Management Experience
• News and Media

How Much Does It Cost to Own a Yacht?

How Much to Own a Yacht? When looking at the yacht’s cost of ownership, there are many different variables to consider when analyzing what the initial costs will be. The main one to consider would be the size of the vessel intended to purchase. Unlike with other types of vessels, how much does it cost to own a yacht cannot be calculated by multiplying the size by the average cost of a ship per foot. Yachts are different from any other type of boat, and their pricing reflects that. A 40 ft yacht could range from anywhere from $300,000, all the way up to over $800,000. While it is true that the cost of owning a 65-foot yacht would be more than that of a 40-footer, if the larger vessel is much older, then it could actually be far more affordable. The yacht’s cost of ownership may fluctuate, but a great way of finding the right fit would be to choose a specific year and adjust the sizing within that year to fit what you are willing to spend. 

Guide to the Cost to Maintain a Yacht When asking how much it costs to own a yacht, always be sure to include the pricing apart from the initial purchase. The cost to maintain a yacht can grow higher and higher as more and more things are required, and hiring a specialist for each and every service can grow expensive. When maintenance of the vessel is done this way it is estimated that it could cost anywhere from 15-25% of the initial purchasing price per year to maintain your yacht. Luckily, there is a way to make the cost of maintaining a yacht lower while also ensuring that you are getting better service while you’re at it. 

Our South Florida Yacht Management Services How much does it cost to own a yacht? When you team up with our team of experts, far less. Contact our team today to start lowering the cost of maintaining a yacht you own by stationing it at our Fort Lauderdale boatyard and keeping your yacht upkeep costs affordable. Also, be sure to read some of our other articles to learn more about all things yachting. 

Related Readings

• Choosing the Right Type of Boat
• Naming Your Yacht

For all inquiries, fill out the form below and a member of our team will respond as soon as possible

40ft Catamaran Models Comparisons

We compare specifications, dimensions, sail area, and pricing on the most popular 40ft catamarans in 2020.

Since 2016, Fountaine Pajot, Lagoon, Leopard, Bali, and Nautitech all rolled out new 40 ft catamaran models in a similar price range that are innovative, spacious, well-built, and comfortable. The latest model to be added to this 40ft array in 2020 is the Bali Catspace.

Bali has done away with the Bali 4.1 model and has designed the Bali Catspace with much improved and innovative features while Lagoon updated their popular L400 and redesigned it with the mast further back to accommodate a self-tacking jib, open scoops, and updated interior. The FP Lucia 40, released in 2016, has pretty much stayed the same, as has the Leopard 40. They are both very popular and successful cats. While the Nautitech Open 40 is a nice sporty sailing cat, it has not really taken hold in the US market with the aft helm stations.

These 40ft catamaran models are affordable and easily be handled by a coupled. It also has all the amenities suitable for a cruising boat such as an ice maker, washing machine, bigger fridge/freezer capacity, and big living spaces, which is very attractive for live-aboard cruising couples. 

The 40ft catamaran holds its value because it is in high demand on the used boat market. The 40ft catamaran size range just makes sense.

Read our previous 40ft comparison article for older models:  How Do The Most Popular 40-ft Production Catamarans Compare?

New 2020 40Ft Catamaran Comparison

The five main production catamaran contenders in 2020 for liveaboard couples are:

• BALI Catspace
• FP Lucia 40
• Nautitech 40 Open

40ft Catamaran Models Specifications

40ft Catamaran Deck & Flybridge Layout Comparison

40ft Catamaran Deck & Flybridge Layout Comparisons

40ft Catamaran Models Sail Plan Comparisons

40ft Catamaran Cabin Layouts Comparisons

3-cabin layout.

4-Cabin Layout

READER'S QUESTION ANSWERED: Andy asked: "Which Cat is the best value and what do you budget for upgrades that deliver an above average sailing and comfort experience?" 

The pricing for the different brands are generally in the same range since this a competitive space and the manufacturers have to make sure they are not priced out of the market. There are essentially no “bad catamarans”. Most are all built to recognized and enforced codes such as the European CE standard, so it comes down to personal preference. Some boats have Balsa cores and others have closed cell foam cores. Some have large nets, others have small nets and some have no nets.

All the forward deck designs are acceptable and safe, as we have now conclusively seen over the last five years. The current trend is smaller nets and larger foredeck areas for the most part on cruising cats. Performance cats all have nets and longer bows and are a different category to the production cruisers. Lagoon has the biggest living space, Bali has the best live-ability overall and FP and Leopard are very popular for couples with the semi-raised helm position but that too is a personal preference.

In terms of the extras or additional options, I normally recommend the following:

• The largest engine option available – this is important for your exit strategy especially in the US market and of course it is nice to have the extra power since the modern cats have quite a lot of windage.
• The best winch pack available
• All the cleats offered
• Mostly it is smart to take the code zero pack even if you do not order the sail immediately (Difficult and expensive to retro fit)
• Folding props – I really think that if you are going to do any extended cruising the last thing you want is to be dragging fixed props
• Air Conditioning if you want to have it
• Generator unless you are going to go Lithium with all the inverters and electronics to replace the generator.
• Solar – I normally take the factory option and then add aftermarket to increase the array
• If possible cable throttles and not electronic (If you are struck by lightning at least you can still control the engines if they still run)
• Electrically assisted davits at a minimum – your dinghy is your “car” so one needs to have an efficient handling system (we raise our dinghy every night for security)
• Watermaker is fantastic to have. It really makes life so much easier.
• Estelle will definitely opt for the washing machine – we never had one but since she’s had it onboard our Lagoon 450, she will not go without again.

Which Is Your Favorite 40ft Catamaran?

So many cruisers and liveaboard couples choose their dream boats from this new 40ft catamaran market. Which is your favorite catamaran and why? Leave your comment below!

Contact us for more information, price lists, specifications, and available charter management programs.

Estelle Cockcroft

Join our community.

Get the latest on catamaran news, sailing events, buying and selling tips, community happenings, webinars & seminars, and much more!

12 thoughts on “40ft Catamaran Models Comparisons”

Fabulous article and great comparisons, thank you. How do they sail? Is there any real difference?

HI Chrissy thank you! The performance of the boats are all very similar. They are all cruising cats, so not exactly rocket ships but totally adequate for a an average cruising couple. You could get a little more performance out of any of these boats depending on how aggressively you sail the boat and the type of sails you have. We race our boat and almost always end up in the top three boats.

Thank you for your article, I think we will go for the Catspace

Your welcome! I think you will be very happy with this choice. Only recommendation for any of these models, is upgrade the engines to 40hp.

In your opinion, which Cat is the the best value and what would you budget for upgrades that deliver an above average sailing and comfort experience? Obviously upgrades can be all over the map but you mentioned upgrading engine to 40hp – what else do you feel are almost ‘required’ upgrades? Thanks!

The pricing for the different brands are generally in the same range since this a competitive space and the manufacturers have to make sure they are not priced out of the market. There are essentially no bad catamarans, most are all built to recognized and enforced codes such as CE so it comes down to personal preference. Some boats have Balsa cores and other have closed cell foam cores, others have large nets, some have small nets and some have no nets, all designs are acceptable as we have now conclusively seen over the last five years.The trend is to smaller nets and larger foredeck areas for the most part. Performance boats all have nets and longer bows and are a different category to the production cruisers. Lagoon is good bang for your buck, Bali has the best liveability and space overall and FP and Leopard are very popular for couples because of the helm position.

In terms of the extras or additional options I normally recommend the following: The largest engine option available – this is important for your exit strategy especially in the US market and of course it is nice to have the extra power since the modern cats have quite a bot of windage. the best winch pack available All the cleats offered Mostly it is smart to take the code zero pack even if you do not order the sail immediately (Difficult and expensive to retro fit) Folding props – I really think that if you are going to do any extended cruising the last thing you want is to be dragging fixed props Air Conditioning if you want to have it Generator unless you are going to go Lithium with all the inverters and electronics to replace the generator. Solar – I normally take the factory option and then add aftermarket to increase the array If possible cable throttles and not electronic (If you are struck by lightning at least you can still control the engines if they still run) Electrically assisted davits at a minimum – your dinghy is your car so one needs to have an efficient handling system (we raise our dinghy every night for security) Watermaker is fantastic to have. It really makes life so much easier. Estelle will definitely opt for the washing machine – we never had one but since she’s ahd it onboard our Lagoon 450, she will not go without again.

This is a big subject and there are many opinions, I would be happy to discuss further -Stephen

We have a 2020 Leopard 40 Owners version. We love it. Just wish it carried a bit more fuel.

Hi Eugene, yes! The Leopards are very popular and we sell many of them. They are definitely a great bang for your buck. Thank you for your input!

The 40 Open has the longest WL, Largest Sail Area and has the lightest displacement… indicating it ‘should’ sail better than the others. Other than the helm position, what are the other differences (drawbacks?) you have observed or can comment on (if any)? It appears to be trying to straddle the ‘performance / cruiser’ designation… would you say it is successful?

Doug, yes you are correct however it is a displacement hull, just like the other cats in this category and while it may be a little lighter and have a bigger sailplan, it sails marginally faster, so that is not too much of a factor. In general they are nice boats but the living space is small and just like the new Excess range from Lagoon, the biggest drawback of these cats in our market is the helm position. The aft helm station have just never caught on, which is the reason that Catana and Outremer also moved their helm stations to the bulkhead rather than on the sterns.

Any chance on getting a 2024 update of the 40ft-ish Catamaran Models Comparison?

We will look into it for you

Leave a Comment Cancel Reply

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

Recent Posts

Annapolis Open House 2024

Join us at Pier 7 Marina located at 48 S River Rd South, Edgewater,

Paramount Business Jets Partners with Charter Agency!

The collaboration of Myst Yacht Charters and Paramount Business Jets offer you the most luxurious yachts

Texas Open House

Join us April 13 – 14 for our open house at our Texas office during the

First-Annual Virgin Islands Boating Exhibition (VIBE)

VIBE – It’s a Destination Boat Show! Join us May 10 – 12 at

For more than 30 years, we have been a part of the catamaran community and created Catamaran Guru™ to encourage and educate all the aspiring sailing out there. We understand the dream of traveling the world by catamaran and created a one-stop-shop to make that dream a reality for you.

• Stephen & Estelle
• Testimonials

Get Started

• Yacht Sales
• Used Yachts
• Charter Management
• Boat as Business Programs
• Seminars & Events

• Yachting for beginners
• Owning a yacht
• Motor Yachts
• Sailing Yacht
• Indian Ocean
• Mediterranean
• Buying or Selling a Yacht
• Yachting Events
• FAQ – Luxury Yacht Charter
• FAQ – Buying a Yacht
• FAQ – Sell your Yacht
• How Much Does It Cost To Charter A Luxury Yacht?
• All our Blog Post & News

How Much Does it (Really) Cost to Own a Yacht?

The true cost to own a yacht is an area of concern for many prospects of yacht ownership. And it should be.

Maintenance costs, exploitation costs, total cost compared to yacht charter, we detail in this article the expenses (especially the hidden ones) you have to consider before buying your first yacht !

