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The Best and Worst Cities for Cheap Vacations in 2015
GOBankingRates study finds the best vacation spots in the U.S. for frugal travelers
LOS ANGELES, May 4, 2015 /PRNewswire/ — New York, Santa Barbara and San Francisco are the most expensive vacation destinations of 2015, while Las Vegas, Jacksonville and Orlando are the cheapest, according to a new GOBankingRates study that found the most and least affordable cities for travelers. The report investigated 50 of the most popular vacation destinations, ranking their affordability based on the factors that impact travelers’ budgets the most: hotel prices, airfare, food and drink costs, and transportation expenses.
See which 10 cities are the most expensive for travelers here:
“You don’t have to drive to the middle of nowhere to find a cheap summer vacation. In fact, some of the least expensive destinations on our list are also the most popular — with Vegas taking the No. 1 spot,” said Casey Bond, GOBankingRates’ editor in chief. “Still, it’s important to remember that saving money on vacation doesn’t end with finding a cheap flight or inexpensive hotel room; don’t blow your budget on squeezing in visits to crowded tourist traps. You can have more fun, spend less money and get a more authentic experience at some of the cheapest cities in the country.”
10 Best Cities for Cheap Vacations:
Las Vegas, Nev.
Kansas City, Mo.
Grand Rapids, Mich.
Salt Lake City, Utah
Most Expensive: New York ranked as the least affordable city on our list, largely because of its hefty hotel rate (averaging $200), and its high food and drink prices.
Golden State: California was the most represented state among the least affordable vacation destinations, with three Golden State cities making the bottom 10: Santa Barbara, San Francisco and Los Angeles. In fact, Santa Barbara had the most expensive airfare of all cities in the study, averaging more than $525 round-trip.
Sunshine State: Florida contributed two cities to the top 10 cheapest destinations — Jacksonville and Orlando, which came in at No. 2 and 3, respectively. Jacksonville had the most affordable hotel price on the list, averaging $73.
GOBankingRates curated a list of 50 of the most popular U.S. vacation destinations and graded each on a number of variables important to travelers: 1.) hotel prices, 2.) food and drink expenses, and 3.) transportation costs. Data on three-star hotels, food and drink, and ground transportation costs were provided by numbeo.com (data pulled on April 15, 2015), while domestic airfare information was provided by the Bureau of Transportation Statistics (using the most recent data available at the time of writing, from the third quarter of 2014). For a more detailed methodology, including weighting, visit GOBankingRates.com.
GOBankingRates.com is a leading portal for personal finance and consumer banking information, offering visitors the latest on everything from finding a good interest rate to strategies on saving money, investing for retirement and getting a loan. Its editors are regularly featured on top-tier media outlets, including U.S. News & World Report, CBS News, Business Insider, Daily Finance, Huffington Post and more. It specializes in connecting consumers with the best financial institutions and banking products nationwide.
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