Summer is the season most people look forward to. People from all over the world usually take some time off and take a trip. It’s summer again and it’s time to travel to some dreamy place. There are many reasons why we love to travel like expending your perspective, learning, visiting new places, taking a rest etc. Although many people would like to go on a trip something that really matters is vacation cost. Another thing that is a concern is how to make payments on a trip. In this article we are going to explain all you need to know to manage your next vacation cost and payment.

Average vacation cost

To be honest average vacation cost could vary depending on different factors. Are you going to have a luxury trip and stay in a dreamy hotel? Are you on a budget and try to find the cheapest options available? Is it a family trip or are you going to travel alone?

These are all the questions you need to ask yourself before you start planing the trip and thinking about the expenses. It’s interesting to know that the average vacation cost is $1,145 per person. So a family of 4 would need $4,580. You can always check different websites giving you information about the cheapest flights and hotels available. You can also use some other tricks like booking on Tuesdays and getting discounts through work.

Vacation cost depends on your plan

Vacation cost depends on your plan

Vacation cost is not that horrifying. It’s probably cheaper than you think since there are cost efficient vacations available. The average vacation expense per person in the United States is $1,145, or $4,580 for a family of four, according to American Express.

To take control over your money know that it’s easy to overspent when on vacation but you might end up drowning in debt. Make sure you will come back with less stress not more since this is the bottom line.

Vacation cost pie chart

Vacation cost pie chart

Transportation

If you are thinking about flying to your destination you should know that airline tickets airline tickets go on sale about 330 days in advance. However, the closer you get to the time of departure the higher the prices will go. A family road trip is also a good idea but you need to keep in mind that a typical family can drive about 500 miles in a day on average.

food

Food costs really depend on your family’s taste and needs. If you are on a budget don’t think about eating out a lot since it can cost significantly more than eating in. Stay away of tourists locations, everything is generally more expensive in those places. For a very basic vacation food budget calculate $60 per adult and $45 per child under 10 per day.

Have a detailed plan so that you won't worry about vacation cost

Have a detailed plan so that you won’t worry about vacation cost

Hotel

Obviously the better the location, the more you should expect to pay. Room rentals are subject to three taxes and one fee. You can consider staying at a pleasant hostel which can cost much lower than staying at a hotel. Renting a furnished home can be a good idea for the ones who are traveling with a group and wish to stay a little longer.

Taxes

Something you really need to be careful about is taxes. Hotel taxes can push your vacation cost up to 20%. Other travel related taxes such as taxes tacked on to airline tickets, rental cars etc. can boost your vacation cost up to 50%!

Most of the times the best way is to book now and make payments later. Most people worry about currency. There’s great news for holidaymakers struggling to pay for reservations. Well you need not to worry anymore! Simply leave you trip payments to us. You can book whatever services and take a trip abroad with the currency of your country. In your destination you can safely and easily use our services (PayPax) to exchange your money with the currency of the country you are in.