We also provide you several solutions to lighten your investment and reduce the cost to own your yacht. 

If you are looking for the price of a yacht charter (rental), please read this article instead .

How much is a yacht?

Before diving into the expenses that comes monthly, yearly or every decades once you own a yacht, let’s answer the elephant in the room: How much is a yacht (alone) in the first place? The short answer is… it depends, of course. But in most cases, the longer the yacht, the higher is her selling price.

Generally speaking, you can expect to find yachts for sale in the following price ranges:

• Below 50ft (15m): between 500K – 2,500,000 € / USD
• Between 50-70ft (15-21m): between 2 millions and 6 millions € / USD ( See our 9 catamarans for sale under 6 millions here )
• Between 70-100ft (20-30m): between 6 millions and 20 millions € / USD
• Superyachts over 100ft (30m): minimum 10 millions € / USD

You can always find exceptions to the rule and find cheaper or more expensive yachts for sale outside of these price brackets.

A lot of factors come into the selling price of a yacht: supply and demand, brand / model reputation, age and condition of the vessel, urgency or lack of for the sale and so on.

What are the main hidden costs that come with yacht ownership?

You probably already guessed it, the cost of owning a yacht doesn’t stop at its purchase price . In some cases, the price you bought your yacht at can seem like a bargain, but it really isn’t once you start adding all the hidden costs, and many of them come yearly.

Here are the main ones you should be wary of.

Yacht exploitation and running costs : always calculate them carefully before buying your yacht

It always cost you money to exploit your yacht.

When you are chartering a yacht, a part of these operation costs is included in your APA (Advanced Provisionning Allowance) .

When you own a yacht, these costs still apply , but you will have to pay directly for them.

Among the main operation costs, the most important are usually the following:

• The fuel: its cost will depend on the type of boat, her fuel consumption, the region, and the distances traveled;
• The mooring fees which depends on the area but also on the boat size;
• The crew, if you need it. The cost will depend on the frequency and the crew’s size;
• The communication fees;
• The food and beverages supplies;
• All the expenses related to your leisure activities.

Yachts maintenance: a cost that you should definitely not overlook

Even outside of its operating period, it still costs you money to own your yacht!

Maintenance of your boat isn’t an option and must be done on an ongoing basis. The price vary depending on the type of yacht you are owning (motor, sail, etc…), the size of the vessel, but also how old she is.

The maintenance costs include :

• The regular maintenance of certain equipment, like engines, thrusters, sails, rigging, safety equipment, hull(s) (fairing)…;
• The occasional maintenance operations in case of breakdown or damage;
• The painting;
• The cleaning and the specialized maintenance products (for teak, leather, …). 

The costs of maintenance and upkeep will obviously not be the same if you do it yourself or if you call in specialists. But regardless, you should have a budget buffer dedicated to maintenance costs when you plan on buying a yacht, especially if she already had a long sailing life.

The taxes and insurance premiums of a yacht: a cost that most forget

Consider the different taxes (at the purchase and annual) and the yearly yacht insurance that you have to pay. A specialized insurance policy is generally estimated at between 0.8% and 1.2% of the boat’s purchase price per year.

Must Read : Yacht Insurance : The Definitive Owner’s Guide

Yearly harbor fees : a very important hidden cost of yacht ownership

The port and/or winterization fees are also a big part of yacht ownership costs that you should carefuly estimate.

Depending on your region, you may need to consider “dry-docking” your boat, which involves handling, transport, and storage which can be really expensive. 

If you can leave your yacht in the water all year round, you will need to go for a harbor ring concession.

Depending on the marina and its infrastructure, the region, and your boat’s size, the costs may considerably vary from a few hundred dollars to thousands of dollars a month . However, it is easy to obtain this information from marinas once you have chosen which yacht to purchase.

The depreciation’s price of a yacht

A yacht, like a car, will depreciate . It is difficult to estimate the depreciation, as it depends on economic conditions, exchange rates, price inflation when new, the type of boat, and the shipyard. 

However, it is reasonable to estimate a minimum depreciation of 10% in the first year, then 7% in the following years. From the fifth year on, the depreciation tends to slow down. On the other hand, the operating costs increase.

Summary of the main operating and maintenance costs of owning a yacht

So, to sum up, how much does it cost to own a yacht? It largely depends on your type of yacht and your location.

But in general, owning a yacht will cost you between 10-25% of its value annualy . The longer the yacht, the likelier you are to be at the end of the spectrum.

Here are the reasonable costs you could consider:

• 10% of its value annually for a 60ft (18m) / 1 million USD yacht and below (=max 100K / year)
• 20% of its value annually for a 100ft (30m) / 10 millions USD yacht and above (=min 2 millions / year)

These brackets of total costs include everything: usual yacht maintenance, upkeep and operating costs that will be distribued as follow:

• Communication
• Maintenance
• Insurance premiums
• Harbour fees
• Cost of depreciation

Are you worried? Do not. Luckily, there are numerous ways to decrease the overall cost of yacht ownership and still enjoy yachting as it should be. Read the next paragraphs to know these valuable tricks.

If you liked this article you will also like : HOW MUCH DOES IT COST TO CHARTER A YACHT?

How to reduce the cost of yacht ownership?

A yacht keeps on costing money even when not in use, so the best way to make it a more profitable investment is to increase its exploitation.

Renting your own yacht : a good way to reduce the costs of owning a boat

When you are not using the boat, you can earn income by renting it out. The rental price depends on the type and size of the boat, but also its location. While making money from renting is possible, don’t expect to pay back all your expenses. Nevertheless, it will help you in avoiding your yacht becoming a financial burden. 

The easiest way to do this is to hire a professional charter company to help you. If you go for a reputable and experienced company, you will benefit from their expertise and contacts. It will also save you from legal, insurance, and withdrawal issues and avoid red tape.

On the topic : Yacht to Charter : Can It Be Profitable?

Fractional yacht ownership: share the cost of owning a yacht with co-owners

Another solution to own a yacht at lower cost is fractional ownership of a boat , which means that you own a fraction of it. It can be half, a quarter, or even less. For a long time, boaters have been opting for this option of partial ownership with friends or family. These days some companies create formalized fractional ownership arrangements for more guarantees. 

For example, in partnership with the Windward Islands, SAILING RESORT proposes fractional boat ownership on the fabulous trimaran, the LEEN 72’. So you can become a co-owner of the new hybrid-powered multihull which can accommodate up to 10 passengers and 4 crew members. You will enjoy private use of the trimaran (depending on the period) from 6 to 12 weeks during the first 5 years.

This program proposes a profitable commercial operation with 24/7 premium service. It is a tailor-made solution for all those who want to feel like owners of a prestigious yacht for a few days a year while limiting their investment and responsibilities. WI manages the operation of the yacht for you out of your personal use, like the charter’s organization, maintenance, insurance, annual mooring, and all other administrative tasks.

Once you have weighed the pros and cons and have the means to finance both the purchase and the annual costs (maintenance, operation, …) of your yacht, you should go for it! Indeed, if you can evaluate the hidden costs and expenses of owning a boat, the freedom and unforgettable memories are priceless. 

Yacht Charter remains a cheaper alternative than yacht ownership in many cases

If you can’t enjoy your yacht frequently or are still unsure about whether it’s worth the cost or not to own a yacht, you might consider chartering instead. This will allow you to try out different models , from various shipyards, and see which ones you prefer.

Therefore, the cost of renting a yacht will save you from having to worry about all those hidden costs of owning one. All you have to do is pay for your charter, your cancellation insurance and set your APA during your stay. This way, you only pay money, time, and effort when you use the boat.

What is the (true) cost of chartering the yacht you've seen? 💰⛵

The advertised prices of all charter companies do not include APA, VAT & other variable costs. 

Use our calculator to get a 100% FREE estimate of the REAL total cost of your next yacht charter! ⬇

Read also : SUSTAINABLE YACHTING: HOW IS THE BOAT INDUSTRY BECOMING MORE ECO-FRIENDLY?

Frequently asked question

For a 60-foot or million-dollar yacht, the cost per year will be about 10% of its value or $100,000 per year.

You should expect to pay about 20% or more of the original price of your boat to run it annually. So, for a $10 million yacht, the cost to operate will be about $2 million per year, including fuel, insurance, dock fees, maintenance and repairs, crew, etc.

A 180-foot superyacht and/or mega yacht costs a minimum of $4.75 million per year to operate and maintain. Kitty McGowan of the US Superyacht Association estimates an annual budget of $1 million for maintenance and repairs, $350,000 for dockage, $240,000 for insurance, $400,000 for fuel, and $1.4 million for the crew. Add another 15-25% of the vessel’s value for V.A.T.

Once you have weighed the pro and cons, if you can afford the purchase and all the hidden annual expenses, have found your dreamed yacht, and have time to enjoy it, you should go for yacht ownership!

It is not the best way to make money, but you can minimize your annual expenses by renting it or opting for fractional boat ownership.

It’s hard to tell. As long as you have the money and enough time to enjoy it, it is worth owning a yacht! Everything cannot be estimated. For example, it will bring you invaluable freedom and happiness.

One of the easiest way to reduce the maintenance cost of a yacht is to fractional yacht ownership. That way, the maintenance expenses are spread among co-owners according to their shares.

It varies greatly depending on the size of the yacht. For a yacht of 60ft (18m), you will likely spend around 10% of its purchase value each year in maintenance and exploitation costs.

Luxury yachts have maintenance and operation costs that are around 10% of their value yearly. So if a yacht value is 2 millions USD, its maintenance and operations costs should be around 200K / year.

Operating a sailboat is usually 20-40% cheaper than the same size motoryacht. Motoryachts tend to be more expensive to operate than sailboats as the fuel consumption can become an important expenditure fast.

A small yacht below 50ft is usually for sale between 500K and 2,5 millions USD / €. A mid-size yacht between 50ft and 100ft is usually for sale between 2-15 millions USD / €. Above 100ft, the selling price is rarely below 10 millions USD / €.

What is a Yacht Club? Benefits & Features Explained

Buying a yacht : the frequently asked questions, you might also like.

What differentiates a yacht from a superyacht or a mega yacht?

Chartering Requirements and Regulations: A Guide for Boat Owners

What are the Fastest Cruising Catamaran on the Market?

• Search Used Yachts For Sale
• Search Boats By Brand
• Search Boats By Type
• Search By Location
• Search By Price
• What's My Boat Worth?
• Search Boats Just Listed
• Small Yachts
• Custom Sport Fishing Boats
• Finance A Boat
• Amer Yachts
• Aquitalia Yachts
• Cabo Yachts
• French Yachts
• Gulfstream Yachts
• Hatteras Yachts
• Shelter Island Yachts
• Solaris Yachts
• Sunpower Yachts
• Sunreef Yachts
• Vela Boatworks
• Virtus Yachts
• Why List With United?
• Why Own A Boat Or Yacht?
• Custom Website For Your Yacht
• United Sold Boats
• Buy A Yacht With Crypto
• Find a Yacht Broker Near Me
• Search For Broker By Name
• Meet The United Support Team
• Our History
• Fort Lauderdale Boat Show
• Stuart Boat Show
• Miami Boat Show
• Palm Beach Boat Show
• Other Boat Shows
• Yachting News
• Yacht Closing Services
• River Forest Yachting Centers

Search All Yachts

How much does it cost to own a yacht?

