How much did ships cost in the 1600?

In the 1600s, the cost of ships varied widely depending on their size, type, and purpose. A small coastal vessel might cost around £100, while larger merchant ships or galleons could range from £1,000 to £5,000 or more. Factors such as materials, craftsmanship, and the ship's intended use—whether for trade, exploration, or warfare—also influenced pricing. Overall, shipbuilding was a significant investment during this period.