There is something special about being on a yacht. I can remember growing up spending my summers in the out islands of the Bahamas and admiring the beautiful vessels surrounding us.
It can be a jungle to figure out how much you should expect to pay for a yacht.
This article will help guide your research about prices for different sized yachts to help you make the best decision.
How Much Do Yachts Cost On Average?
These are the main contributing factors to the price of a yacht.
- The size of the yacht
- The age of the yacht
- The brand of the yacht
On average, according to sales data, yachts cost around $8.4 million.
Keep in mind, this average amount is all encompassing. It factors in all yachts of all sizes, ages, builds/brands, and levels of luxury including outliers such as superyachts. The ladder brings the total up quite a bit.
Therefore, it makes more sense to research costs of yachts by the more specific categories they might fall into to get a more accurate price based on your personal scale.
Average prices for 40 feet yachts
A 40-foot yacht is a common boundary line for boat fanatics who are looking for a new vessel.
Technically, a yacht begins at 23 feet. However, yachts that size will more often be referred to as boats.
If you really want to confidently call your new vessel a yacht, the 40-foot mark seems to be the universal standard.
A 40-foot yacht is a great option for people who are looking for simplicity. This size is great for day trips dedicated to speed boating or simple cruising. The size remains manageable, but the vessel can be updated with extra living spaces and amenities as desired, with a more affordable price than larger options.
The maintenance prices will remain lower as well.
Make sure you are considering the age of your yacht. Even if it is on the smaller end, it will be more expensive if it is new and custom built to your wants.
Even if you think a 40-foot yacht is the cheapest option, these small factors make for a sliding price scale.
You might find that a smaller, new, custom yacht is more expensive than an older, simpler, larger yacht. If you strip down the 40-foot yacht to the simplest and the smallest, it will come in at the cheapest.
Our Pick: Viking 42 Convertible: Cruise and Fish
Here are the features for 2014 used models:
- Cushioned seats
- Battery charger
- Underwater lights
- Recent engine and service
- Joystick control
- Cockpit shade with poles, freezer, and step-up box
- Custom chairs
- Hull overhang to provide shade
Features for 2013 used model
- Flybridge fiberglass hardtop
- Upgraded chairs
- Cockpit freezer and drink box
- Forward facing viewing windows in deckhouse
- Fresh water wash area
- Blue hull color
- Two staterooms
- Carpet, barstools, dining table
- Flat screen TV, home theater
Here’s a great example of a yacht with differing ages and year models.
Comparing the features and prices side by side can show you just how much you are paying for, and how much the age of the boat really matters in the grand scheme.
You could save yourself quite a bit of money if you go with the older model.
3 other 40-50 feet yachts price examples
- 47-foot 2004 Grand Banks 42 Classic
Price: $370, 697
- 45-foot 2012 Sea Ray 450 Sundancer
- 41-foot 2016 Back Cove Downeast
Average prices for 50 feet yachts
50-foot yachts are great options if you’re looking for more than just a simple day excursion.
They are normally owner-operated, so you likely wouldn’t need to pay for a crew.
They can provide more living space giving the owner flexibility for more guests as well as making it a more permanent residential option. With more space comes the opportunity to install more amenities as well.
The biggest difference between the 40-foot vessel and the 50-foot is the layout.
Once you upgrade, you can likely expect three-room layouts, which give plenty of space for rest and relaxation. The opportunity to create guest rooms, bedrooms and entertainment spaces are better with these yachts.
Our Pick: Hatteras GT54 Convertible Sportfish
This yacht is 53’ 10’’ long and weighs 75,000 pounds!
It has a 1200-gallon fuel capacity with 3 staterooms. It sleeps up to 6 people, so it is perfect for entertaining without being so large to the point where maintenance becomes very difficult. It is known for its great propulsion rates and is very smooth and agile.
It specializes as a fishing boat but allows plenty of room for guests. In addition to the three staterooms, it has a large salon deck, a spacious galley, and plenty of indoor and outdoor seating.
The base price for the 2014 model of this boat starts at $1,998,000.
2 other 50 feet yachts price examples
- 51-foot 2013 Azimut Magellano 50
- 52-foot 2017 Carver C52 Command Bridge
Average prices for 60 feet yachts
A yacht in this range approaches the upper end of the owner/operator criteria.
This means that owners need to now factor in the decision of whether or not they can man this size yacht on their own, or if they need to hire outside help from a crew.
Another added expense.
This size is great for longer travels beyond day trips and adds more and more space for extra amenities. Hosting guests becomes easier. Buying this size yacht will involve more decisions than smaller ones.
For example, the larger the yacht is, the more important the quality of the build becomes.
In addition, potential owners need to understand the cruising speed and propulsion of a yacht this size. The 60-foot yacht is also broken down into two categories:
- The express yacht
- and the flybridge yacht.
An express yacht is often referred to interchangeably as an express cruiser or sports cruiser. It has a single deck above the hull with a living space below.
These yachts can be identified by their sleeker look. Within the express category, there are further subcategories:
- Mediterranean Style
Open style express yacht with maximum space for sun, little-to-no shade on the deck
- Hard-top express
Semi-enclosed or fully-enclosed space on deck for operator.
A flybridge yacht is often referred to interchangeably as a sedan bridge or sport bridge. It has additional space above the main deck. Since the flybridge area has more space on the second deck, the main deck is normally made up of enclosed spaces and rooms.
It can have an open-air layout but can also have a hard-top.
Here are some examples to add to your research list.
Our Pick: Hatteras M60
The Hatteras M60 is great for someone who wants the luxury of a larger yacht but still wants to be an owner-operator. The layout below and above deck is spacious, with a large salon and a full masters suite. It can be customized to order with hardwood floors or specific carpeting, as well as amenities like flat screen TVs, a bar, full kitchen, etc. It is a motor yacht, meant for pleasure cruising.