By Rob Bowman | Posted On Oct 28, 2019 Updated On Apr 16, 2024

Since we opened our doors in 2002, United Yacht Sales has worked with thousands of boaters who hold aspirations of owning a yacht. A yacht can mean different things to different people, especially when discussing the difference between intended use such as fishing, day boating, entertaining, and long-distance cruising. Just as there are many applications for how you plan to use your boat, there are also many boat builders working to design the perfect yacht to meet a specific niche in the marketplace. With nearly 1,000 transactions completed each year, United brokers commonly hear the same questions asked as new boaters begin their research into finding the perfect vessel. The yacht's purchase cost isn't the only expense though and other factors need to be considered.

What does it cost to own a yacht? "The cost of ownership for a 60-foot, $1 million yacht is going to be about 10% of its value, or $100,000 per year if it's over ten years old," said Peter Schmidt , Founder of United Yacht Sales. "You can pretty well estimate that for a later model boat of this size, in the Florida market, your general costs are going to be in that range. This would include things like routine maintenance, repairs, dockage, additional supplies, and the cost of either a professional captain or a yacht manager. If it's a newer boat, the annual costs will be less, however preventative maintenance is still very important."

If you're new to boating and this is your first yacht purchase, it makes sense to discuss these questions with your yacht broker:

• Where do you plan to keep your yacht?
• Are you going to run the boat yourself or will you need a captain?

How much does it cost to maintain a yacht?

• How much does it cost to fuel your yacht?
• Is buying a yacht a good investment?

The answers to these questions vary with many factors influencing the cost of each. Simply the location of where you plan to keep and use your yacht can raise or lower your monthly spend to keep your boat maintained in the best possible condition.

( Seen below: The below 2009 Viking 50 is an example of a sportfishing boat recently sold for approximately $1 million. Boat prices have continued to increase since 2020 and are just now beginning to stabilize. )

How much does it cost to store a yacht at a marina?

One of the first and most important questions to answer before you buy a yacht revolves around storage. If you own a water-front home with a dock big enough to safely store your yacht, the savings are substantial. However, if you plan on keeping your vessel at a marina, those costs need to be included in your annual budget. United Yacht broker Christopher Cooke  owns his own yacht management company and often helps his clients find a space at a marina. "The cost of keeping your yacht at a marina really varies by location," said Chris. "You are charged per foot, but that cost can change not only depending on what county you're in, but also how many amenities are at the marina."

"In Florida, the marinas in Martin County for example, can be half the cost of Miami-Dade," continued Christopher. "It really all depends on your boating plans, where you live, and how far you're willing to travel to be at your boat."

Sailfish Marina of Stuart is a popular yacht storage facility in Martin county that is the closest marina to the St. Lucie Inlet also with accommodations for a 60-foot and over boat. There is a fuel dock at the marina as well as a tackle shop.  If you purchase a slip for a full year on an annual contract, the cost is $20-$22 per foot of your "Length Overall" . This is important, because while some boats might be called a "60", they may very well be 62 feet in length and cost more. Additionally, if you want electricity, water, and waste removal, it can cost you an extra $175 per month for one 50amp line.

Just 40 miles to the south, in the heart of Palm Beach County, sits Palm Harbor Marina. With over 200 slips, some of which can accommodate a 250-foot superyacht and state-of-the-art Marinetek concrete floating docks, the cost is much higher. Using the same example of a 60-foot cruising yacht, the cost of storage is approximately $5,760 per month, along with a $500 per month utilities fee. "With a place like Palm Harbor Marina, boaters are paying for the amenities and the location," continued Chris. Palm Harbor Marina features a yacht club with a hospitality bar and media center, a complete fitness center, game room, deli, concierge, as well as being right next to the best restaurants and nightlife in Palm Beach.

(Seen below: A yacht is welcomed by the professional staff that includes golf cart service. Photo credit: Palm Harbor Marina website.)

"For a yacht that's 60-feet, later model year, and with average usage, you can expect to pay $60,000 per year in preventative maintenance costs ," said Cooke. "And by average use I mean 150-200 hours per year. But that's assuming nothing goes wrong and has to be replaced. Typically you're looking at $4 per foot to have someone dive it, another $4 per foot to have it washed regularly, and then another $1,000 or so to go through and do a full systems check. These costs can definitely vary though depending on the boat and location. Because of inflation with the price of materials and labor, these costs have really gone up over the last 2 years." 

The best advice Christopher has for boat owners of this size is to hire a yacht management company. Yacht Management companies often oversee anywhere from 10 to 50 boats at any one time, Christopher currently has 30. The yacht manager will ensure the boat is clean, all systems checked like transmission and generators, the running gear checked, oil changes are done, and that nothing is starting to fail. Preventative maintenance can save thousands of dollars in the long run of yacht ownership and will end up paying for itself. Many yacht owners have work or other hobbies that take their time away from being able to devote to the proper maintaining of their vessel. The result can be negligence in the upkeep of the boat, causing systems to fail, and end in more costly repair bills. If you're going to spend the money on a nice yacht, a yacht management company is a smart choice.

How much does it cost to insure a yacht?

Joshua Giordano of Global Marine Insurance Agency is no stranger to insuring boats from New York to Florida. In fact, In fact, with over 20 years in the marine industry Joshua offers a unique understanding of marine insurance as it pertains to personal watercraft, boats, and yachts. This knowledge and experience allows him to find the best boat & yacht insurance at the best price.

"We get asked all of the time how much it costs to insure a yacht and the answer is it really depends on where you live and keep the yacht," says Joshua. "For a 60-foot yacht in the Northeast, you're looking at between $6,000 and $8,000 per year for insurance. Come down to Florida and that same boat is going to be $10,000 to $12,000 to insure assuming it's for private use only. If you plan to put your vessel into a yacht charter program in Florida, then costs go up $14,000 per year."

(Seen below: A 62' Azimut Yacht in Florida, if kept at a marina, will likely cost about $10,000 per year in insurance.)

How much does it cost to fill a yacht with fuel?

Trying to budget your annual expense for fuel can be difficult. Not only do some yachts have larger fuel capacities, but their fuel burn and range can also vary. This also then dependent upon how much you use your boat and how hard you will be running the engines. Cruising at lower rpm's at around an 8-10 knot speed can mean better fuel efficiency with longer running times between trips to get more fuel.

Assuming your 60-foot yacht has a fuel capacity 1,200 gallons and with an average fuel price of $5.50, and it will cost $6,600 to fill up. For new boaters, it's really difficult to gauge how much fuel you might use in a year and only personal experience and time on the water can help narrow down that annual cost.

Fuel costs per location also can change depending on where you are boating. The Waterway Guide offers up-to-date pricing on fuel at major marinas through the United States. For example, diesel fuel in Jacksonville, Florida is currently ranging from $5.40 to $5.90 depending on which marina you stop at. In comparison, stopping for diesel in the Florida Keys will start at $4.90 and could be as high as $5.30 per gallon.

Can you finance a yacht?

Finacing a yacht is very common," says Shana White with OceanPoint Marine Lending. "There are many attractive programs out there that can be tailored to fit the bueyer's needs. The boat loan approval process usually takes between 24 and 48 hours to receive an answer." Things like your income-to-debt ratio, credit score, credit history, and asset verification all go into whether or not a bank will loan you the money for a yacht. A favorable rate for a yacht loan could be 4% in the current market with other possible discounts available. Check out our Boat Loan FAQ's page for more information.

Is owning a yacht a good investment?

Are Yachts Worth Buying?

Why Are Yachts So Expensive?

Can I Sell My Yacht Without A Broker?

What To Know When Buying A Boat

What is the best sport fishing boat?

How Much Should I Pay For A Yacht?

Owning a yacht is an investment in yourself, not a financial one. Boats depreciate in value, they cost money to maintain, and you will almost never sell it for more than what you paid for it. The memories you create with your friends and family on a yacht, however, are worth more than words can describe.  Peter Schmidt talks about why to own a yacht after more than 40 years in the business, "Owning a yacht is a good thing, one of the joys of life. Don't let anyone tell you otherwise. A yacht allows you to make memories you never dreamed possible!" Peter is also a current boat owner and has owned several throughout his life. His kids now own their boats and are teaching Peter's grandchildren the joys of being on the water. "I love boating and my kids love boating. It gets in your blood and gets passed down through the generations. There simply is no greater pastime than owning a boat. Yes, there are some inconveniences along the way with repairs, but the good far outweighs any temporary inconveniences." 

Peter suggests "speaking to a knowledgeable, professional, and experienced yacht broker near you about the costs of yacht ownership. If you don't have a relationship currently with a United Yacht broker, please give our main office a call at (772) 463-3131 and we will connect you with the best broker to service you based on your location and boating needs.

Interesting Boating Links

Worldwide yacht sales.

• Yacht Search By Location
• Cape Cod Boat Sales
• Yachts For Sale in Georgia
• Bahamas Boat Trader
• The Palm Beach Boat Show
• 15M Boat For Sale
• The Most Popular Yacht Brands
• South Jersey Yacht Sales Cape May NJ
• Boat Sales Massachusetts
• Yachts in Jacksonville Florida
• Sailboats For Sale Puerto Rico
• Used Boats For Sale in Alabama

Luxury Boats & Yachts

• Yachts For Sale by Price
• Sabre Yachts For Sale
• Yacht For Sale USA
• Yachts For Sale Houston
• 48 Ocean Yacht For Sale
• Used Center Console
• Cabo Yachts For Sale
• Viking Sportfish For Sale

Popular Builders & Models

• Expedition Yacht
• Aquila Boats For Sale
• Pursuit Boats
• Used Flybridge Power Boats For Sale
• Sports Cruiser
• Catamaran Sailboat For Sale
• Motor Yacht
• Albemarle For Sale
• Sea Ray 58 Sedan Bridge
• Bavaria Boats

Trending Brands & Types

• Riviera Boats For Sale
• Sport Fishing Boats For Sale
• Carver Yachts
• Liveaboard Boats For Sale
• Sea Ray Boats
• Mainship Boats For Sale
• 25 Contender For Sale
• Sunseeker Boats For Sale

SEND UYS A MESSAGE

Recent posts.

Apr 15, 2024

Apr 18, 2024

Aquitalia Yachts Names United Yacht Sales As North American Dealer

Apr 01, 2024

The Hot List - April 2024

Mar 25, 2024

What Is The Best Size Cruising Yacht?

How Much Do Sailboats Cost 2024? The Average Prices

The cost of a sailboat can vary greatly depending on a number of features, so it’s hard to give a definitive answer without knowing requirements.

Although it’s common to think sailing’s for the rich , that isn’t always the case. In fact, you can pick up project boats for as little as $1! This is unusual though, so what can you expect to pay?

To give a rough idea, a small, basic sailboat can start at around $10,000, while high-end, luxury boats can easily exceed $1 million.

