Financial constraints are affecting which types of summer travel are feasible for most surveyed Americans this year, according to a recently released report.
Late last month, the job-finding platform Monster released its Staycation Summer Report, which shed light on how U.S.-based travelers are planning out their finances and close-to-home travel experiences this season. The company claims that due to “sustained financial pressure,” staycations can be a loophole for wallet-conscious travelers.
Monster used SurveyMonkey to gather responses from 1,005 U.S.-based respondents between April 20 and May 4 of this year. The survey found that 52% of workers noted rising living costs as to why they’re staying home more often this summer. Additionally, 39% said they’re taking fewer vacations. The survey, which received responses from those aged 18 to 65+, found that only 17% said their summer plans haven’t been impacted.
What Else Should Travelers Know About Summer 2026 And Staycations?
The survey and report’s larger picture highlighted that U.S. workers are cutting back in other areas as well. Over half (54%) said that they’ve “reduced dining out or entertainment spending.” Another 38% said that they’ve delayed making a major purchase, and another 31% noted that they’ve reduced their driving.
With financial realities in mind, Monster dubbed this season “The Summer of Staycations.” In a press release for its June-released report, the brand said, “Rising living costs are pushing workers to scale back travel, prioritize savings, and seek more affordable ways to enjoy their time off. Rather than abandoning summer, Americans are redefining it, as many trade vacations for staycations and make the shift toward a more cost-conscious approach to leisure.”
Staycations can be wallet-friendly alternatives when you can’t travel, as they can be cheaper than vacations away from home. You may significantly save money (or scrap your expenses completely) on transportation, accommodations, and dining. Additionally, things like local attractions, spas, classes, workshops, and city tours may be cheaper where you live than a destination on your travel bucket list. And while it may not fully satisfy your wanderlust, a staycation can be a great way to enjoy your city through a refreshed lens. Also, like a vacation away from home, you can still use a staycation to intentionally prioritize rest and time away from certain everyday stressors.
A staycation is about doing what makes sense at the time for you and your budget. Just like a “typical” vacation, you can make your local stay more affordable or expensive. Moreover, you can do it solo or with friends or family.
The best staycation hotels can be found all over the country, so it’s likely you can find one close to you for an upcoming summer getaway.