The average base price for this model is around $2,995,000.
Other 60 feet yachts price examples
- 60 foot 2018 Arcadia Sherpa 2.0
- 60-foot 2007 Sunreef 62
Average prices for 70 feet yachts
Once you reach this size yacht, it is almost guaranteed you will need a crew to help operate it.
This is just shy of the superyacht category, so if you settle on this size just know you are almost there!
Like previously mentioned, as the yacht size gets larger, so do the number of factors which make the purchase more layered and complex.
When yachts reach this size, the interior layout begins to more drastically change. They often have a spacious main deck perfect for dining and entertaining guests, whereas below, the yacht would likely have four our more cabins and crew quarters.
With more rooms comes more cost, but also more opportunity to customize the space to truly make it your own.
Here are some great options for this size:
Our Pick: Hatteras GT70 Convertible Sportfish
The GT70 convertible sportfish is known for its speed and agility and high propulsion rates.
It is 70’ 6’’ with a 2,140-gallon fuel capacity. The inside is lavish, with a galley, a huge salon, and five staterooms.
The 2017 GT70 model runs around $5,000,000, but keep in mind the extra costs of maintenance, furnishing, and a cabin crew to help it run.
Other 700 feet yachts price examples
- 75-foot 2017 Hatteras Motor Yacht
- 69’ 11’’ 2014 Monte Carlo Yachts MCY 70
Average prices for 100 feet yachts (and up)
You are officially in superyacht range.
These yachts come in all styles and shapes which can allow for cruising along coastlines or focus on watercraft and speed boating.
Since this is likely the peak size boat for you, you can expect to pay extra costs for hiring a crew, maintenance, docking, as well as stocking your boat full of amenities.
You’re likely going to spend a bulk of your costs furnishing this size boat, because it doesn’t make much sense to have a huge sized yacht with nothing inside, does it?
Check out these great examples of 100-foot yachts
Our Pick: 143’ 04’’ 2019 Virtus 44
This megayacht is anyone’s dream.
It is home to a fully integrated beach club with room for a pool deck, floor to ceiling windows in the main salon, a hot tub on the top deck, 5 staterooms, an 8-person crew, and room to sleep 10 guests.
It has room for water toys and other gadgets, with a layout that keeps them purposefully hidden from the outside world. It has a 12-knot cruising speed and 16 knot max speed,
The 2019 model costs $20,189,000.
Other 100+ feet yachts price examples
- 98’ 5’’ 2018 AB 100
- 161’ 04’’ 2012 Acico Nassima
How much does a luxury yacht cost?
Superyachts fall under the category of “luxury” yachts.
Currently, the world’s largest private vessel belongs to the Prime Minister of the United Arab Emirates, Khalifa bin Zayed Al Nahyan’s Azzam. It is 590 feet long and cost $600 million to build!
It is outliers like these that increase the price average for yacht owners, perhaps scaring potential owners when they first start their research.
Currently, the average superyacht costs $275 million. This does not even account for maintenance costs, either.
Superyachts are large and luxurious, with a professional crew to help them run. They are designed to emphasize comfort, speed, and longer expeditions.
They might have swimming pools, water toys, diving and fishing poles, fully furnished rooms, helicopter landing pads, and smaller support vessels, just to name a few amenities. They are truly the epitome of elite.
What size boat is considered a yacht?
A yacht is a vessel for leisure. It is used for pleasure sailing, racing, cruising, or watercraft sport. It does not have to have luxury features to be considered a yacht.
It can be minimal and stripped of the “extra” stuff to fall into the category of the yacht, so long as it meets the size and length criteria.
The normal yacht length starts at around 23 feet, and as previously mentioned, can extend hundreds of feet.
If the boat meets 23 feet, it can be considered a yacht.
10 things to consider before you purchase
When making this purchase, the size of yacht you buy needs to reflect what you hope to get out of the vessel.
Some important questions to ask yourself before you buy are:
- What does your perfect day on the water look like?
- How long will your average day on the water be? Will it be more boating/watercraft focused or long cruise focused?
- Will you use the yacht to fish?
- Will you be on the yacht every day of the week or just weekends?
- How many people do you hope to fit on the yacht?
- Do you plan to stay on the yacht overnight?
- Where will you dock the yacht?
- How much boating experience do you have?
- How fast do you want the yacht to go?
- How important is it to have extra amenities like furnished rooms, water toys, electronics, etc.?
These questions will guide you to understand the size you really need and are going to be able to realistically maintain versus what your most ideal yacht would look like.
Sometimes, you must be honest with yourself about what you want and what you actually need. Be self-aware about your abilities (or lack thereof) in taking care of a specific size yacht.
Hopefully this comprehensive guide gives you a good starting point as you begin your yacht price research process. Although there are many factors to consider when understanding the prices of a yacht, it is an exciting purchase nonetheless and should be enjoyed as much as possible. At the end of your research, you’ll be the owner of a beautiful yacht you can use for leisure, cruising, sports craft, fishing, or all of the above.
Although this article is a good starting point, we would also recommend getting in touch with a yacht broker who can help you find your best fit, model, year, and price given your personal budget.
They are great sources of knowledge in addition to personal research.
Make sure you are as patient as possible in this process to make sure you are covering all your bases, but most importantly, enjoy the process!
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Morten is the founder of GoDownsize. He has filmed and interviewed people living in tiny houses and RVs since 2011. He grew up on the coast where his dad took him boating from a young age. He has completely rebuilt two RVs in which he travels with his family for months at the time. Read more about Morten here.