How much do yachts cost? Let’s look at yacht prices per size.
SELECT SIZE ⇩
Note: We will look at yachts that are a few years old. Very few people buy brand-new yachts as the price comes down a lot after only a few years.
How much is a small yacht? Let’s start at 40 feet length.
40 Foot Yacht Cost
A 40-foot yacht can be found used for around $200,000 and new models can cost as much as a million dollars. There are always lots of used yachts for sale around 40 feet in length, which makes them more attractive to first-time buyers.
Technically, a yacht begins at 23 feet. However, yachts that size will more often be referred to as boats.
A 40-foot yacht is a great option for looking for relative simplicity and plenty of comfort and capability. This size is great for day trips in the Caribbean 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. One benefit of an older yacht is that it should have the improvements and equipment that make it comfortable to operate and will not have those additional costs.
Our Pick: Viking 42 Convertible: Cruise and Fish (2014)
- Cushioned seats
- Underwater lights
- Flybridge fiberglass hard-top
- Recent engine and service
- Joystick control
- Cockpit shade with poles, freezer, and step-up box
- Custom chairs
- Coach roof overhang to provide shade
- home theater setup
- Freshwater wash area
- Cockpit freezer and drink box
- Forward-facing viewing windows in deckhouse
Here’s a great example of a yacht with differing ages and year models. It has twin diesel engines, 600 hp each, and cruise at 35 mph (pretty fast!).
Yacht Price Examples for Three Other 40-50 Foot
- 42-foot Grand Banks 42 Classic; trawler-cruiser style yacht; twin diesel, 350 hp each, cruising speed is 13 mph.
Price: $370,000 for 2004; $124,500 for 1986; older ones for less
- 45-foot Sea Ray 450 Sundancer or Sedan Bridge; single or twin diesel, about 1,000 hp total; cruising speed about 26 mph
Price: $472,000 for 2012 twin-engine
- 41-foot Back Cove Downeast; single diesel 715 hp; cruising speed is 26 mph
Price: $619,000 for 2016
50 Foot Yacht Cost
50-foot yachts are normally owner-operated, so you wouldn’t need to pay for a crew. Now we are around the size of 2-bedroom yachts.
They can provide more living space giving the owner flexibility for more guests and 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 accommodations.
Expect three-cabin layouts, which give plenty of space for rest. The opportunity to create guest rooms, owners’ suite, and entertainment spaces are better with these yachts.
Our Pick: Hatteras GT54 Convertible Sportfish
The price for the 2017 model of this used yacht starts at $2,249,000.
This yacht is 53′ 10″ long and weighs 75,000 pounds! It has twin diesel engines, 1,300 hp each, cruising speed of 35 mph.
It has a 1200-gallon fuel capacity with three 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.
Yacht Price Examples for Two Other 50 Foot
- 51-foot Azimut Magellano 50; express cruiser; twin diesel engines, 425 hp each, cruising speed 16 mph
Price: $670,760 for 2013
- 52-foot Carver C52 Command Bridge; twin diesel engines, 600 hp each; cruising speed 18- 26 mph
Price: $1,149,000 for 2017; $1,750,00 for 2021 with bow thrusters, gyro-stabilizer
How much is a large yacht? Let’s step up to 60 foot.
60 Foot Yacht Cost
Now we’re looking at 2-bedroom yacht prices. A yacht in this range approaches the upper end of the owner/operator criteria.
This means that owners need to decide whether they can handle this size yacht on their own or if they need to hire outside help from a crew.
If you’re thinking of buying a boat this size, the cost may not be an issue, but understand that adding crew members adds substantial extra expenses! Crew salaries start at around $3K /mth for junior members and $10K for captains and experienced crew members.
This size is great for longer travels beyond day trips and adds more and more space for extra amenities. Hosting guests becomes easier.
Here are some examples:
Our Pick: Hatteras M60
The average base price for this model is around $2,995,000.
The Hatteras M60 is great for someone who wants the luxury of a larger yacht but still wants to be an owner-operator. The deck’s layout below and above is spacious, with a large salon and a full master suite. It can be customized to order with hardwood floors or specific carpeting and amenities like TVs, a bar, a full kitchen, etc. It is a motor yacht, meant for pleasure cruising.
It has twin diesel engines, 1135 hp each; cruising speed is 28 mph.
Yacht Price Examples for Two Other 60 Foot
- 64-foot Schaefer 640; express cruiser; twin diesel engines, 625 hp each; cruising speed 25 mph
Price: $1,299,000 for 2017
- 60-foot Sunreef 62 Sailing Catamaran; twin diesel engines 110 hp each; cruising speed 10 mph
Price: $990,000 for 2009
70 Foot Yacht Cost
We’re now looking at 3-bedroom yachts. Once you reach this size yacht, it is almost guaranteed you will need a crew to help operate it. A crewed yacht is very different from an owner-operated yacht.
This is just shy of the superyacht category, so if you settle on this size, know you are almost there!
