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The Real Cost of Celebrating July 4th

By Lewis Braham and Nikhil Hutheesing - 2013-06-28T15:04:23Z

Photograph by Getty Images

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AAA projects that 40.8 million Americans will travel 50 miles or more from home during the Independence Day holiday weekend, down 0.8 percent from last year. Those traveling by vehicle will find gas prices at $3.61 per gallon (as of June 17), compared with $3.71 a year earlier. The average distance traveled is expected to be 613 miles, down 100 miles from last year. Median spending is estimated to be $747, about the same as last year as many people continue to economize. Many travelers surveyed said they would stay with friends and family.