Dream Vacation – What is Yours?

Patrick Cote |


Travel is up 25% over last year with 85% of adults planning to travel this summer.  The average cost of a dream vacation for two can vary greatly depending on factors such as the destination, duration of the trip, type of accommodation, and personal preferences. 

On average, for a moderate-level dream vacation, you can expect to spend anywhere from $5,000 to $15,000 or more for two people. This estimate includes round-trip airfare, accommodation, meals, transportation within the destination.  Keep in mind that prices for flights, accommodations, and other travel expenses can fluctuate depending on the season, availability, and location.

Do you enjoy traveling, having new experiences, and meeting new people?  If the answer is yes, make sure you incorporate a travel goal in your financial plan. 

  1. Set travel goals: Determine what type of travel experiences you want to have and the frequency of trips.
  2. Estimate travel costs: Research the destinations you're interested in visiting, consider both the average costs and the high-end costs to ensure you have a realistic estimate.
  3. Plan ahead and take advantage of deals: Planning well in advance allows you to take advantage of early bird discounts or off-season prices. Consider flexible travel dates to find the best prices.

Remember that travel is a discretionary expense, and it's important to balance it with your other financial goals. By incorporating travel into your financial plan, you can make your dream vacations a reality while maintaining your overall financial health.