Additionally, the cost of owning and maintaining a sailboat should also be considered. This can include expenses for docking fees, insurance, repairs and upgrades, and essential sailing gear and equipment.

As an Amazon Associate, we earn from qualifying purchases. We also earn from other affiliate programs. This means we may receive a small commission on products purchased through our links at no extra cost to you.

When we bought our sailboat four years ago we had no idea if we would like living aboard or how long we would want to cruise for. We knew we wanted a boat under 40ft so we could manage it as a crew of two (or even one if needs be), but bigger than 35ft so we had enough room to live comfortably.

Because we had a very small budget we knew we wouldn’t be able to afford a sailboat that was fully fitted out and ready to go, so we had to factor in upgrades and maintenance that we would complete ourselves as and when we could afford to.

We bought our 38ft sailboat for under £30,000, which was one of the cheapest sailboats that was ‘ready to sail’ in the size and age range at the time. Just like houses, sailboats go and up and down in price based on demand, and in today’s market it is much harder to find a boat like this in that price range.

So now that you have a bit of context, let’s dive into the factors that affect the cost of a sailboat and some average prices below.

‍W hat Factors Affect The Cost Of A Sailboat?

Before buying a sailboat you will want to consider many different factors, such as what you want your sailboat for, where you intend to sail it and how many crew you are likely to have onboard.

You will want to look at the existing equipment onboard and make a list of extras you will need to fit in order to make it meet your requirements. These extra costs can quickly add up! You should also factor in any maintenance that needs to be done before you start sailing.

Let’s take a look at some of the main factors that impact the price of a sailboat.

New or Used

This is an obvious one. Used sailboats are a lot cheaper than brand new versions. Sailboats are similar to cars and lose their value over time, no matter how much work you put into them. The most common opinion is that new sailboats lose their value on a bell curve, and you will make the most of your investment if you sell a new boat within four years.

Buying a much older boat is cheaper initially, but may cost you ten fold in maintenance and upgrades if it hasn’t been looked after well by the previous owner. You should always use a well regarded surveyor before buying a sailboat to make sure you are paying a fair price.

Larger sailboats typically cost more than smaller ones. You can buy a small used sailing dinghy for around £1000, which will be suitable for hobby sailing for a few hours on lakes or close to shore in calm weather. This is a great option if you’re keen to learn to sail on a small budget.

Here are a few price comparisons on new boats of different sizes.

Average Prices Of 22ft yachts

• Catalina 22 Sport:  $27,000 + VAT
• Marlow Hunter 22:  $30,000 + VAT
• Marblehead 22:  $84,000 + VAT

Average prices of 40ft – 45ft yachts

• Lagoon 40:  $400,000 + VAT
• Hanse 418:  $200,000 + VAT
• Ovni 445:  $600,000 + VAT

Monohull or Multihull

With two engines, two hulls and a lot more space multihulls fetch a premium. In recent years they have become more popular than ever, and therefore they are a lot more expensive both new and used than monohulls. They are also more expensive to upkeep and more expensive to run.

Well-known, high-end brands often come with a higher price tag. As you can see from the chart above, even sailboats of the same or very similar size can vary hugely in price. This is partly down to the reputation of the brand and boat manufacturer. If the boat has the reputation of being of excellent build quality then it will undoubtedly demand a higher price tag!

Additional amenities and technology can increase the cost. If you’re buying a new boat then it will likely come with all the essentials like depth souder and wind gauge (or this may be something you will need to add on as an extra). Used boats will come with whatever they come with, which may mean outdated or broken equipment, or none at all.

When we bought our used boat we drew up a spreadsheet of all the equipment we considered essential and we added missing equipment onto the cost of the sailboat, so that we knew how much extra we would have to spend after purchase.

Some things, like our sailboat watermaker , might not be essential to others but have changed our lives aboard.

Even things like our lithium marine batteries would now be on our ‘essentials’ list, as they are so power and cost effective compared to the alternatives.

⚡ We use BattleBorn batteries and recommend them highly. You can check them out here. ⚡

A used sailboat may be less expensive, but will almost certainly require more maintenance and upkeep. You can tackle a lot of boat maintenance yourself with the help of YouTube sailing channels and a decent sailboat toolkit , and this will keep costs down considerably.

‍‍‍‍‍‍ ‍‍Overall, it is important to carefully consider all factors and do thorough research before making a purchase decision for a sailboat

The Average Cost Of A New Cruising Sailboat

We’ve classed a cruising boat as one you could live on comfortably as a couple, so ranging from around 38ft to 50ft.

On average, a new cruising sailboat can cost anywhere from $100,000 to over $1 million . Some popular brands, such as Beneteau and Jeanneau, offer models in the $200,000 to $400,000 range.

Luxury cruising sailboats from well-known brands like Hanse or any catamarans can easily exceed $500,000.

Of course, the cost will also depend on the size and features of the boat. A smaller, basic cruising sailboat may be closer to $100,000 while larger boats with more amenities can easily surpass the million-dollar mark.

Keep in mind that these prices do not include additional expenses for maintenance and upkeep.‍‍

Here are some examples:

• Beneteau Oceanis 40.1 : $300,000 + VAT
• Jeanneau Sun Odyssey 410 : $400,000
• Amel 50:  $1,100,000 + VAT
• Hallberg Rassy 57:  £1,400,000  VAT

Used Cruising Sailboat Prices

The cost of a used cruising sailboat will depend on factors such as age, condition, and previous ownership.

A well-maintained, newer model used sailing boat can range from $50,000 to over $200,000. Older boats or those in need of repairs may be less expensive, but require more investment in upkeep and maintenance. You could pick up a used 38ft sailboat for around $40,000, though it will likely need some attention before it is ready to sail.

It is important to thoroughly inspect a used sailboat before purchasing and factor in potential repair costs. As with buying a new boat, the cost of owning and maintaining a used sailboat should also be considered. ‍‍‍‍‍‍ ‍‍

Overall, the price of a used cruising sailboat can vary greatly and it is hard to give an average price, but expect to pay around $50,000 to $100,000 and then extra for maintenance.

• Tayana 37:  $30,000-90,000
• Moody 44:  €60,000-100,000
• Lagoon 380:  $150,000-350,000
• Jeanneau Sun Odyssey 42:  $130,000-200,000
• Ovni 445:  $300,000-500,000
• Hans Christian 48:  $120,000-180,000

How Much Does A Small Sailboat Cost?

Small sailboats, also known as dinghies or day sailors, can range from around $10,000 to $50,000. This cost will depend on factors such as size, brand, and features.

Used small sailboats may be less expensive, but it is important to carefully consider the condition and potential repairs that may be needed. A well-maintained, newer model used dinghy or day sailor can range from $5,000 to $20,000. Again, small catamarans tend to be more expensive than monohulls.

In addition to the initial purchase cost, owning a small sailboat also includes expenses for storage, maintenance, and necessary gear and equipment.

• Hobie 16:  $11,000 + VAT
• Catalina 22 Sport:  $28,000 + VAT
• Catalina 22:  $3,000-22,000
• Cape Dory 25:  $2,000-10,000
• Catalina 27:  $4,000-15,000
• Bristol 27:  $3,000-10,000

How Do People Finance Sailboats?

Sailboats can be a major financial investment, and many people choose to finance their purchase through a loan from a bank or other lending institution. It is important to carefully consider the terms of the loan and make sure that monthly payments fit into one’s budget.

Some boat dealers may offer financing options or payment plans. However, it is important to thoroughly research these options and compare them with outside lenders before making a decision.

In some cases, people may also use savings or sell assets in order to pay for a sailboat.

In addition to the initial cost of purchasing a sailboat, it is important to also factor in expenses for maintenance, storage, insurance, and necessary gear and equipment. Owning a sailboat can be a rewarding experience, but it is important to carefully plan for all associated costs before making a financial commitment. ‍‍‍‍‍‍

You can find out the cost of owning a sailboat before you decide to buy, and don’t forget it is possible to make money living on a sailboat to keep the kitty topped up. ‍‍

Overall, the cost of owning a sailboat varies greatly and depends on personal preferences and budget. It is important to thoroughly research all financing options and consider the ongoing expenses before committing to a purchase.

How Much Does It Cost To Build A Sailboat?

The cost of building a sailboat can vary greatly depending on the size and complexity of the boat. Hiring a professional to build a custom sailboat can range from $50,000 to over $200,000.

Alternatively, some people may choose to build their own sailboat with materials and tools. This option can be less expensive, but also requires considerable time and effort. The cost of building a sailboat oneself will also depend on the materials used and any necessary equipment or hired help.

Overall, the cost of building a sailboat is quite personal based on budget, sailing needs, and willingness to DIY or hire professionals. Remember that if you choose to build the boat yourself you will need a covered space big enough to do so, and a way to transport it to water when you’re finished. All these costs can add up considerably!

Where Is The Cheapest Place To Buy A Sailboat?

Prices can vary by region and market demand. When we were first looking for a sailboat we realised they were a lot cheaper in the US. The only problem with buying there was that we wouldn’t have been able to get a visa long enough to give us time to work on the boat before leaving the country.

Another top tip is to look for sailboats in places that are ‘jump off points’. For example, many people will cross the Atlantic and sell after achieving their dream of crossing an ocean, or reach the beginning of a daunting ocean crossing like Panama to cross the Pacific, and realise it’s something they don’t have an appetite for. There are also cheaper boats in more remote, harder to get to places.

Some people may choose to purchase their sailboat in a different country or region in order to find a lower price, but it is important to factor in any necessary transportation and import fees.

Keep an eye on prices of boats around the world to get a good idea of where you can snap up the best bargain.

Conclusion: How Much Do Sailboats Cost?

All in all, the cost of a sailboat can vary greatly depending on factors such as size, age, and whether it is purchased or built. It is important to thoroughly consider all financing options and ongoing expenses before making a commitment to purchase or build a sailboat.

Find out how much new sails cost as an example of something you might have to budget for when purchasing a new sailboat.

Ultimately, owning a sailboat can be a rewarding experience but careful planning is necessary for successful budgeting and enjoyment. ‍‍‍‍‍‍If you’re looking for more sailing or liveaboard tips then follow us on social media to stay up to date with our latest articles.

Happy sailing!

Similar Posts

Crewing On A Sailboat: How Was It For You? Meet Jodie!

Why Are Sails Triangular?

Sailing With A Baby: Essential Guide 2024

Lewmar Delta Anchor Review On Our 38ft Sailboat

The 79 Most Inspiring Sailing Quotes

How To Make Cheap Fender Covers

• Search Search Hi! We’re Emily, Adam and Tiny Cat, liveaboard sailors travelling the world on our 38ft sailboat and writing about it as we go. We hope we can inspire you to live the life you’ve always dreamed, whether that’s exploring the world or living a more simple way of life in a tiny home. Find out more. Patreon
• Privacy Policy

• Cars, Jets & Yachts

How Much Does a Yacht Cost to Build?

The cost to build the world's largest superyachts is a closely guarded secret.

