Yes, Premium Economy is significantly more expensive than standard Economy, typically costing 40% to 100% more depending on the route and airline. In 2026, the price gap exists because Premium Economy is a distinct cabin class, not just a seat with more legroom. It usually offers wider seats with deeper recline, upgraded meal service, priority boarding, and an increased baggage allowance. For a long-haul flight (e.g., London to New York), a standard Economy seat might be $800 while Premium Economy could be $1,500. While it is much cheaper than Business Class (which can be 3–5x the price of Economy), travelers must weigh whether the extra comfort is worth the several hundred dollar premium, especially on flights under six hours where the benefits are less impactful.