NASA’s Artemis program aims to land the first woman and the next man on the moon by 2024, hoping to pave the way for a lunar site for further space exploration missions – and a new study estimates the cost of living there .
Money’s financial experts, Dot Zinc subsidiary, and a consumer credit product credit broker have published an article entitled “How to Get a Mortgage on the Moon!” last March 11. In the very first lunar mortgage guide, calculations put the cost of living on the moon at about $ 325,067 per month.
The lunar real estate proposed to have life-protecting features such as industrial-grade air seals, air conditioning and heating system, meteor-resistant windows, insulation, and power – with all of these necessities bringing in a combined cost of $ 40 million (£ 29 million). ).
Money also estimates the total cost of building a fully functioning house on the Moon at around $ 48 million (£ 34,892,500.06), with subsequent houses being slightly cheaper.
The mortgage guide also takes several factors into account, such as the average markup price for properties here on Earth and the cost of transportation for tools and equipment.
(Photo: NASA Goddard YouTube Channel)
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Guide to Lunar Living
Aside from the amazing cost of living on the moon, Money has also provided a guide on how to live in the new environment. From growing food to generating energy, it sums up the requirements for every aspect of lunar life.
Since the first potential lunar inhabitants will not have an energy source, Money strongly recommends purchasing a small nuclear reactor as a standalone energy source.
However, a small nuclear reactor is placed at $ 1.3 billion (£ 1 billion). An alternative, however, is the use of solar panels. While size and capacity were not specified, the report said 17 panels would be enough to power one home, costing just $ 23,000 (£ 17,000).
In terms of food, since food delivery is not an option, moon dwellers will have to grow their own food supplies. In a household of four people, seven greenhouses are needed to produce the required ton of food for subsistence. Of course, to ensure growth, water is another requirement – the credit broker estimates that 5.4 tons of water are used each year for vegetation and hygiene. The best long-term water supply method, as previously suggested, is to purify and reuse liquid waste.
Brief History of Men on the Moon
So far, the Moon remains the only place outside of Earth where humans have set foot – with Neil Armstrong first on July 20, 1969. Followed by Buzz Aldrin, the two Apollo 11 astronauts walked for about three hours, observing the surroundings and picking up samples to bring back to Earth. So far, there have been twelve people with the experience of setting foot on the moon – from the two Apollo 11 astronauts to Harrospm Schmitt of the Apollo 17 mission, who took his lunar walk from December 11-14, 1972.
Although studies have shown the presence of water on the moon’s surface, NASA says it still cannot support life as we know it – mainly because of its very thin atmosphere called an exosphere.
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View more news and information about the moon in Science Times.