02/04/2011 01:01 pm ET | Updated May 25, 2011

Domestic Airfare Prices Jump 11%

The average cost for domestic airfare increased nearly 11% in the last year, with New Jersey claiming airports with both the least expensive and most expensive airfare.

According to a new report released by the Bureau of Transportation Statistics (BTS), flying out of Newark Liberty International Airport will cost you: the airport was ranked as the most expensive in the nation for the third quarter of last year, with an average cost of more than $468.

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