By Kim Ayling

The freedom that comes with owning your own yacht is unrivaled and, if you have the funds to do so, the joy of building your own is even better. However, with prices easily creeping up into the hundreds of millions, and even billions, we ask the all-important question: how much does a yacht cost to build?

Unsurprisingly, the total cost to build the world’s most famous yachts is a closely guarded secret, but there are a few fairly reliable estimations sailing around the industry. One standard way to work out how much a yacht will cost to build is price per gross weight. However, while this can be a helpful guide in valuing yachts, it doesn’t always correlate.

For example, it is thought that Lurssen’s 590-ft Azzam , which features a bulletproof owner’s cabin, an onboard golf practice suite and a submarine, cost in the region of $600m to build. At approximately 13,136 gross tons (GT), that would have made her around $45,676 per GT.

REV , on the other hand, which while still in construction is set to surpass Azzam as the largest yacht in the world at an impressive 602ft, is estimated to be costing around $350m to build. Her weight is thought to be around 17,440 GT, putting her at $20,069 per GT. Clearly, biggest doesn’t always mean most expensive. So what does affect the cost of a yacht build?

[See also: How Much Does it Cost to Charter a Yacht?]

REV is thought to be costing around $350m / ©REV Ocean

Custom vs pre-designed yachts

Firstly, you need to decide the kind of yacht you want: custom or pre-design. Naturally, a custom yacht build will be more expensive. But, for that extra cost, you will get full control over the design, the finish and everything in between.

The Ultimate Tenders to Pair With Your Superyacht

Sea Change: The Sunreef 88 Ultima Yacht

Four Seasons Yachts Announces its First Luxury Itineraries

A pre-designed yacht on the other hand will save you both money and time. This category of yacht is built based on an existing model, with finishing touches such as interiors, tenders and layout completed when she’s bought. Obviously, this leaves owners with a lot less freedom over their yacht, but it is considerably cheaper and can be delivered in a matter of months instead of years.

Choosing a yacht builder

The world of shipbuilding is dominated by a few key players. For a fully custom build, the likes of Lurssen, Feadship, Oceanco and Royal Huisman (among several others) rule the roost. With builders like this, you can expect to pay a higher price, but for that, you’ll receive years of experience, industry prestige, and cutting-edge technology and techniques.

The most prestigious shipyards will also inevitably have the most skilled team. The team involved in building a yacht is, to put it simply, vast. From start to finish, hundreds of pairs of hands will be involved in the process, with the key players including a yacht designer (interior and exterior), a naval architect and an engineer, as well as a huge team of skilled laborers. There will also be an owner representative working closely with the shipbuilder to ensure the project is delivered in time and to the buyer’s exacting standards.

Content from our partners

Sky High Gourmet: Qatar Executive’s Impressive Dining

The Best Family-friendly Vacation Destinations in Spain

W New York – Times Square: “We Do Things Differently”

The cost of your yacht build will of course include the wages of each of the experienced people involved in making it, so if you want the best, expect to pay for it.

[See also: Discovering the World’s Most Exciting Superyacht Concepts]

Viva by Dutch shipyard Feadship / ©Feadship

What affects the cost of building a yacht?

Naturally, a huge variety of factors will impact the total cost of building a yacht. Size is of course one of the main considerations, but materials are another key factor that will dramatically impact cost. Aluminum, for example, is favored for being an impressively lightweight hull material but ton for ton, it is far more expensive than steel.

Onboard technology will also see the final cost creep up rapidly. Demand for smart yacht technology, for example, is continuing to grow, with more owners wanting to replicate the ease of voice control tools that they enjoy in their home, onboard their yacht.

And things that we might take for granted on land such as high-speed WiFi become more complicated – and more expensive – on the water. Kitting your yacht out with a satellite dish can set you back anywhere up to $50,000 which while doesn’t sound much in the grand scheme of a multi-million-dollar ship build, is just one of many hidden costs.

How much do yacht toys and tenders cost?

The yacht itself is just the start of the story when it comes to working out costs. On top of the build, potential owners will need to kit out their boat with all the latest toys and tenders – from submarines to helicopters – which can add a serious amount to your total.

For example, a self-drive submersible by Triton Submarines , which will allow owners to see the underwater world in a completely new way, will start at around $15m. Similarly, while you can pick up a low-grade, second-hand tender for a few thousand dollars, a top-of-the-range option will easily creep into the millions.

Ultimately, the only way to work out exactly how much a yacht will cost to build is to make a serious inquiry with a broker, who will be able to connect you with a yacht builder. From here, you can collaboratively work together to ascertain your budget and exactly how much your perfect yacht will cost.

[See also: The Most Innovative Yachts of the 21st Century]

Oceanco, who made the sleek Esquel, is one of the best yacht builders in the world / ©Oceanco

Latest in Luxury

The explorer.

Thank you for subscribing to Elite Traveler.

The Real Cost of Buying & Owning a 50-Foot Yacht

A 50-foot yacht can be difficult to maneuver, especially in tight spaces and harsh weather, so you need to invest in proper training for yourself and your crew. You may also need to apply for special permits and licenses to operate in certain areas. These factors can add up quickly to the overall costs, so if you are determined to own a 50-foot yacht, here's the real cost of buying and owning one.

The total estimated upfront costs of buying a 50-foot yacht range from $458,000 to $692,000 and include the initial purchase price and other fees. There are also hidden costs that total $70,000–$300,000+ per year. For ongoing costs, the total estimated annual costs are $35,000–$85,000 per year.

Although costly, with proper budgeting, maintenance, and strategic planning, you can manage the costs of owning a yacht and still enjoy the lifestyle that comes with it. Let's look at some practical tips to help you manage the costs of owning a 50-foot yacht.

• A high-end luxury yacht may cost significantly more than a basic production yacht with standard features and finishes.
• A new yacht with low engine hours and minimal wear and tear may command a higher price than an older yacht.
• Hiring a surveyor can help you save money in the long run by identifying any potential problems before you purchase the yacht.
• Fuel costs can add up quickly, since a 50-foot yacht with twin diesel engines uses almost 20–30 gallons of fuel per hour.
• Winter storage can protect your yacht from the elements, and it can also add up to the overall cost of owning a yacht.

On this page:

Cost of buying & owning a 50-foot yacht, upfront costs of buying a 50-foot yacht, hidden costs of owning a 50-foot yacht, ongoing costs of owning a 50-foot yacht, tips for managing the costs of owning a 50-foot yacht.

When buying a 50-foot yacht, there are several costs to consider, such as upfront costs, hidden costs, and ongoing costs per year. Here's a rundown on the all-in cost:

In this section, we will break down these costs into sub-sections to give you a better idea of what you can expect.

The purchase price of a 50-foot yacht varies depending on the model

Different models of yachts may have different features, amenities, and capabilities, which can affect their value and appeal to buyers . A high-end luxury yacht with state-of-the-art technology, custom finishes, and top-of-the-line appliances may cost significantly more than a basic production yacht with standard features and finishes.

Similarly, a newer yacht with low engine hours and minimal wear and tear may command a higher price than an older yacht with more use and maintenance requirements. Yachts located in popular boating destinations or areas with high demand may be priced higher than those in less desirable locations.

Here are some examples of different yacht models, their amenities, and estimated prices:

Sales tax and registration fees

When you purchase a yacht, you will need to pay sales tax and registration fees. In some states, you may be able to avoid paying sales tax if you purchase the yacht in a different state and keep it there.

In Florida, the sales tax rate is 6% , but there is a cap of $18,000 on the amount of tax you will pay. So if you purchase a yacht for $500,000, you will only pay $18,000 in sales tax.

On the other hand, registration fees are the fees you need to pay to register your yacht with the state where you plan to operate it. The fees are typically used to fund marine programs, such as boating safety education, law enforcement, and conservation efforts.

Some states charge a flat fee, while others charge based on the length of the yacht. In some cases, the registration fees may also be based on the age or value of the yacht. These fees are typically renewed annually, and failure to renew your registration can result in penalties or fines.

Registration fees in Florida for a yacht over 110 feet in length can be as high as $4,000 per year. However, for a yacht under 16 feet in length, the registration fee is only $5 per year.

Survey and inspection costs

A survey and inspection is essentially a thorough examination of the yacht by a professional surveyor. The surveyor will inspect the vessel from top to bottom, looking for any issues or potential problems that could affect the yacht's seaworthiness or value. This includes checking the hull, deck, rigging, electrical systems, plumbing, and more.

For smaller yachts, the cost may be a few hundred dollars, while larger and more complex yachts could cost several thousand dollars.

By identifying any potential problems before you purchase the yacht, you can negotiate with the seller or even decide not to purchase the yacht altogether. In the long run, this can save you money and help ensure that you're making a sound investment.

Insurance and financing costs

Insurance rates can vary widely, but you can expect to pay a premium for coverage. The higher the value of the yacht, the higher the insurance premium will be.

As for financing, the interest rates for yacht loans are typically higher than those for home or car loans. This is because yachts are considered luxury items and are often seen as a higher-risk investment. The interest rate you'll be offered will depend on your credit score, income, and the amount of the loan you're seeking.

Aside from the upfront costs, there are also hidden costs beyond the initial purchase price. Here are some hidden costs you should be aware of:

Environmental and regulatory compliance

Owning a yacht also comes with environmental and regulatory compliance costs. You may need to pay for permits to dock your yacht in certain areas, or you may need to invest in equipment to comply with environmental regulations. These costs can add up quickly and may not be immediately apparent when you're considering purchasing a yacht.

Crew and staffing costs

If you plan to use your yacht frequently, you'll likely need to hire a crew to help you maintain and operate it. Crew and staffing costs can include salaries, benefits, and insurance, and can be a significant expense over time. Additionally, you may need to pay for crew training and certification , which can add to the overall cost of owning a yacht.

If you're looking for paid courses for your crew, here are 9 best sailing courses you might want to check out.

Costs of upgrades and customizations

While a 50-foot yacht may come equipped with many standard features, you may want to add additional amenities or customize the interior to your liking. These upgrades can be expensive and may not be covered by your initial purchase price.

Upgrades and customizations can range from relatively minor changes such as adding a new sound system or upgrading the navigation equipment, to more extensive modifications such as adding a new deck or completely redesigning the interior of the yacht. The cost of these upgrades will be based on the extent of the modifications and the materials and labor involved.

In this section, we will discuss the ongoing costs of owning a 50-foot yacht.

Maintenance and repair costs

Regular maintenance helps keep your yacht in good condition and prevents costly repairs. Some common maintenance and repair costs include:

• Engine maintenance
• Hull cleaning and painting
• Electrical and plumbing repairs
• Sail and rigging repairs: ( Here's an article on the cost of replacing a standing rigging )
• Interior and exterior cleaning

Docking and storage fees

Some common docking and storage fees include:

• Monthly slip rental fees: These fees cover the cost of renting a slip at a marina or dock for your yacht to be moored. Slip rental fees can range from a few hundred to several thousand dollars per month.
• Winter storage fees: During the off-season, many yacht owners choose to store their vessels on land to protect them from the elements. The cost of winter storage can range from a few hundred to several thousand dollars per season.
• Launch and haul-out fees: These fees cover the cost of launching your yacht into the water and hauling it out for maintenance or storage, and vary based on the location and the size of your yacht.
• Electricity and water fees: Many marinas charge additional fees for the use of electricity and water while your yacht is in the slip.

