- California Assembly OKs highest minimum wage in nation
- S. Korea unveils first graphic cigarette warnings
- US joins with South Korea, Japan in bid to deter North Korea
- LPGA golfer Chun In-gee finally back in action
- S. Korea won’t be top seed in final World Cup qualification round
- US men’s soccer misses 2nd straight Olympics
- US back on track in qualifying with 4-0 win over Guatemala
- High-intensity workout injuries spawn cottage industry
- CDC expands range of Zika mosquitoes into parts of Northeast
- Who knew? ‘The Walking Dead’ is helping families connect
Magic number is 54 for cheapest plane tickets
Finally, there’s a scientific answer to that magic number of days before a flight when tickets are at their cheapest.
Fifty-four days before takeoff is, on average, when domestic airline tickets are at their absolute lowest price. And if you don’t hit 54 days on the head, you should usually book between 104 to 29 days before your trip for the lowest possible prices. During this period, ticket prices typically hover within $10 of the lowest price they’ll ever reach.
At least that’s what the data from 2013 tells us.
The folks at CheapAir spent the last year analyzing over four million airline trips. They tracked ticket prices from 320 days before takeoff all the way up until the day before, calculating precisely which day each one hit its lowest point.
Air travelers tend to believe they’ll find the lowest of low prices when they book “at the last minute.” This, according to all present data, is 100 percent false.
The researchers found that, on average, a ticket was at its highest price on the day before the flight. The second-highest price was two days before the flight, the third-highest was three days before… and so on, all the way to 13 days before the flight.
While the researchers found that 54 days was indeed the magic number for booking on average, they’re quick to point out that this isn’t a hard-and-fast rule: your flight’s “best price” window depends a lot on the specific trip you’re taking.
If you’re going somewhere incredibly popular at an incredibly popular time, like spring break in Florida, you should book well before the “prime booking window” begins.
When there’s constant, strong demand for a flight, the researchers explain, airlines have no incentive to lower ticket prices as time goes on.
The same principle holds true for flights to hard-to-reach airports in small cities: there’s little airline competition here, so ticket prices don’t drop nearly as much over their lifespan.
Foreign countries are incredibly popular destinations with hard-to-reach airports, so the researchers suggest booking much earlier than the 54 days recommended for domestic flights.