Life is getting more expensive for Americans but that’s not stopping people from paying historically high prices to see the world.
The average trip cost in the first three months of the year $7,257, according to an analysis by travel insurance marketplace Squaremouth. The figure represents a 3.6 percent year-on-year increase and is the highest average spend since the company began tracking 23 years ago. Single-trip costs are more than $1,250 higher than they were from 2017 to 2020, the analysis revealed.
