Travel booking site Travelocity.com reviewed fares for flights between November 17th and 27th -- and found that the average domestic round trip will cost $386, including taxes. That's nearly 9% more than the same period in 2011.
So why the increase in price?
They say more passengers are vying for fewer seats, along with the fluctuating price of fuel, are pushing up ticket prices. Travelocity says airlines also tack on surcharges for peak travel times around the holidays that can range from $20 to $40 one way because the demand is so high for these flights.
Travelocity officials say you shouldn't wait until the last minute or you could be looking at round-trip fares as high as $600.
However, there are ways to save on that flight to grandmas. Savings can be found by booking the flights early, by traveling on the holiday itself, or choosing a smaller airport. Early-morning flights that leave on Thanksgiving can save a lot of money. Returning the next day, or the Tuesday after the holiday, could also mean savings of up to $288.
Travel experts say hotel prices have only gone up slightly. Also if you're looking to save, mobile apps or scanning social media sites such as Twitter could help you find hotel bargains and flight deals.