Fuel and operating costs

A 50-foot yacht typically has twin engines, which can be either gasoline or diesel. Diesel engines are generally more fuel-efficient and have a longer lifespan than gasoline engines, but they are also more expensive to purchase and maintain.

On average, a 50-foot yacht with twin diesel engines will use about 20-30 gallons of fuel per hour, while a gasoline-powered yacht will use about 40-50 gallons per hour.

Routine maintenance such as oil changes, filter replacements, and hull cleaning is part of the overall operating costs and will cost several thousand dollars per year. More significant repairs or upgrades, such as engine overhauls or electronics replacements, can cost tens of thousands of dollars.

Costs for insurance and maintenance reserves

Insurance can protect you from liability and damage to your yacht, while maintenance reserves can help cover unexpected repairs. Some common insurance and maintenance reserve costs include:

• Liability insurance
• Hull and machinery insurance
• Personal property insurance
• Emergency repairs and reserves

Here are some tips to help you manage the costs of owning a 50-foot yacht:

Create a budget and stick to it

Your budget should include all of the costs associated with owning and maintaining your yacht, including mooring fees, insurance, fuel, maintenance, and repairs. Try to plan for unexpected costs, such as emergency repairs or unexpected upgrades.

You should also plan ahead for seasonal expenses, such as winterizing your yacht when the boating season is over . By creating a budget and planning ahead, you can avoid surprises and ensure that you have the funds necessary to keep your yacht in top condition.

Do the basic maintenance and repairs by yourself

While there are some tasks that require a professional, such as engine repairs or electrical work, there are many things you can do yourself with a little knowledge and the right tools.

By doing your own maintenance and repairs, you can save money on labor costs and ensure that your yacht is always in top condition. You can also take pride in knowing that you are taking care of your investment and keeping it in great shape.

Consider sharing and chartering options

If you don't use your yacht all the time, you may want to consider sharing or chartering options as a way to offset the costs of ownership. Sharing your yacht with friends or family members can help split the costs of maintenance and repairs while chartering your yacht to others can help generate income.

There are many websites and companies that specialize in yacht sharing and chartering where you can find an option that works best for you. Just be sure to carefully vet anyone who will be using your yacht to ensure that they are responsible and will take good care of your investment.

Learn some selling and trading strategies

If you find that the costs of owning a 50-foot yacht are too high or you are ready to move on to something else, you may want to consider selling or trading your yacht. There are many strategies you can use to get the best price for your yacht, including working with a broker, advertising online, or attending boat shows.

If you are interested in trading your yacht for something else, perhaps carefully consider your options and work with a reputable dealer. By using these strategies, you can ensure that you get the best value for your investment and can move on to your next adventure with confidence.

Leave a comment

You may also like, cost of buying & owning a small yacht (detailed breakdown).

While some people may prioritize a slower, more eco-friendly, and more hands-on experience that they get from a sailing yacht, others may prefer a faster, more …

The Average Cost of Owning a Boat in Florida (4 Examples)

Average Cost of Buying & Owning a Catamaran (With 4 Examples)

2023 Cost Of Mediterranean Yacht (As Seen On Below Deck)

Average Cost of Buying & Owning a Yacht in Dubai (2023)

Own your first boat within a year on any budget.

A sailboat doesn't have to be expensive if you know what you're doing. If you want to learn how to make your sailing dream reality within a year, leave your email and I'll send you free updates . I don't like spam - I will only send helpful content.

Ready to Own Your First Boat?

Just tell us the best email address to send your tips to:

See Four Seasons' upcoming ultra-luxury cruise with a $350,000-a-week suite bigger than most homes

• Four Seasons says it will begin sailing an  ultra-luxury yacht cruise in January 2026.
• The 222-guest vessel would have 95 spacious suites and 11 dining options — but food wouldn't be free.
• The largest suite would have four floors and bedrooms, a spa, and a price of $350,000 per sailing.

Four Seasons plans to expand its high-end hotels and resorts portfolio with a luxury 222-guest cruise ship.

The company says the 95-suite vessel will debut in January 2026 and cost a minimum of $20,000 per weeklong sailing.

For that price, the luxury hospitality giant says travelers would enjoy a one-to-one guest-to-staff ratio and massive suites spanning as many as four floors. If all goes as planned, the 679-foot-long Four Seasons I could become one of the most expensive and opulent options in the cruise industry.

The ultra-plush 14-deck Four Seasons I is scheduled for 19 voyages in 2026 to more than 130 Caribbean and Mediterranean ports.

Reservations opened two weeks ago. Those interested can register to join a waitlist or book through a travel agent.

So far, "sales have been very encouraging, and the demand is exciting to see," Thatcher Brown, chief commercial officer and head of joint operations for Marc-Henry Cruise Holdings, told Business Insider in a statement. The company is a joint owner and operator of Four Seasons Yachts.

Renderings make the Four Seasons I look as opulent as the brand's land-based properties.

Four Seasons says its vessel will have 95 suites ranging from 537 to 9,975 square feet, some with three bedrooms.

The smallest suite starts at $19,700 for a five-night roundtrip voyage to Athens, Greece.

No windowless interior cabins here: Like other ultra-luxe cruises, the suites would all have terraces and floor-to-ceiling windows.

Customers could expect upscale amenities like a walk-in closet, down-filled duvets and pillows, and marble dual vanity bathrooms, per Four Seasons.

The most premium suites would also feature additional accommodations for "personal assistants," such as au pairs or security personnel.

Some options, like the 7,952-square-foot Loft Suite, could be adjoined with seven other cabins to accommodate up to 20 people.

Without connecting cabins, the Loft Suite would already have three bedrooms and bathrooms, a powder room, and a sauna.

Others, like the largest Funnel Suite, would have its own spa and kitchen.

Four Seasons says the 9,975-square-foot mansion, partially perched in the ship's glass-lined funnel , will span four floors, four bathrooms, three bedrooms, and three powder rooms.

Not to mention the private elevator, pool, and $350,000-a-voyage price tag.

Accommodations of this price and size are generally unheard of in the cruise industry.

Luxury operator Silversea says the largest suite on its upcoming 728-guest Silver Ray will be 1,324 square feet. Competitor Regent Seven Seas' new Seven Seas Grandeur debuted in 2023 with a more expansive six-guest 4,443-square-foot option.

Both suites' sizes and prices — Regent's starts at $42,000 per person for a total of $252,000 at maximum occupancy — would be stunted by Four Seasons' promise of a 9,975-square-foot, $350,000 floating mansion.

But cabins with six-digit prices aren't unheard of.

While not a luxury cruise line, Royal Caribbean's popular three-floor townhouse on the new Icon of the Seas is being booked at an average of $100,000 a week — although it's about four times smaller than Four Seasons' largest.

Royal Caribbean and other mass-market cruise lines are beloved, in part, for their unlimited complimentary food options.

Regent Seven Seas' all-inclusive fare also covers caviar, foie gras, and Champagne.

But don't expect any of these to be free on the Four Seasons I.

Breakfast would be complimentary. Lunch, dinner, and booze would not.

The vessel's 11 restaurants and lounges would be priced similarly to Four Seasons' on-land properties. (A dinner entrée at its resort on the Caribbean island of Nevis — also one of the ship's destinations — ranges from $34 to $163.)

The pricing structure may sound odd to most cruise traditionalists. (Hey, at least WiFi would be "free.")

But some of the ship's amenities could look familiar: Like most cruise liners, the Four Seasons I would have a pool, spa, and clubs for children and teens.

The company also promises a lounge and marina that will open onto the water, giving guests direct access to activities like snorkeling or windsurfing.

Four Seasons Yachts plans to take delivery of its $399 million vessel, now being built by famed Italian shipbuilder Fincantieri, in late 2025.

A second Fincantieri-built ship would join the hospitality company's fleet the following year. The next vessel would cost more than 400 million euros, about $429.2 million, Four Seasons says.

This isn’t Four Seasons' first foray into itinerary-based vacations.

The company has also found "tremendous success" in its private jet-based "cruises," Alejandro Reynal, the president and CEO of Four Seasons, told BI in a statement.

Its 2024 vacation-by-air itineraries started at $135,000 for a 16-day Asia tour. Demand has been growing, he said, "signaling that luxury travelers are looking for immersive, exclusive, end-to-end travel journeys that allow them to explore the world with their favorite brands."

But its new ultra-luxe cruise arm would be entering an increasingly crowded luxury market, soon to be dominated by like-minded hospitality giants.

High-end Aman Resorts and Orient Express plan to launch their own luxury cruises in 2027 and 2026, respectively.

Staying ahead of the competition, Ritz-Carlton debuted its first 149-suite Evrima yacht cruise in 2021, with a second 224-cabin ship scheduled to begin sailing later this year. Its least expensive itinerary is currently $5,100 per person for a six-night voyage from Barbados to Puerto Rico in early 2025.

Interested in a hotelier-owned vacation at sea but don't want to pay the luxury price tag? Margaritaville's cruise is an affordable $75 for two nights.

• Main content

Barndominium Costs: How Much Does it Cost to Build? [2024]

By: Author Michele Tripple

Posted on Last updated: April 1, 2024

When it comes to building a barndominium, the average cost is $65 to $160 per square foot. This equates to anywhere from $130,000 to $320,000 on average to build a barndominium that is 2,000 square feet.

You may be wondering why the range of building a barndominium can vary so drastically. This is because it largely depends on the size of the barndominium, the materials that you select, and the finishes that you choose for your home. Using a barndominium kit can help you drastically save on the costs when it comes to building your barndominium.

Page Contents

Barndominium Costs

When determining how big you want to build your barndominium, this chart can help you determine barndominium costs for several different sizes of barndominiums.

Square Feet

Average cost to build*.

$65,000-$160,000

$78,000-$192,000

$97,500-$240,000

$117,000-$288,000

$130,000-$320,000

$162,500-$400,000

$195,000-$480,000

$227,500-$560,000

$260,000-$640,000

$325,000-$800,000

*Prices do not include the cost of the property.

How Much Do Barndominium Plans Cost?

When you are getting ready to build your barndominium, you will need to account for the cost of barndominium plans.

Stock plans for a barndominium house, on average, cost anywhere from $1300.00 to $2000.00.

Custom barndominium plans can cost significantly more, ranging from $4500.00 to $6000.00.

The perfect solution to get a high-quality stock of barndominium plans is Barndominiumplans.com . Not only do they have a wide range of high-quality house plans, but they also cost below the average without sacrificing quality. They can even help you with custom-designed plans for much lower than the average custom barndominium plans.

Barndominium Plan Costs

Stock Barndominium Plans

Custom-Designed Barndominium Plans

Average Costs

$1300-$2000

$4500-$6000

When purchasing stock barndominium plans, you can expect them to come with the following features:

• Exterior Elevation
• Foundation Plan
• Electrical Plan
• Construction Details will include framing, wall selection, stair selection, etc.

