Travel may be getting more expensive, but that’s not stopping Americans from splurging on bucket-list vacations. According to a recent study, more than 45% of U.S. travelers say they’re increasing their travel budget this year, while nearly 24% plan to spend more for a premium travel experience. That appetite for luxury and once-in-a-lifetime adventures is reflected in the recent study that ranks the world’s most expensive travel destinations. To create the rankings, researchers compared the average cost of flights, hotels, local transportation, meals and travel insurance. The results show that the “Iceberg Capital of the World” — Greenland — is ranked as the most expensive destination overall, with an average weekly trip cost of $8,197. Travelers can expect to pay an average of $1,357 for flights, while daily car rentals run around $110 a day — the highest in the study. Even meals at cheap restaurants average $36, making Greenland one of the costliest destinations across every category. Its remote location and limited infrastructure add to the overall cost of visiting. Coming behind Greenland is the British Virgin Islands in second place, and French Polynesia in third.
