Life got you down? Tired of the rat race? Doesn't it sound appealing to get on a luxurious ship, set sail and never get off? Well, you can, and according to a study by a cruise search engine called CruiseWatch, you might actually save money. Sort of.
CruiseWatch.com, based in Hanover, Germany, first calculated how much an average person would spend for things like housing, transportation, utilities and other everyday living expenses. For an average household size of 2.5 people in New York City, this averaged around $637 per week. "Currently, the best available prices for the cheapest cruises in our database average around $313.25 per week, which represents a significant saving of $323.75 per week," said Nina Stumpe, co founder of the site.
The cruise prices were accurate as of June 16, 2016.
According to the data, citizens of Honolulu would save a theoretical $7,518 per person and year if they went on continuous cruises in 2017. People in San Francisco would save $7,154, Los Angeles $2,058 and Stamford $3,878. New Yorkers top it all. They would save $10,430 for traveling the world.
The company based the study on data that it has accumulated through the years, which includes five years worth of cruise price information and data from the 2012 U.S. Census to accurately calculate current cost of living information for several major metropolitan areas in the United States.
The study, however, fails to account for one significant statistic in its calculation. Income. Unless one somehow manages to earn on the boat what would be earned at jobs in those cities, the boat trip tilts the balance sheet towards expense. So unless you are retired with a pile of cash in the bank, it may be best to keep the day job.