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How much does a getaway cost?

Published in Travel Costs 1 min read

The cost of a getaway, often synonymous with a vacation, varies significantly depending on factors such as the traveler's generation. Average costs per trip can range from just under $1,900 to nearly $3,000.

Average Getaway Costs by Generation

The financial outlay for a getaway often correlates with the traveler's age group and typical travel habits. For instance, Baby Boomers generally spend more on their trips compared to younger generations like Gen Z or Millennials.

Here's a breakdown of average getaway costs per trip based on generational demographics:

Generation Average Cost Per Trip
Gen Z $1,960
Millennials $1,890
Gen X $2,694
Baby Boomers $2,903

These costs typically encompass various components of a trip, including transportation, accommodation, food, and entertainment expenses. Understanding these averages can help travelers budget for their next escape effectively.

For more detailed information on vacation costs, you can refer to insights provided by Bankrate.