When getting custom plans, you may also receive plans that include mechanical drawings, plumbing drawings, truss packages, and a materials list.

Barndominium Kit Prices

When determining the cost of a barndominium, you will want to look into using a barndominium kit. Not only does it allow you to build faster, but it also lowers the overall cost of the project.

Barndominium kits cost from $30.00 to $50.00 per square foot. The kits include the shell and typically on-site assembly.

You need to do all the site prep, lay your foundation, and do all utilities work and interior finishes on your own.

You will find that prefab kits cost about $20 to $30 per square foot. This will include plans and materials for exterior walls, roof trusses, metal siding, roofing, and trim.

Labor to assemble the kit on-site costs anywhere from $10-15.00 a square foot.

Barndominium Cost Calculator

When building a barndominium, you will have additional costs that you will need to plan for. These include the property, site prep, foundation, utilities, and exterior and interior finishes.

Using a barndominium cost calculator will help determine the costs that are involved with your barndominium build.

Exterior Costs Of A Barndominium 

The exterior of your barndominium is where most of the money for initial construction will go. Because of the unique design of these homes, you should spare no expense on the exterior. This way, you can be sure that your home will be solid and structurally sound. Exterior costs to consider include: 

• Pole barn shell 
• Land clearing 

How Much Does a Concrete Slab Cost?

You may be looking for the  cheapest way to build a concrete slab  for your barndominium. These concrete slab articles can help you determine the cost of your slab. 

• Cost of a 20×20 Concrete Slab
• Cost of a 20×40 Concrete Slab
• Cost of a 30X30 Concrete Slab
• Cost of a 30×40 Concrete Slab
• Cost of a 40×40 Concrete Slab
• Cost of a 40×60 concrete slab

Interior Costs 

Once your barndominium structure has been built, you will need to frame up the interior. This is where you will create the rooms and hallways that make up the layout of the home. The cost of doing this work will depend on how big the home is going to be and how many rooms there are. Interior costs include: 

• Framing 
• Electrical 
• barndominium Insulation  
• Furnishing 

Barndominium Costs by State

Every state has its own cost for building a home, and knowing which states are the most and least expensive can help you decide where you want to build and where would be best for your particular budget. The costs for each state in the U.S. are:

• Alabama  – $62-$154 per square foot 
• Alaska  – $80-$197 per square foot 
• Arizona  – $62-$154 per square foot 
• Arkansas  – $60-$149 per square foot 
• California  – $71-$174 per square foot 
• Colorado  – $66-$162 per square foot 
• Delaware  – $66-$163 per square foot 
• Florida  – $62-$152 per square foot 
• Georgia  – $62-$154 per square foot 
• Hawaii- $78-$192 per square foot
• Idaho  – $59-$146 per square foot 
• Illinois  – $68-$166 per square foot 
• Indiana  – $63-$155 per square foot 
• Iowa  – $63-$155 per square foot 
• Kansas  – $65-$160 per square foot 
• Kentucky  – $62-$154  per square foot 
• Louisiana  – $66-$163 per square foot 
• Maine  – $62-$152 per square foot 
• Maryland  – $66-$163 per square foot 
• Massachusetts  – $73-$179 per square foot 
• Michigan  – $66-$162 per square foot 
• Minnesota  – $64-$158 per square foot 
• Mississippi  – $61-$150 per square foot 
• Missouri  – $63-$155 per square foot 
• Montana  – $63-$155 per square foot 
• Nebraska  – $60-$147 per square foot 
• Nevada  – $66-$162 per square foot 
• New Hampshire  – $64-$158 per square foot 
• New Mexico  – $60-$147 per square foot 
• New York  – $69-$170 per square foot 
• North Carolina  – $62-$154 per square foot 
• North Dakota- $68-$166 per square foot
• Ohio  – $65-$160 per square foot 
• Oklahoma  – $62-$152 per square foot 
• Oregon  – $63-$152 per square foot 
• Pennsylvania  – $64-$158 per square foot 
• South Carolina  – $64-$158 per square foot 
• South Dakota  – $61-$150 per square foot 
• Tennessee  – $64-$157 per square foot 
• Texas  – $68-$168 per square foot
• Utah  – $63-$155 per square foot 
• Vermont  – $62-$152 per square foot 
• Virginia  – $62-$154 per square foot 
• Washington  – $65-$160 per square foot 
• West Virginia  – $62-$152 per square foot 
• Wisconsin  – $65-$158 per square foot 
• Wyoming  – $64-$158 per square foot 

Cost of Barndominium vs. House

A barndominium typically will cost less than a traditional home . You will find that with more elaborate barndominiums, you may start to pay just as much or more than you would with a traditional home.

Overall, barndominiums are more affordable than traditional homes, take less time to build, and are very durable and easy to maintain over time.

What Affects the Overall Cost of Building a Barndominium?

There are several factors that affect the overall cost of building a barndominium.

• Size : The larger the barndominium the more materials and labor that will be required.
• Location: Some locations are more expensive to build in. Materials are harder to get, labor costs are higher, land is more expensive, and building codes require more work than in other places.
• Design: The more complex the design you choose will increase the cost of your home.
• Labor: The cost of labor can vary significantly based on expertise as well as the region.
• Utilities and Services : The cost of adding utilities like water, electricity, sewage, and internet, especially in remote areas, can add to the overall expenses.
• Permits and Fees : The cost and requirements for building permits can vary by location and must be factored into the overall budget.
• Foundation Type : The choice between a slab, pier, or basement foundation can significantly affect the cost due to differences in materials and labor required.
• Insulation and HVAC : The quality of insulation and the type of heating and cooling systems chosen will impact costs, especially for energy efficiency.
• Exterior and Interior Finishes : The choice of exterior finishes (e.g., brick, siding, stucco) and interior finishes (e.g., flooring, cabinetry, countertops) can greatly vary in price.

By considering these factors, you can better estimate the cost of building a barndominium and make informed decisions that fit in with your budget and preferences.

Financing Options for Your Barndominium

With the right information Financing a barndominium  can be an easy process for potential barndominium owners.

Get started now and find the loan that is right for you.

Barndominium Financing Request

• Construction Loan
• Both Land and Construction Loan
• Adding Barndominium to Existing House (Renovation Loan)
• Less than $100K
• $100K-$300K
• $300K-$500K
• More than $1M
• Less than 550
• Greater than 720

How to Build A Barndominium

Building a barndominium can be done by following these steps:

• Find a piece of property and purchase.
• Buy barndominium stock plans or work with an architect to design custom plans.
• Find a barndominium builder / order a barndominium kit.
• Prep land for foundation.
• Pour foundation.
• Build barndominium exterior / build kit.
• Do plumbing, electrical sewer, HVAC
• Build interior walls, ceilings, doors, and trim.
• Prepare exterior features: decks, driveways, and landscape.

How to Get Started Building a Barndominium?

Getting started building a barndominium is sometimes the hardest part. Our barndominium program can help walk you through the entire building process. The barndominium program covers

• Buying Land
• Understanding Building Codes.
• Finalizing Floor Plans
• Getting the Right Loans
• Finding and Managing Subcontractors
• Planning the Building Time Table

Grab the Barndominium Program now!

All content and information on this website and/or newsletter including our programs, products, and/or services is for informational and educational purposes only, does not constitute professional advice of any kind, and does not establish any kind of professional-client relationship by your use of this website and/or newsletter. A professional-client relationship with you is only formed after we have expressly entered into a written agreement with you that you have signed including our fee structure and other terms to work with you in a specific matter. Although we strive to provide accurate general information, the information presented here is not a substitute for any kind of professional advice, and you should not rely solely on this information. Always consult a professional in the area for your particular needs and circumstances prior to making any professional, legal, financial, or tax-related decisions.

• Privacy Policy
• Terms & Conditions

How much does a home addition cost?

$125 – $250 average cost per square foot, $50,000 – $100,000 cost for 20' x 20' room addition.

Home addition cost per square foot

A home addition costs $125 to $250 per square foot total on average, depending on the type and features. A 20x20 room addition costs $50,000 to $100,000 , including labor and materials. The cost of a house addition depends on its location, size, complexity, and the quality of the finishes chosen.

House extension cost by type

When people think of a home addition, they often picture a room extension off the back of the house. However, a home addition can also involve converting an existing garage or attic space, or even adding a second story. The following table details the common addition types.

Room addition

The average cost per square foot for a room addition is $125 to $250 when adding a completely new room to your home instead of extending an existing room. Factors such as the type of room and the need for additional plumbing, fixtures, or cabinetry affect the final price. 

The common steps for a room addition include:

Planning: Work with an architect or designer to create detailed plans that comply with local building codes.

Permitting: Check with your local building department for permit requirements before you start any construction work.

Foundation & framing: Excavate and pour the foundation or install a concrete slab. Then, frame the new room with walls, floors, and a roof.

Utilities & systems: Extend electrical wiring and outlets, install lighting fixtures, and add HVAC systems as needed. If the addition includes a bath or kitchen, extend plumbing to the space.

Exterior finishes: Install windows, doors, siding, insulation, and roofing to match the existing structure.

Interior finishes: Complete drywall, finishing, painting, flooring, and trim. Add lighting outlets, switches, and fixtures.

Inspections: Ensure building code compliance by scheduling and passing inspections throughout construction.

Room extension cost

A bump-out addition costs $85 to $200 per square foot to extend an existing room and make it larger. Cantilevering a small bump-out from the existing foundation with no footings or foundation walls can save on costs.

ADU addition

An accessory dwelling unit (ADU) addition costs $100 to $300 for an in-law suite designed for full-time living. This attached, detached, or converted secondary living space includes a bedroom, kitchen, and bathroom.

Attic conversion

Converting an existing attic to a finished living space costs $50 to $150 per square foot . Converting the attic to a new primary suite with an en suite bathroom costs more than converting it to a guest bedroom or flex space.

Basement conversion

The cost of converting an unfinished basement is $30 to $50 per square foot to finish the space or $50 to $100 per square foot on average to create a fully livable home addition. Costs are higher if you need to excavate to dig and build an entire basement addition. 

Garage conversion

Converting a garage costs $50 to $200 per square foot to turn the garage into a functional home addition that serves as a secondary dwelling unit. Converting the garage into a flex space without plumbing is cheaper and faster.

Second-story addition

A second-story addition costs $200 to $500 per square foot , including finishing the space. This addition is costly due to the structural changes needed to support the increased weight on the home. Builders must modify the foundation, walls, and roof. Also, adding stairs may require higher engineer or architect fees.

Adding a second-story addition is more disruptive to the home and may require the family to leave the space during construction for safety.

Sunroom addition

A sunroom addition costs $100 to $350 per square foot on average, depending on if it's a 3-or 4-season room. An all-season or 4-season sunroom addition has insulation, electricity, and an HVAC system, while a 3-season sunroom addition is enclosed with glass but lacks insulation and an HVAC system.

Cost to add a room to a house

The cost to add a room to a house depends on the room type, size, and features of the space. A bedroom, flex, or family room costs less to build than a primary suite with multiple spaces and plumbing features.

