Do I spend too much on vacations?

How much do people spend on vacations?

The average American household spends about $2,600/year on vacations (BLS Consumer Expenditure Survey 2023). Couples average $3,400, while families of 4 spend about $5,200. However, about 30% of Americans take no vacation at all.

Average annual vacation spending

• Solo travelers: $1,800/year
• Couples: $3,400/year
• Families (3–4): $5,200/year
• Large families (5+): $6,800/year

Where does the money go?

• Transportation: 35% (flights, gas, rental cars)
• Accommodation: 30%
• Food & dining: 20%
• Activities & shopping: 15%

Financial advisors recommend spending 5–10% of annual income on vacations. Going above 10% may impact other financial goals.