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1 For example, a 150-footer can cost as much as $35 million. 2  According to Forbes, some of the most expensive Yachts cost more than 103 million dollars. 3  Used cabin cruisers can cost $15,000 to $45,000. A midsized yacht that is around 30 feet can cost as much as $250,000. 2  Your larger boats that are around the 50 foot range can easily reach the 1,000,000 mark.
Towergate estimates that annual dockage fees run for $350,000, insurance averages $240,000 and maintenance and repairs can be in the millions, as can crew salaries. Overall, the owner should expect to spend about 10% of the yachtâs initial cost on annual upkeep. Captains report making anywhere from $70,000 a year on smaller vessels to $180,00 a year on larger vessels, while other members report significantly lower incomes.