30 Best Expensive Hobbies In The World To Try This Year

List of Most Expensive Hobbies or Expensive Activities In The World

5 Expensive but Cool Hobbies

Traveling the world

Exploring the world is a very good experience and has even been studied to improve brain health. But traveling as a hobby costs a lot of money.

If you prefer to take exotic flights and explore the world and its rich cultures, you are sure on your way to spending a lot of cash. You will be looking at around $15,000 – $30,000 if you prefer to take a long vacation.

Woodworking

Most people shy away from picking up this hobby because of how expensive it can become. To achieve the best work, you need quality and durable gear. They cost a lot of money ranging from $300 – $10,000.

Examples of such tools include Planes, Power saws, sanders, files, a hammer, a mallet, and a drilling machine which can cost quite a bit.

However, you can choose to start with basic equipment to bring down your cost.

Yacht racing

It is one thing to buy a yacht and another to race it. Depending on the size, model, and years a yacht can cost around $500,000 to $10 million. Here is a quick guide on how much it can cost to charter a yacht.

Equestrianism

This fancy hobby has to do with horses. Horses are among the most expensive animals in the world. For $100,000, you can get one. Imagine that.

Also, the equipment for the horse and rider as well as upkeep of the horses require a lofty budget.

Flying a Plane

Most rich folks have their own jets which can fly anywhere they want. But acquiring a plane is only half the puzzle.

If you haven’t flown a plane before, you need to take flight lessons which can cost about $7250. A license will cost you around $5000 and to buy a brand-new jet will cost you $2 million to $500 million.

3 Expensive Hobbies for Couples

Ballroom dancing

The average cost of getting a dancing lesson is about $50 – $200 per hour. Competition costs, however, can cost more than that.

If you prefer to keep costs down you can dance with your significant at home and have fun.

Sailing

Boats are not cheap so this hobby can be very expensive. Even more so if you are a beginner and want to take sailing lessons. The average U.S sailing lessons cost $24 per hour.

Sky Diving

This is the one expensive activity that you have to undertake as a couple or single if you have the budget.

This experience delivers an adrenaline rush that the vast majority fantasy about having their lifetime. The cost for one jump is approximately $300, according to the Long Island Skydiving Center. But not to worry fees vary with location.

It is an extreme sport and a very addictive one at that. You’ll keep going back after the first jump because the kind of sensation it brings to you is more than you can dream of.

4 Expensive Hobbies for Men

Scuba diving

The sky and the ocean offer a unique experience like none other. To have the opportunity to see the depth of the ocean is a thrill most people don’t get.

Scuba diving lessons are expensive and to even take a trip a week will cost you around $3,000 a week.

However, to cut down costs, you can buy your own equipment, use video tutorials and learn the basics before spending too much time and money on it.

Gym Memberships

Exercising is a very important activity for every man. It will keep your body and mind active and strong. But, the cost of gym memberships can really take a toll on your finances.

Most people may argue about this but paying $50 a month for some gyms is nothing but after a while, you will feel it.

Related: 13 Affordable Hobbies To Keep You In Shape Without Hitting The Gym

Mountain Climbing

These fun but expensive activities are enjoyed by some of the most favorite celebrities like Channing Tatum, Kate Winslet, Michael B. Jordan, and the former president of America, Barack Obama.

The hobby is a bit costly because of the cost of equipment, personal training, and loads of mental resilience. It can cost around $28,000 – $85,000 for a standard climb. Custom climb cost a whopping $115,000. Not a cheap hobby.

Car Racing

Racing a car is fun but expensive. The thrill you will get from this hobby is exhilarating.

However, it will cost you $160 per day to race your own car on a race track. If you prefer to use their own cars, it will cost you about $500- $1000.

6 Expensive Collecting Hobbies

Car collecting

Starting your own car collection Is a straight forward expensive hobby no matter the kind of cars you are interested in.

The cars are the first part of the equation: you need to collect also tools and gear to maintain them. If spending loads of money is not an issue, be sure to give this hobby a try.

Use this guide to help get some ideas on starting your car collection.

Antique collecting

Collecting antiques is no child’s play. Because antiques are unique and difficult to fake, they are really expensive.

Therefore, starting a collection is nearly impossible for most people.

Coin Collecting

Coin collecting is regarded as the hobby of kings. It has become very popular in the United States and beyond and still growing. With a hundred dollars or less, you can start your coin collection in no time. However, some coins are really expensive to collect.

There are avid collectors who pay top dollar for well-graded coins, specific key dates, and error coins which can cost a lot of money. For example, the 1944 Steel Wheat Penny sold at auction for $500,000. A lot of money for a single penny.

Coin collecting can be expensive so be sure to learn more about it before picking it up.

Related: List of coins to know about.

Art Collecting

True art collectors ensure that they get all the necessary artwork of their favorite artists. The need to have a full collection means spending a lot of money.

Depending on your area of collection you can spend from $150,000 to a million dollars on this hobby.

Board games collecting

Starting a board game collection is a fairly inexpensive hobby for the average individual. You quickly go on Amazon and start buying board games ranging from $20 upwards.

However, if you want to collect premium board games, this hobby can really cost you a fortune. Below are some of the most expensive board games ever made.

• Royal Diamond Chess Set – $600,000
• Art of War Chess Set – $1 Million
• Charles Hollander Backgammon Set – $5 Million
• Jewel Royale Chess Set – $9.8 Million
• Gold Monopoly Set – $2 Million

Imagine buying a couple of these babies.