Some common room addition sizes and costs include:

A 10x10 room addition costs $12,500 to $25,000 . This 100 square foot space is adequate for a child’s bedroom, a home office, a craft room, or a storage area.

A 12x12 room addition costs $18,000 to $36,000 . This 144 square foot space provides a roomier bedroom adequate for guests.

A 20x20 room addition costs $50,000 to $100,000 . The cost of a 400 square foot addition is much higher than adding a small bedroom, but is more than adequate for a family room, living room, or dining area.

Cost to add a bedroom to a house

The cost to add a bedroom ranges from $15,000 to $25,000 . Factors that affect construction costs include the size of the bedroom, if walls need to be moved or added, if plumbing must be relocated, and your selections for finishes like flooring, lighting, and trim.

Adding a primary suite costs $45,000 to $135,000 since the addition includes not only a large bedroom space but an additional bathroom as well.

With proper planning, adding a bedroom can increase home value and provide needed extra living space.

Home addition cost estimator

The cost of a home addition depends on many factors, including:

Addition size: Building a larger addition takes longer and requires more materials, increasing costs.

Complexity: The more complex the addition, the more you will spend on architectural or engineering fees and construction labor.

Zoning: Most areas regulate home additions and require permitting fees, impact fees, or other costs to meet local requirements.

Features: The more features you include, the higher your building costs. Most additions require electricity and HVAC, while others also require plumbing, which adds to the costs.

Interior finishes: High-end fixtures and finishes will increase the cost of the home addition. Granite counters, stainless steel appliances, and hardwood floors are common high-cost upgrades.

Permits & construction delays: The permitting process, bad weather, or material shortages can cause construction delays, resulting in higher costs.

Planning and site prep

Before you can build a home addition, you’ll most likely need to hire an architect or engineer to help design and plan your addition. If you are extending the home’s foundation, you will also need to prepare the site for construction. The following table details common costs related to planning and site prep.

Check local zoning regulations and building codes before beginning any home addition.

Home addition FAQs

What is a home addition.

A home addition is the expansion of a residential property by adding new living space or rooms. The addition can be a bump-out room extension, a new room or second story, or a converted garage, attic, or basement. 

Does a home addition increase property value?

Yes, any home addition that increases the square footage of your home should increase the property value. Depending on the type of addition, you can expect to recoup about 60% to 80% of the cost of the addition when you sell the home.

How can I finance a home addition?

You can finance a home addition in several ways, including:

Home equity loans: This bank loan allows you to borrow a lump sum of money using your home's equity as collateral.

Home equity line of credit (HELOC): Rather than borrowing a lump sum, this revolving credit line allows you to borrow against the equity in your home as needed.

Cash-out refinances: Refinancing your mortgage involves taking out a new loan for more than your current mortgage balance. The lender pays the difference in cash, which can pay for home improvements.

Personal loans: Unsecured personal loans do not require collateral but have higher interest rates than secured loans. The loan approval and interest rate depend upon your creditworthiness.

Credit cards: For smaller home additions, consider using a low-interest-rate credit card and pay it off quickly.

How can I save on a home addition?

To save on the cost of a home addition, consider the following suggestions:

Choose a simple plan with limited features to keep costs down.

Build the smallest addition that meets your needs and local regulations.

Try to convert an existing space like a basement, garage, or attic, which costs less than building an entirely new space.

Do simple tasks like painting and interior finishing yourself to save on professional labor.

Choose cost-effective building materials and finishes when possible.

Getting estimates from home addition contractors

If you are considering a home addition, first check to see what type of addition your city zoning regulations allow. Then, follow these suggestions to get the best home addition contractor near you.

Compare several estimates with the same addition size, materials, and features.

Check out recent reviews for home addition builders on HomeGuide and Google.

Pick a contractor experienced in the specific type of home addition you want.

Ask to visit a job site to see their construction work in progress.

Request an itemized, written contract in case of disputes.

Ask your contractors about their preferred lenders for easier financing.

Avoid large upfront payments. Never pay in full or in cash.

Questions to ask a home addition builder

Ask these important questions to narrow down the list of contractors for your home addition project:

How many years have you been building home additions?

How many home additions did you complete within the last year?

Do you offer design help for creating a floor plan for the addition?

Do you have a list of references from past clients, along with their contact details?

Do you have a portfolio of your past home addition projects?

Do you have a recent home addition project I can visit to see the work quality?

Do you have the necessary licenses, insurance, and bonds?

What are my options for where to build an addition to my home?

How much will the home addition cost?

Are there any ways we can get the cost down?

How long will the home addition take?

Who will serve as my project coordinator?

Do you use your own crew, or do you subcontract the work?

Using our proprietary cost database, in-depth research, and collaboration with industry experts, we deliver accurate, up-to-date pricing and insights you can trust, every time.

How Much Do Quartz Countertops Cost? Everything You Need to Know

Attractive and waterproof, quartz countertops maintain your home's value both while you own the home and when it comes time to sell. The cost of quartz countertops ranges from $2,120 to $5,960. The average cost of quartz countertops in a kitchen is about $4,040, for 40 square feet of quartz countertop.

Quartz Countertop Cost Per Square Foot

Quartz countertops , as with other kitchen and bath surface materials like granite and laminate, are priced on a per-square-foot basis. Pricing by the square foot allows for cost flexibility if the size of the project changes. 

Quartz countertops start at around $53 per square foot on up to $149 per square foot. The average cost to install quartz countertops is a little over $100 per square foot.

Quartz Countertop Cost Factors

Factors that affect the cost of quartz countertops are generally related to design—brand, type, and colors—or to fabrication and installation, such as removing the old countertop, edge treatments, and making cutouts for sinks and faucets.

Edge Treatments

Square or eased (slightly rounded) edges might be included in the cost of the countertops. Speciality countertop edges such as bullnose, beveled, mitered, cove, or waterfall will cost extra. 

Countertop edges are priced per linear foot. While some edge styles may cost more or less than others, edge treatments collectively start at around $14.50 per linear foot and go up to $65 per linear foot. The average cost of quartz countertop edge treatments is $39.75 per linear foot.

When estimating the cost of quartz countertop edges, remember to include the sides of the counters. Countertop hang is ordinarily 1-1/4-inch, with a total countertop depth of 25 inches.

Corner Treatments

Quartz countertop corners can be a continuation of the two adjacent edge treatments or they can be fabricated separately. Separate quartz countertop corners cost from $27.50 to $150 per corner. On average, a specialty countertop corner will cost $89 each.

Quartz countertop colors are particular to each countertop manufacturer, going under different brand names and with variations of visual texture.

• Concrete : Gray quartz countertop with the rustic appearance of concrete runs between $50 and $80 per square foot.
• White : White quartz countertop that looks like Calacatta marble costs from $50 to $80 per square foot.
• Brown : Brown quartz countertop with granite-like speckles costs from $60 to $80 per square foot.

Countertop Removal

In kitchen or bathroom remodels, the old countertop must be removed to make way for the new quartz countertop. Countertop removal includes safe removal without damage to the cabinets, detachment of sinks and cooktops, and disposal of the countertop.

Expect to pay from $5.75 to $14.50 per square foot to remove the old countertop, for an average of just above $10 per square foot.

Sink Cutouts

Sink cutouts are one of the more important cost factors that homeowners encounter because most kitchen and bathroom counters have one or more. 

Quartz countertop sheet material comes as large slabs 120 inches long by 63 inches wide, so it's the job of the fabricator to cut the quartz down to size and to create cutouts where they are needed.

Sink cutouts in quartz countertops cost from $200 to $500 per cut out, or an average of $350 per cut out.

Faucet Cutouts

Sink faucets can come up through the sink apron, thus requiring no cut-outs in the countertop. If an undermount sink is chosen, the faucet must come through the countertop. 

Faucet holes cost about $20 per hole. An average kitchen sink faucet has three holes.

Sink Installation

Installing an undermount kitchen sink in a quartz countertop costs about $500, including the sink and labor charges.

Quartz Countertops Cost by Brand

From legacy products like Caesarstone to newer offerings like Corian Quartz, the brand of the quartz material is a cost factor.

Caesarstone

Founded in 1987, Caesarstone is the original quartz surface manufacturer, the one that developed the material in the first place. Caesarstone quartz countertops cost from from $56 to $171 per square foot.

Producing quartz countertops since 2000, this Eden Praire, Minnesota company is still family-owned. Cambria countertops are made in the U.S., and Cambria observes sustainable mining and manufacturing practices. Cambria quartz countertops cost from $61 to $122 per square foot.

Corian is familiar to many as the producer of solid surface kitchen and bath material. Corian also has a quartz countertop offering, Corian Quartz. Corian Quartz costs from $60 to $117 per square foot.

Quartz Countertop vs. Other Materials

*Based on 20 linear feet (or 40 square feet) of countertop

Quartz countertops cost up to $149 per square foot, installed, a price comparable with sintered stone and slab granite countertops. 

Quartz and sintered stone countertops are hard, solid, and waterproof, so there is no need to apply sealant on a regular basis. Slab granite is hard and solid, too, but it requires regular reapplication of sealant.

Laminate countertops are not as durable as quartz counters and are prone to scratching. Three to four times less expensive than quartz, laminate counters are a cost-saving alternative for tighter budgets.

Pros and Cons of Quartz Countertops

Scratch resistance

Dulls knives

Thermal damage

Quartz countertops are known for their stone-like durability and scratch resistance. On top of that, quartz countertops never need sealing, as do granite counters. This near-waterproof lack of porosity means that quartz countertops resist stains well.

But this superior scratch resistance also means that quartz countertops are harsh on knives, quickly dulling them. Rapid changes in temperature can damage quartz countertops. At around 20 to 25 pounds per square foot, quartz countertop material is very heavy and must be adequately supported.

DIY vs. Professional Installation

Due to the level of skill required to fabricate and install quartz countertops, along with the high cost of the product, do-it-yourself installation is generally not recommended.

Countertop technicians use professional-grade equipment such as manual wet circular saws with diamond-tipped blades that would need to be rented by a do-it-yourselfer. Difficult plunge cuts need to be made for the sink cutout.

Given rental costs and the possibility of damaging an expensive slab of material, it's best to hire a professional to install your quartz countertop.

Labor Cost to Install a Quartz Countertop

Quartz countertop fabrication and installation is a skilled trade. When a retailer or design house quotes a price for quartz countertop installation, the price typically includes the material and labor costs. 

Generally, per-hour labor costs to install quartz countertops begin at $20 per hour and range up to $51 per hour. The average labor cost to install quartz countertops is around $36 to $40 per hour.

Frequently Asked Questions

Which is more expensive, granite or quartz?

Quartz countertops tend to be more expensive than granite countertops.

How much does 30 square feet of quartz countertop cost?

The cost of 30 square feet of quartz countertop is about $3,000. Depending on various cost factors, the cost of 30 square feet of quartz countertop may be anywhere from $1,590 to $4,470.

Read Next: How Much Do Granite Countertops Cost?

Read the original article on The Spruce .