October Airfare Is the Cheapest It's Been in 6 Years — Here Are the Best Places to Go (Video)
Now's the time to book a cheap fall trip.
Pack your scarf and a light jacket, because domestic flights in October are the lowest they have been in six years, according to a new report.
Travelers will find airfare in October as low as $211 roundtrip if they’re flying within the U.S., according to a report on Tuesday from flight tracker Hopper. That is a 3.1-percent decrease from the same time period last year.
Related: The Best Places to Travel in October
Hayley Berg, an economist with Hopper, told Travel + Leisure in an email that the decreased fares are being driven, in part, by increased competition among airlines and the expansion of low cost carriers in the U.S. market.
“October is typically a low month for airfare, given the lower demand for travel in the period between summer and the end of year holidays,” Berg said, adding, “Increased competition in the airline industry has driven airlines to expand their fleets and drop prices in an effort to capture a larger piece of the growing demand for travel.”
Berg added that the price of jet fuel, which is lower than last year’s prices, make it a “lower cost environment” for the airline industry.
October also happens to be one of the best times to travel with dazzling fall foliage, mild weather, and fewer crowds than peak summer or holiday periods. If you’re still debating where to go, Hopper’s Consumer Airfare Index predicts that prices to destinations like Austin, Texas and Fort Lauderdale, Florida, will continue to drop more than 30 percent.
The month of October isn’t just great for U.S. locales, it also falls right in the middle of one of the best times to fly to Europe. Luckily, Hopper predicts that travelers looking to head to Iceland can save up to 42 percent if they watch the fares (and October just happens to be one of the best times to check out the country’s hot springs when you can still access them by road but there are far fewer crowds).
If sticky rice and hot climates are more your thing, Hopper predicts that prices to Bangkok will drop by about 40 percent for October.
While October remains an inexpensive time to get away, prices will likely increase again around the Thanksgiving holiday and then again around spring break, so get in those vacations while you can.