As previously mentioned, as the yacht size gets larger, so do the number of factors that make the purchase more layered and complex.
When yachts reach this size, the interior layout begins to change more drastically. They often have a spacious main deck perfect for dining and entertaining guests, whereas below, the yacht would likely have four or more cabins and crew quarters.
With more rooms comes more cost and more opportunity to customize the space to make it your own.
Here are some great options for this size:
Our Pick: Hatteras GT70 Convertible Sportfish
The 2017 GT70 model runs around $4,500,000, but keep in mind the extra costs of maintenance, furnishing, and a cabin crew to help it run. It’s great for a long vacation and far-away destinations.
The GT70 convertible sportfish is known for its speed and agility, and high propulsion power. It has twin diesel engines, 1900 hp each; cruising speed over 30 mph.
It is 70′ 6″ with 2,140-gallon fuel capacity. The inside is lavish, with a galley, a huge salon, and five staterooms.
Yacht Price Examples for Two Other 70 Foot
- 75-foot Hatteras Motor Yacht; sport cruiser; twin diesel, 1800 hp each; cruising speed 28 mph.
Price: $4,375,000 for 2017
- 74-foot Ocean Alexander Motoryacht; twin diesel, 1150 hp each; cruising speed 24 mph.
Price: $1,895,000 for 2011
100 Foot Yacht Costs (and up):
You are officially in the superyacht range.
These yachts come in all styles and shapes, allowing for cruising along coastlines or focusing on watercraft and speed boating.
Since this is likely the peak size boat for practical use, you can expect a lot of additional costs for hiring a crew, maintenance, docking, as well as stocking your boat full of amenities.
You’re likely to spend the bulk of your costs furnishing this size boat as bigger yachts typically are sold without furniture. The previous owner will want to hold on to designer furniture and other expensive interior.
Check out these great examples of 100-foot yachts.
Our Pick: 143′ 04″ Virtus 44
This model cost around $20,189,000.
This mega yacht 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, five staterooms, an 8-person crew, and room to sleep ten 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,
Other 100+ Feet Yachts Price Examples
- 98′ 5″ AB 100
Price: $8,843,260 for 2018
- 161′ 04″ Acico Nassima
Price: $17,933,000 for 2012
How Much is Yacht Insurance?
Insurance on a yacht is around 1% of the purchase price per year. It can go higher if you have lots of expensive designer furniture. This can add up over the years. It’s often cheaper to insure a sailing yacht but the price range is still within the 0.7-1.3%.
What Other Expenses Do Yacht Owners Face?
Harbor fees is another expense for yacht owners. It’s also a yearly fee that varies but as a rule of thumb, you can expect to pay around $100 per foot per year, depending on how popular the marina is. You will also have to be on a waitlist if you want a good location.
How Much Does a Luxury Yacht Cost?
A super yacht fall under the category of “luxury yachts” or “mega-yachts”.
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 costs $600 million to build!
It is outliers like these that increase the price average for yacht owners, perhaps scaring potential owners when they start their research.
As a luxury yacht price guide, however, we need to look at averages.
Currently, the average superyacht costs $275 million. This does not even account for maintenance costs, either.
Superyachts are large and luxurious, needing a professional crew to help them run. They are designed to emphasize comfort, speed, and longer expeditions – depending on the yacht builders.
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 the elite.
What Size Boat is Considered a Yacht?
The normal yacht length starts at around 23 feet, and can extend hundreds of feet. If the boat meets 23 feet, it can be considered a yacht.
A boat does not need luxury features to be considered a yacht.
It can be minimal and stripped of the “extra” stuff to fall into the yacht category, so long as it meets the size and length criteria.
11 Things to Consider Before You Purchase
When making this purchase, the yacht size 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 for fishing?
- Will you be on the yacht every day of the week or just on 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 will be able to realistically maintain versus what your most ideal yacht would look like.
When Do You Need a Full-Time Crew?
At length over 50 or 60 feet, you may need a full-time captain or crew.
A full-time crew person will be needed to keep all the varnished woodwork looking good and all the little things maintained.
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.
If you don’t know much about boats and navigation, you will need more help to use your vessel.
Hopefully, this comprehensive guide gives you a good starting point as you begin your yacht price research process.
Important Things to Consider As Well
Although there are many factors to consider when understanding a yacht’s prices, 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 the price is 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!
Here’s How Much Yachts Cost on Average:
Yachts start around $300,000 for smaller 40-foot models and can go as high as several hundred million dollars for superyachts.
These are the main contributing factors to the price of a yacht:
- The size of the yacht
- The age of the yacht
- The brand and type of yacht
In general, the larger the yacht is, the more important the quality of the build becomes.
Also, potential owners need to understand the cruising speed and propulsion of different yachts.
The yacht type is also broken down into two categories:
- Express yachts
- Mediterranean Style
Open style expresses 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 the operator
- Mediterranean Style
- Flybridge yachts
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.
They are much sleeker, too.
A flybridge yacht is often referred to as a sedan bridge or sport bridge, and it is typically used for fishing. 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.