Related: List of board games to start playing

Stamp Collecting

This hobby deserves its spot on the expensive hobbies list because it is very costly to acquire well-graded stamps. There have been stamps that have sold for millions of dollars.

Most people will say a million dollars for a stamp. Yes! Rich people do spend their money where they want and how they want. After all, they made it.

Here are some of the most expensive stamps ever sold

• Bermuda 1848 1d Perot Provisional – $195,000 (£166k)
• UK 1840 Penny Black Letter – $293,000 (£250k)
• USA 1869 30¢ Inverted Shield, Eagles, and Flags – $310,500 (£265k)
• USA 1873 23¢ Lost Continental – $325,000 (£277k)
• USA 1851 2¢ Hawaiian Missionary – $619,500 (£529k)
• China 1897 10¢-on-9-Candareen – $770,000 (£657k)
• USA 1867 3¢ George Washington B-grill Rose – $900,000 (£768k)
• USA 1847 5¢ Alexandria ‘Blue Boy’ Postmaster’s Provisional – $1.18 million (£1m)
• USA 1918 24¢ Inverted Jenny – $1.6 million (£1.4m)
• USA 1868 1¢ Benjamin Franklin Z Grill – $3 million (£2.6m)
• Sweden 1855 3sk Treskilling Yellow – $3.8 million (£3.2m)

Just buying one of these stamps can place a dent in your bank account no matter who you are.

4 Expensive Creative Hobbies

RC Planes

Piloting RC Planes is a fun hobby but a very expensive one. You can buy ready-to-fly RC planes for up to $200. If you want to build your own, the costs of a basic one start at $700.

Other components like the remote control and batteries require maintenance and will cost money as well. So, imagine buying ten of these. You are already in a little over $900.

The more advance you become; the more expensive the hobby becomes.

Photography

Photography can quickly become a very expensive hobby if you want to take it to the next level. The average person will prefer to weigh on the lower by using a smartphone for selfies and pictures of small events.

However, a professional camera can cost between $4,000 to $10,000 depending on the quality of work you want to do. Even entry-level digital lens cameras cost around $200 or more. Most times it does not even include the cost of lenses so this hobby can get really expensive real quick.

Drone Piloting

Drones are really expensive gadgets both to buy and maintain. Toy drones can cost about $20 to $50 and more expensive ones like Autel Evo 2 8k cost around $1,900

Golfing

To really enjoy golfing as a hobby you need to invest money in it. Not only do you need to buy the necessary gear but you need to make sure you have the best training possible to enjoy it. An average 30-45-minute golf lesson can cost around $25 – $60.

4 Expensive Hobbies for Women

Cooking

There is a reason why cooking is one of the most expensive niches on the internet. Cooking supplies and materials are expensive. If you want to cook an average meal, it won’t cost you much.

However, having great recipes from the likes of Gordon Ramsey can really shoot your bills to the roof

Jewelry

Precious materials like gold and silver are not cheap. They can get really expensive but this hobby can also make money for you.

So, although it is an expensive hobby, it is a great hobby to pick up.

Shopping

Shopping is very essential because we all need our ingredients and materials for the upkeep of the house. But, if you shop frequently as a leisure activity, it can become really expensive.

If you don’t keep this hobby in check, with all the latest kitchen gadgets and accessories coming in every year, you will spend a lot of money.

Archery

Archery has become very popular over the years among the male and female populations alike.

It is an expensive hobby because for starters you need to have a bow. Even if you go to an archery compound it will still cost you money.

The price of a basic starter bow can cost around $200 – $300. For a more professional one, it can cost more.

4 Expensive Indoor hobbies (Expensive Hobbies  At Home)

Video Games

Video games are not cheap as they used to be. We have moved from plain old Nintendo game consoles that cost a few dollars to game consoles that cost $400 – $599. Even their respective games will cost you money. Brand-new games for major consoles can cost you $50 to $60.

Remember if you choose to build your own gaming pc, it will cost you more.

Interior Design

Although making changes to your home is not a cheap process you will improve the value of your property ten times more.

Depending on the property type, living area, and kitchen, the cost of renovating your own house can be around $15,000 or more.

Exotic Pets

Instead of taking ordinary pets like dogs, and cats, rich folks go for more exotic and expensive creatures like lions, tigers, bobcats, leopards, and even octopuses. These animals cost a lot to acquire and even more to take care of.

However, so far as you have the money, you too can have one for yourself. Popular celebrities like Nick Cage have an Octopus that cost $150,000. Whooh! That’s a lot of money.

Home Aquaria

This is a very expensive hobby only because of the space required to start an aquarium. A standard one is okay but expensive ones require more space and more money.

A standard can go for around $2000 and pricey ones can go for up to $4 million. For example, The Aquavista Dinosaur Gold Edition is going for $3 million.

How to save money on your expensive hobbies

These hobbies can become really expensive, however here are some tips to help you keep your expenses at the bare minimum.

• Don’t buy brand-new equipment.
• Borrow from trusted friends where necessary.
• Look for deals and discounts when buying your equipment.
• Focus on buying only the required gear for the hobby.

Conclusion

Use this guide to help you find the best costly hobby for you. Click here for more hobby ideas.

Don’t have the budget? – Try these 13 Affordable Hobbies To Keep You In Shape Without Hitting The Gym, for the time being.

References

https://www.themanual.com/outdoors/climbing-mount-everest-cost/

https://en.wikipedia.org/wiki/Equestrianism