Americans Face $383 Airfare and $1.42 Gas Jump as Vacation Inflation Spreads
Updated
Updated · CBS New York · May 20
Americans Face $383 Airfare and $1.42 Gas Jump as Vacation Inflation Spreads
5 articles · Updated · CBS New York · May 20
$383 average domestic airfare and a $1.42 year-over-year rise in gas prices are lifting the cost of Memorial Day and summer travel across the U.S.
Nashville shows the squeeze: flights there cost $121 more than a year ago, while lodging is up 4.3%, activities more than 5.5% and dining out over 3.6%, according to travel and consumer-finance data.
Travel demand has not broken yet—Nashville expects 18 million visitors this year, slightly above 2025, even as travelers report broad sticker shock.
Higher fuel costs are still reshaping behavior, with experts expecting more Americans to stay closer to home rather than book cross-country or overseas trips.
If the U.S. is oil self-sufficient, why are Americans paying record prices at the pump?
Gas prices are surging, so why are a record number of Americans planning holiday travel?
How is the conflict with Iran threatening U.S. military stockpiles and the dollar's global dominance?