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You Can Live on This Cruise Ship for $30,000/Year—Less Than the Average Cost of Rent in NYC

WorldAsiaYou Can Live on This Cruise Ship for $30,000/Year—Less Than the Average Cost of Rent in NYC
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If you are thinking of moving to a new home or are simply looking for a change of scenery, you might consider this cruise around the world.

life on a cruise announced that it is accepting reservations for its three-year world cruise. The voyage will cover more than 130,000 miles and visit 375 ports in 135 countries and seven continents.

According to a press release, the MV Gemini cruise ship has 400 cabins and room for 1,074 passengers. The ship has traditional amenities and includes a 24-hour on-call hospital with free medical visits.

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Residents have to buy in to live on the ship. Prices start at $29,999, with payment options as low as $2,499 per month.

life on a cruise

With prices starting at $29,999 per year, buying in Cruz has been cheaper than renting an apartment in New York City last year. Cruise also offers paid options starting at $2,499 per month.

According to StreetEasy’s Rent Index, the median cost of renting in NYC for 2022 was $3,207 per month or $38,484 per year. That’s $8,484 more than the cruise cost per year and $708 more than the starting price for monthly payment plans.

Residents can choose from interior rooms with virtual views and cabins ranging from ocean-view staterooms to balcony suites.

A balcony suite on the MV Gemini measures 260 square feet.

life on a cruise

Tenants will also benefit from additional tax benefits if they work as international residents onboard. According to social Security AdministrationThe United States has agreements with countries around the world that help citizens or residents obtain an exemption from foreign Social Security taxes, while also avoiding double taxation while working abroad.

Each stop on the ship’s itinerary will include several days in port. The three-year voyage will begin in Istanbul on November 1, 2023, with pickups in Barcelona and Miami.

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