Airfare Plummets as Domestic Flights Average $257

Airfare has decreased during a summer marked by expensive travel costs, with domestic round-trip airfare averaging $257 in late July, an 11% drop from the previous year, as per data from the flight-booking app Hopper. This is a notable decrease from the approximately $300 average cost over the Fourth of July weekend. International fares have also fallen, with the average price for a round-trip flight to Europe being $813, though it's still 7% higher than pre-pandemic rates. Hopper's projections indicate domestic airfare averaging $267 in August and peaking around $283 in late November and early December.