Comparing Travel Cost: Planes, Trains, and Automobiles
My wife was excited to see her dad for the first time since he moved to Texas over three years ago. While talking with him to get his travel plans, she found out he was actually taking a bus. He thought taking a bus would be cheaper than flying, but when he stated he paid over $300 for a one way bus ticket I was sure there was a cheaper way for him to travel.
I compared the cost of a one way ticket to travel from Dallas, TX to Minneapolis, MN by train, plane, bus, and automobile. Here’s what I found:
Greyhound Bus:
- Advance purchase (no refunds) : $89
- Refundable Ticket : $187
- Travel Time: 23 hours
- Advantage : Inexpensive, don’t have to drive
- Disadvantages : Long travel time
Amtrak:
- Value Ticket: $185
- Travel Time: 22 hours
- Advantages : Don’t have to drive
- Disadvantages :Long Travel Time, cost
Airplane:
- Coach Ticket: $83.10
- Travel Time: 2 hours 31 minutes
- Advantages :Short travel time, cost, don’t have to drive
- Disadvantages : Have to leave the ground (some people don’t like to fly)
- NOTE: We could have reduced this cost by comparison shopping for flights…I just didn’t.
Car Rental:
- One Week Car Rental : $241
- Travel Time: Variable
- Advantages : Have transportation at destination
- Disadvantages: Cost (gas too!), travel time,
The cost of the bus ticket I found didn’t seem to correlate with what my father-in-law paid for his ticket. By playing around with the dates I found that a bus ticket becomes more expensive when the travel date is very close. When I asked my father-in-law some questions, I found that he purchased his ticket just a few days before he left, and he didn’t do any research regarding cost. He just assumed a bus ticket would be less expensive.
Image courtesy of ddpavumbaat FreeDigitalPhotos.net
The cost of every one of these options will vary based upon how close your travel date is, as well as your starting and ending location. Never assume that one method of travel will be cheaper than another. Give yourself plenty of time to investigate and weigh your options, then make an educated decision.
Brock is a software engineer by day and personal finance blogger at night. He is a fitness junkie and enjoys grilling and smoking meat. Married with two children, Brock strives to improve his skills as a husband and father, and is always on the lookout to stretch his family’s budget as far as he can.
Dan says
Also use incognito mode when browsing, flights.google.com for most all flight options, and consider a dump fare if you can. By ‘dump fare’ I mean book with a layover where you actually want to go, and don’t take the final flight. This works great if you can make it on a carry-on piece or mail your baggage early.
When looking to book my wife’s work travel it was cheaper to book a flight to Ohio with a layover in Detroit rather than book a flight to Detroit. Both were ‘direct’ flights to Detroit, but the one considered a layover was $100 less than the official direct flight.
Scott says
Great analysis. Bus is often cheaper than flying, but having ridden on a bus for 26 hours it is well worth the expense to buy a plane ticket. Travelling with a family it’s usually cheapest to drive, but if you’re going in the winter then I would much rather fly and avoid the nasty roads.
Clarsisse @ Make Money Your Way says
I really hate it when travelling a bus for a long hours! I don’t like the idea sitting for how many hours and I think I only wasted my time on it.
Brock says
@Dan – interesting point about Incognito mode….I assume you’re saying it’s going to potentially give me different prices because it can’t tell what my location is? I’ve heard of the “dump fare,”….I think it’s hilarious that those sort of things even exist. Shows you how stupid the pricing structure of buying an airline ticket really is.
Brock says
@Scott – good point about traveling with family….if you’ve got a spouse and kid(s) with you, airline tickets add up quick!
Brock says
@Clarsisse – I’d probably be the same way….but it’d be better than driving!!! 🙂
Dan says
@Brock Pretty much. Incognito mode dumps any cookies from the session, so when the site looks through your cookies to see how long you’ve been researching this trip it doesn’t see you are serious and jack up the fare a little.
They tend to look at your history and if they can tell you’re serious, they’ll gouge you for every dime they can.
Brock says
@Dan – Wow, that’s unreal. Great tip – thanks for sharing!