I have been asked so many time on how much does it cost to live on the road. Guys, I take it straight, living on the bike is not free but, to be sincere, money are not the main reason why many don’t travel (we will talk about the real difficulties we have to tackle in another post).
But, the good news is that it would be absolutely affordable and by my personal experience I can say that everybody can do it, only depends on the level of the motivation.
Just ask, what is important to you?

I know several full time travellers, some of them work on the way as Amazon sellers, some are computer engineers and draw codes, some teach English or Spanish or French online, some have kind of rent to rent companies.. I know a web-graphic freelance who makes money on freelancer.com - several SMM find clients on upward.com, the list is pretty long. The point is that there is always a way to make the money you need to travel full time, everything depends on you.

There are three different style to earn on the road:
1. Being financial free, this means that you’ve already built your cash machine and now you live by passive income.
2. You work while travelling, that means that you do something on your journey like sell online, web commerce, IT engendering or teaching something online (webinar, tutorial..).
3. You get a job and work a while, this means that you work, save, travel then you work, save, travel. Repeat.

How much you need to travel full time on a motorbike?
I know a guy in Argentina who use to live with $ 400/month, I know an american girl who spends at least $ 8-10.000 a month. Depends on what you want to do on your journey.
Roughly speaking, you can live with less then $ 3.000 a month, you would spend even less if you camp every night, much more if you love fancy hotels, that’s up to you.
If you are good enough to fix your bike, rewear it from time to time, travel without shipping the bike around the world, you can spend even less.
If you travel in US, then you can find several cheep places where to stay, gas is not that expensive and food is quite good and affordable. South America is super cheep, especially Argentina, Peru and Bolivia. South and East Europe like Italy, Spain or Portugal or are quite expensive, north Europe is very expensive. Africa is super cheep. Australia is mega expensive.
Never travel is Asia, I’ll let you know.
Here a rough example on an average month for a moto-traveller.
Assumptions:
Hotel or camping or tent, average 30€ a day.
Gas, you do not travel everyday, so 20€ a day would be approximately fair.
Food is just 20€ a day, so you won’t get fat!
Bike maintenance you would have some costs (tires, oil, damages..)
Insurance, you must need it, you can spend 50€ a month but a good insurance is a must to have, 300€/month is fair.
Unexpected events, trust me, something always crop up.