Personal finance

A tourist boat passes cowboy statues along Oklahoma City’s Bricktown Canal. Western heritage is a big draw in Oklahoma’s capital.
Oklahoma City Convention and Visitors Bureau

Ready to head out on vacation after the long pandemic-era drought — but not looking to go broke in the process?

Online airport parking platform ParkSleepFly has ranked the most — and least — affordable choices out of 51 U.S. destinations for vacationers, weighing six metrics ranging from the average price of a beer to the typical cost of a night’s accommodations.

The capital of Oklahoma, the aptly named Oklahoma City, came it at No. 1, ParkSleepFly found, with a score of 8.58 out of a possible 10. Thanks to great deals like beers for as little as $3, $11.50 restaurant meals and $106 for a hotel room, “Oklahoma City tourists could extend their vacations almost three times longer than if visiting New York for exactly the same price,” said ParkSleepFly CEO Martin Jones.

“Despite not being the top of most people’s bucket lists, Oklahoma City is a great place to visit,” Jones added, noting that rodeos, horseback riding and roping and herding cattle are all popular local activities, among other, more obviously urban pastimes. “Known for its cowboy culture, the city is a must-visit for tourists wanting to experience the Old West.”

More from Personal Finance:
Here are the world’s top 10 spots for ‘workations’
Working remotely? Your 2021 tax situation may get complicated
New apps match travelers with trips that fit budget, points balances

Speaking of the Old West, three cities in Texas — San Antonio, Houston and Fort Worth — made the top 10 for affordability, ranking fifth, sixth and seventh, respectively. The other affordable destinations (in descending order of affordability) included Indianapolis, Indiana, at No. 2; Tucson, Arizona (3); Memphis, Tennessee (4); Louisville, Kentucky (8); Orlando, Florida (9); and Raleigh, North Carolina (10).

What cities should you avoid to steer clear of high vacation costs? No surprises there, said Jones. The five most expensive U.S. destinations included, at No. 1, New York City (in general), and, at No. 4, its constituent borough of Brooklyn. Their affordability scores were just 2.56 and 3.76, respectively, out of 10.

10 Most Affordable U.S. Destinations

Online airport parking platform ParkSleepFly compiled a ranking of the most and least affordable U.S. destination cities for vacationers, weighing metrics such as the prices of alcoholic beverages, restaurant meals, transportation and accommodations to achieve a “vacation affordability score” of 1 to 10. Here are the top 10 most affordable spots and their score (out of a possible 10):

  1. Oklahoma City, Oklahoma — 8.58
  2. Indianapolis, Indiana — 8.00
  3. Tucson, Arizona — 7.96
  4. Memphis, Tennessee — 7.87
  5. San Antonio — 7.77
  6. Houston — 7.73
  7. Fort Worth, Texas — 7.70
  8. Louisville, Kentucky — 7.67
  9. Orlando, Florida — 7.65
  10. Raleigh, North Carolina — 7.62

Source: ParkSleepFly

The Big Apple, all told, is most expensive in 4 of the 6 metrics examined: beer ($7.81), bottle of wine ($15), restaurant meal ($20), and hotel stay ($309 per night.) Those prices are double or triple those found in Oklahoma City.

Second most expensive, according to the study, is San Francisco, followed by Boston at No. 3. Philadelphia rounds out the top five priciest places for visitors.

“Some of the most popular tourist destinations in the U.S., such as New York and San Francisco, are unsurprisingly the most expensive destinations to stay,” Jones said. “However, if you do have an upcoming trip planned, there are a number of ways you can cut costs during your stay.”

Heart set on NYC? How to save

New York City and its borough of Brooklyn both placed among the most expensive U.S. destinations. Pictured, the Brooklyn Bridge and lower Manhattan.
Tim Robberts | Getty Images

Jones’ tips for saving money while on vacation, no matter your destination, include:

  1. Choose alternative accommodations: “Airbnb’s or timeshares, can be a great way to cut costs on your next U.S. vacation. If you’re willing to give up a little luxury (and privacy), hostels can be an amazing way to save money.”
  2. Dine in: “Staying in a lodging with a kitchen can also save you money on food and drink. Although restaurant dining is a great part of your vacation experience, try cooking and eating in your accommodations for at least two meals a day to save some dollars.”
  3. Take public transit or walk: “Choosing public transportation can save you lots of money. Alternatively, exploring your destination by foot is not only a great way to save money but one of the best ways to truly experience a city.”
  4. Visit free attractions: “You don’t have to spend a lot to see the sights of the city you are visiting. In fact, all of the most expensive destinations on our list have a ton of things to see and do for absolutely no cost at all.”

ParkSleepFly, an online platform at which travelers can book one- or two-night hotel deals that include long-term parking privileges and airport shuttle service (in lieu of traditional airport parking arrangements), ranked 51 U.S. cities on the following factors, giving each a normalized score out of 10 for each factor, before taking an average across all criteria to give a final affordability score out of 10:

  • Cost of a domestic 0.5-liter draft beer;
  • Cost of a midrange bottle of wine;
  • Cost of a meal in an inexpensive restaurant;
  • Average 1-kilometer taxi fare;
  • Cost of a one-way ticket on local transit; and
  • Cost of a nightly weekend stay at a hotel.

According to ParkSleepFly, all prices are from Numbeo’s Cost of Living index, with the exception of nightly hotel prices, sourced from Kayak and calculated based on the average price on a Friday and Saturday night over the two weeks ending Aug.12, 2021.

Articles You May Like

An options strategy to generate income on this ‘Dog of the S&P 500’ – and perhaps buy it cheap
‘Returnuary’ — after the peak shopping season comes the busiest return month of the year
IRS to send 1 million taxpayers up to $1,400 in ‘special payments.’ How to know if you’re eligible
What a government shutdown could mean for air travel
How the Federal Reserve’s rate policy affects mortgages