Methods for Determining your cost for a Cruise or any Vacation

My husband and I have been disagreeing on the proper way to calculate the actual cost of a cruise or any vacation. I thought I would share with our readers our two different points of view and let our readers use the survey feature to settle our the difference of opinion.

My Method

I say that when you figure the cost of vacation you can utilize your total cost of the vacation minus the expenses that you would normally have at home. For example, if you take a one week cruise that costs you $1500 total for your cruise, transfers, tipping, beverages, food, pet sitting, excursions, parking ect, you can then subtract from the cost of the cruise your regular expenses which you don’t incur because you are on the cruise. So in this example, if you normally spend $50 a week on gas, $50 a week on groceries, and $50 a week on dining out, then you could subtract $150 from the cost of the cruise, because you would not have those expenses on top of the cruise. That would put the total cost of the cruise at $1350, rather than the full $1500. Of course expenses still incurred at home like mortgage, rent, or gym membership, for which you are still responsible, would not be eligible for the deductions.

My Husband

My husband’s method is pretty straight forward, simply add up everything associated with the cruise and that is the cost of the cruise.

Applying this Theory

When I recently took my kids on a cross country road trip, I utilized my method to determine the cost of the trip. Using my method I figured the trip with the kids only cost us about $500 because I subtracted our normal budget for things like groceries, gas and some fast food. I included in my budget extra dining out, amusement park admission, and any other activities in which we would not normally participate at home. Using my husband’s method, the total was nearly double.

We invite our readers to participate in our survey and let us know what method you used to determine the cost of a vacation.