I’ve retabulated what it costs to live on the Caribbean Princess for the month of January 2017. The price per day for two people in an inside cabin has dropped from $265 (March 2016 price) to $218 (post-Thanksgiving week.) This last minute pricing would save a couple over $1400 versus booking earlier in the year!
Living on Cruise Ships
Earlier this year I became intrigued with the idea of living for a good part of the year on cruise ships. I had read that it cost about $50,000-$70,000 per year to do so. I’m not sure that I would want to do it, but I wondered if it were possible to do it for a reasonable rate at least for part of the year. I ran different scenarios on Carnival, Royal Caribbean, and Princess for one-month sojourns at sea on back-to-back cruises in January of 2017. Now that we are past the final payment date for these cruises, I’m looking at last-minute pricing for these cruises. Let’s compare early booking vs. last-minute prices for these cruises. We’ll start with the January itineraries on the Caribbean Princess. All prices are pulled directly from the Princess website.
Booking Early on the Caribbean Princess
Back in March, we looked at the prices for a month of cruising on the Caribbean Princess out of Fort Lauderdale. At that time the cost per day for two people to spend January 2017 on back-to-back cruises on this ship was $265 per day. This price is for the cheapest inside cabin, but it does include gratuities. I rechecked prices during the summer and found that they had dropped slightly to $259 per day per couple.
Last-Minute Pricing on the Caribbean Princess
I was really interested to see what prices would be after the final payment deadline. Checking prices just after Thanksgiving reveals that prices have dropped significantly. Notice the last column of the table that shows how much the total price of each cruise has changed since this spring. The taxes, port fees, and recommended gratuity rate hav not changed. The difference is in the cruise rate!
Save a Lot of Money By Last-Minute Booking
We all know that you can find some great deals if you are willing to be flexible and book after the final payment window. This is a gamble because your cruise may have sold out or have become more expensive if you wait this long. Frankly, I was surprised to find availability across the board on all the January itineraries. I doubt that you would be able to book the same cabin for all four cruises if you were to book this late in the year. If you would be willing to do so, however, the savings would be significant. You would be saving over $1400 by doing a late booking!