What if I told you it was cheaper to cruise the oceans of the world then it is to live in a modest Assisted Living Facility?
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Could Cruise Ship Living be for you?
Cruise ship living might just be an attractive alternative for seniors because, in many cases, the costs of cruising are lower than costs of an assisted living facility. Average costs for an assisted living facility, as of 2017, are around $3,750 per month, according to the Genworth Cost of Care survey . This is around $45,000 annually. The nightly cost of a cruise, on the other hand, averages around $100 per night or less.
A 12-night cruise of the Southern Caribbean, available for an average cost of $779 per person, is just $65 per night. For a senior couple traveling together, discounts of 50% for the second passenger lower combined costs dramatically. Senior discounts, points for frequent cruising, and booking with a rewards credit card keep costs down even further, especially if you opt out of pricey extras like alcoholic drinks or shore excursions .
Not all ships allow full-time residents onboard, but many cruise lines make accommodations for seniors who want to become long-term passengers and remain on the same ship for months or even years at a time . There are also options like Oceania's Around the World Voyage, which is a 180-day cruise happening annually from January to July. For seniors looking for the very best prices, moving from ship-to-ship to see different areas of the world allows for extra adventure at an especially affordable cost. If you book cruises leaving from the same departure ports, you'll keep transportation costs low.
While this makes it impractical to own many possessions, paying for an on-shore storage facility is an option at less than $200 monthly . When combined with an annual cost of a generous $100 per night for cruising, combined annual costs of around $38,900 for ship accommodations and storage are more than $6,000 cheaper than the average assisted living facility.
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