Just 42% of those who take trips report lodging costs. When Americans travel domestically, they often stay with family and friends. Lodging: The Cost of A Good Night’s Sleep, Away from Home For road warriors of all sorts, parking fees and tolls may take another bite out of the travel budget. Despite their cultural prominence, only 0.5% of Americans travel via RV (recreational vehicle). Most families own or lease the vehicles they use for these trips, but about 2% rent a car or truck on vacation and spend an average of $1,223. About 21% of households leave their towns on four wheels in a typical quarter. is car country, and with the average cost of gas below $3 per gallon in 2015, American families will keep taking road trips. 6% of travelers end up paying for local transportation, like taxis, as part of their yearly vacation budget. Some 11 million Americans take a cruise each year. Cars & OtherĪbout 6% of families travel by train, bus or ship on vacation. Transportation is about 39% of the overall cost of domestic vacation trips. except a portion to Canada and Mexico - require a plane ticket, transportation costs eat up an even larger proportion of the budget, about 54%. Since most international trips from the U.S. You’re more likely to get cheap flights if you buy them about seven weeks before your trip although for travel during the busy summer season, you’re better off booking about 11 weeks (almost three months) before your travel dates if you’re hoping for a low cost airfare. Two ways to stretch your vacation dollars further are to utilize frequent flyer miles (which savvy travelers can augment with airline miles credit cards), and to plan ahead. Those who fly (only about 10% of Americans buy a plane ticket in a given quarter), spend more than $3,304 on airfare annually on average. These costs are much steeper when a family’s summer vacation involves an airport. Local transportation on out-of-town trips The table below breaks down each type, and provides the average expenditure for households that report incurring them.Īverage Annual Transportation Expenses, If Incurred By Vacationing Households This figure spans a variety of different modes of transportation, ranging from driving a family's own car to taking cruises. They spend an average of more than $2,100 each year on the transportation costs for their vacations. family spends about 44% of their travel funds getting to, from, and around their destinations. Transportation: Getting There is Half the Budget Rising costs are just one other reason that you might consider travel insurance to reduce the impact of financial losses on the road. This amount has risen considerably in recent years, from $2,000 in 2005. That means spending about $250 to $271 per night. Across all people who took an international vacation in 2013, the average cost came out to be $3,250 for a typical 12 to 13 night trip abroad. Their travel costs per day are now about $144. For a typical trip within the U.S., people spend an average of about $581 and go away for about four nights (the cost of a domestic vacation was less than $500 back in 2005). Or, they might stay within the U.S., but spend a combined total of 30 days away from home, spread over various places to visit.Ĭosts have also risen in the past decade. A family that vacations might travel internationally once a year, and also take a few domestic trips. Vacation expenditures also vary by age group, with near-retirees spending nearly four times as much on trips, on average, compared to young people under age 25. For example, someone who stayed with friends on vacation would have a $0 cost for their lodging. Of course, not all vacationers incurred each expense.
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