You'll often see articles in the newspapers here gushing romantically about how a couple moved onto the canal in order to save money, and it's all so very nice and wonderful. The reality is once you've factored in a mooring, maintenance and other things, it tends to be comparable to living on land. A lot of people can't continuously cruise as we do, due to jobs and other responsibilities.
A few grand a year for a mooring, plus around £1k/year for your license (all boats on the Canal and River Trust's waterways must be licensed). Every few years you need your boat lifting out and the blacking on the bottom re-done (more £££), and in winter you get through a fair amount of coal and other fuel to keep the boat heated (I think we're at about £100/mo for diesel + coal, but some people burn a lot more coal than us).
You really have to want to do it for the experience of living on the canals rather than a way to live cheaply (though it can be done).
A few grand a year for a mooring, plus around £1k/year for your license (all boats on the Canal and River Trust's waterways must be licensed). Every few years you need your boat lifting out and the blacking on the bottom re-done (more £££), and in winter you get through a fair amount of coal and other fuel to keep the boat heated (I think we're at about £100/mo for diesel + coal, but some people burn a lot more coal than us).
You really have to want to do it for the experience of living on the canals rather than a way to live cheaply (though it can be done).