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Flight prices are expected to drop this year. Here's what you need to know

Travel + Leisure cited an analysis showing prices are currently down 12% from the same time last year.

CHARLOTTE, N.C. — If a vacation seems out of reach and out of mind there might have some data to change that.

A new analysis from flight booking magazine Travel + Leisure says plane tickets are going to be cheaper heading into 2024. Going.com says airfare dropped 24% from May 2022.

Travel + Leisure cited an analysis showing prices are currently down 12% from the same time last year. 

WCNC Charlotte is always asking "where's the money?" If you need help, reach out to WCNC Charlotte by emailing money@wcnc.com.

Travelers may see fares even lower than pre-pandemic prices. It's why the TODAY show caught up with a travel expert to explain the change in trend.

"Airfare has been on this downward trend 13 out of the last 19 months," Katy Nastro, a travel expert with Going said. "We haven't really seen these prices, or the average price of airfare being this low since about 2009. And when you adjust for inflation, it's about 40% cheaper than it was a decade ago."

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Other advice includes keeping an eye out on prices using tracking apps or websites like Hopper, Skyscanner and Google Flights. 

Contact Kia Murray at kmurray@wcnc.com and follow her on FacebookX and Instagram. 

WCNC Charlotte's Where's The Money series is all about leveling the playing field in the Carolinas by helping others and breaking down barriers. WCNC Charlotte doesn't want our viewers to be taken advantage of, so we’re here to help. Watch previous stories where we ask the question “Where’s the Money” in the YouTube playlist below and subscribe to get updated when new videos are uploaded.

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