Cost of travel around US on the rise, IN city named best to retire

(AP Photo/LM Otero, File)

INDIANAPOLIS (WISH) – The cost of getting around the United States is on the rise, and an Indiana city is named one of the best to spend your golden years.

According to the Bureau of Labor Statistics, in the past year the cost of travel by bus, train, subway and ferry rose by 4 percent.

A year earlier, these costs were falling at a 3 percent rate.

The price of airline tickets are also back on the rise after declining steadily from the summer of 2014 to early 2016.

In other business headlines, if you are looking for a good city to retire, you should consider Bloomington.

Kiplinger’s Magazine said the home to Indiana University offers learning programs, day trips and symposiums for retirees. The Myriad sporting events and concerts compensate for the cold winters.

Also, resides ages 50 and older receive 50 percent off tuition at IU.

For more business headlines from Jane King at the Nasdaq, watch Daybreak Monday through Friday.

 

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