Living On the grid: Money Money Money

So why do you want to live on the grid?
Insert witty answer here.

Personally its fun having a place to be at home, fun to have your own space to build , make a relationship, bring up kids, make money,or just log on in your own home every time, lets face it you don't need to have land, but its nice to have your own place.


Lets look at the economics and im going to take a snapshot of todays value of the linden value to the dollar.
In this example im going to ignore transaction charges. Its about 270L$ to the USD today.

So lets start with renting:

Private islands.. you can rent anything from a 1/16 of a sim upwards and you can rent a homestead parcel  or a full region Parcel.

Keeping it simple( for my tiny brain) If you do not have a premium account, you pay nothing direct to Linden Labs, but you pay a one off fee of anything from 1L$ up to 10000L$ for the right to lease/rent land from a private landlord


Lets say, you rent an entire sim ( we are feeling rich today and want a full region 65536 sqm 15000 prims)  an example price would be 10000L$ to buy, and  21000L$ a week

so thats 37.04US$ to buy and 77UD$ a week, lets say you rent it for 12 months.


Its math time all round here :D.



$77x52=$4004 + $37.04=$4041.04 for a year. or 109108.08L$ a year

If you bought a sim for yourself from Linden labs direct.


It would cost you $1000 to buy and $295 a month for maintenance ( rent)


Thats 295x12=3540+1000= $4540 a year

now we have to factor in the Premium membership fee.

 its currently $84.60 a year ( 22842L$) and you receive 300L$ a week in a stypend payment. 300x52=15600L$ a year so your membership costs 22842-15600=7242L$ a year=$26.82, now currently you get a one off payment of 1250 after 45 days of membership so now thats 7242-1250=5992L$ cost for membership

5992/270=22.19US$

22.19+4549=US$4571.19 a year.

So on the face of it its cheaper to rent ?. well the examples I have given are taken today and land prices go up and down and if an estate owner has lots of land they my well rent one of their sims for a slight loss to get some cash in but if you start to rent smaller plots of land the relative prices go up, aslo dont forget each time you biy lindens you pay 30l$ to buy so add that in.

Lets take an example of a 1/16 ( 4096sqm) 933 or 977 prims, you can pay 1L$ to buy and 1700L$ rent a week.

So Thats 1700x52=88400 a year for a 1/16 x 16=1414400L$ a year for a full sim /270=USD5238.51 a year.


anyone want to check my math?

So if you are renting anything less than a full sim then you are funding the landlord to the tune of  US$567.32 a year profit per sim if the sim is full at these prices.


Thats private full regions covered.. more soon with mainland and the differences between mainland and Private  full regions sims.