Airfare hikes are just as much as this year

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Airfare hikes are just as much as this year

Revenge travel is extracting a toll on people's wallets. As many have focused on rising mortgage rates and car prices, the cost of travel has quietly and consistently risen at major airports across the nation.

In Miami, where the average domestic airfare has increased just over 31% in the past year, from $281.04 in the first quarter of 2022 to $368.31 in the first quarter of this year, according to new data compiled by SmartAsset.

On average, airfares were up 16% globally in that period, with a few exceptions and of all the airports with 100,000 or more passengers that the survey looked at, only one saw a price decrease year-on-year: Kahului Airport in Hawaii.

If you wanted to travel to or from Florida, you had to pay a premium to travel to or from Florida. The two Southwest Florida International AirportsFlorida International Airports of Fort Myers and Tampa International also made the list.

The average outbound ticket costing 20 percent more on average in New York City than last year, making it a particularly steep hike.

What are the most notable airfare increases at the top 15 airports?