Inflation and the Cost of our Hobby

 Its another wet miserable day here and I was looking for something to pass the time away. I decided to look at some of my historic costs of holidays in the motorhome which I have owned for the past 12 years. I average 100 days away and 5,500 miles a year. Back in 2017 I worked out the cost of using it as £56 per day or £1 per mile. As of today, it is costing £90 per day or £1.71 per mile. An increase of about 65 percent when inflation over the same period has only risen by 32 percent. This does not include depreciation.

That led me into looking into site prices. In 2017, I stayed at:

 The C&CC site in Cambridge for £24.75p.n., the identical cost in 2024 will be £34.65p.n., a 41 percent increase.

The C&MC site at Godrevy for £19.72p.n., the identical cost in 2024 will be 31.80p.n., a 61 percent increase.

 Polmanter, a commercial site for £22.50p.n., the identical cost in 2024 will be £33.50p.n., a 49 percent increase.

Widdicombe Farm, a commercial site £15p.n., the identical cost in 2024 will be £23.50p.n., a 57 percent increase.

The average price I paid for a site in 2017 was £14.50p.n. in 2023 it was £22.64p.n. and increase of 56 percent.

All costs of our hobby are outstripping inflation and this is compounded by my pension not keeping pace with inflation, I am several thousand pounds shy of what it should be if it had kept pace with it. 

With no final salary pensions, tomorrows pensioners are unlikely to be as afluent as todays. I can only see a decline in numbers who will be able to aford our lifestyles or even glamping?

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