It could be cheaper to fly abroad than domestically this Thanksgiving. Here’s why.

It could be cheaper to take an international trip this Thanksgiving holiday than to fly much shorter routes within the US

For example, according to Kayak, an online travel agency and flight search database, a trip from New York to Reykjavik, Iceland costs about the same amount — $476 — as a flight from New York to Milwaukee, Wisconsin.

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Travelers could also hop on a flight from Los Angeles to Lima, Peru, for the same cost as flying from LA to Chicago. Flights from Boston, Chicago, Dallas, Denver, Miami and Washington, DC to Germany, Colombia, Croatia, Mexico, Spain and other countries also cost around the same price as some domestic flights within the US

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One reason for cheaper international fares: the congestion at US airports and hordes of passengers traveling for Turkey Day.

“During this period, demand for domestic travel is certainly increasing as Americans travel to visit family and friends for vacations,” said Matt Clarke, Kayak’s senior vice president of marketing.

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Trip prices reflect searches for average return economy airfares from major departure cities between May and September during the Thanksgiving travel season.

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Although air travel has recovered from its pandemic lows, domestic air travel has recovered faster than international travel.

“Many international travel destinations have come back more slowly. But as travel restrictions have eased and travelers have become more comfortable, demand for international destinations is increasing,” Clarke said.

Domestic flights are on average 39% more expensive than before the pandemic, according to Kayak. International ticket prices have increased by 28% compared to the same period in 2019.

“This is a good opportunity for Americans who are interested in traveling abroad to get value for their money. It’s good from a value perspective,” Clarke said.

Americans traveling to Europe will surely see theirs dollars go further, given its rising value against the euro and sterling. That The British currency crashed this week, slipped against the dollar to hit an all-time low of just under $1.04; by Friday it had recovered to $1.09, according to Oanda. One euro is now worth 97 cents.

“Americans will have additional purchasing power compared to years past once they reach their goal,” Clarke said. “This is a particularly good opportunity for budget travelers.”