Living on a cruise ship

By: J. David Chapman/March 16, 2023

I should have seen this coming as a result of remote working. Do you enjoy cruising and vacationing at sea? Turns out there are some that have sold their personal belongings and taken on a life at sea. Living on a cruise ship may sound like an extravagant and luxurious lifestyle, but for some individuals, it is a practical and cost-effective way of living. There are people who have chosen to live on a cruise ship for a variety of reasons, such as retirement, saving money, or simply for the love of travel.

One of the main advantages of living on a cruise ship could be cost savings. Living expenses such as mortgage or rent, utilities and food can add up quickly, and living on a cruise ship offers a more all-inclusive option. Many cruise lines offer long-term stays with amenities such as meals, entertainment, and housekeeping services all included in the price.

Another advantage of living on a cruise ship is the constant change of scenery. Cruise ships travel to different ports of call, allowing residents to experience new cultures and destinations regularly. This is especially appealing for individuals who love to travel but don’t want to deal with the hassle of constantly packing and unpacking.

Living on a cruise ship also offers a strong sense of community. Many long-term residents have developed close relationships with the crew and fellow passengers, leading to a strong support system and social network.

Of course, living on a cruise ship is not without its challenges. Residents may experience a sense of isolation, as they are far away from family and friends on land. Limited living space is another issue, as cabins can be small and storage space is limited. This might be an issue for those of us with a bit of claustrophobia.

Some of these cruise lines require long-term residents to be at least 55 years old, so younger individuals may not be eligible for this type of lifestyle and getting health care is a consideration. Living on a cruise ship would not be me; however, for some I imagine it could be a unique and rewarding experience. While it may not be suitable for everyone, for some individuals, it can be a cost-effective and adventurous way of living.

J. David Chapman is a professor of finance and real estate at the University of Central Oklahoma (jchapman7@uco.edu).