Live performance pageant goers are neatly mindful that price ticket costs are skyrocketing, however because of new analysis from FinanceBuzz, we now know simply how a lot price ticket costs have greater since their early days for some primary gala’s. We will be able to see which gala’s were in a position to scale back inflation to some degree.
How a lot have pageant price ticket costs greater during the last decade?
Probably the most key findings of this FinanceBuzz learn about is that day by day normal admission costs at primary song gala’s have greater by way of 55% since 2014.
That is a stunning quantity, nevertheless it turns into much more attention-grabbing whilst you examine it to the U.S.’s exact home inflation fee of 32 p.c over the similar length.
That stated, some gala’s have controlled to stay costs down. Considered one of his gala’s, referred to as Extremely Miami, has price ticket costs the similar as his 2014. In the meantime, costs at different gala’s, such because the Electrical Woodland Competition, have greater considerably. Digital song and jam band gala’s greater by way of 97%.
Tune pageant price ticket costs bounce
Which gala’s had the least build up and which gala’s had essentially the most build up?
As in the past discussed, Electrical Woodland noticed the biggest build up during the last decade, with Suwannee Hulaween and Shakey Knee Competition each up 84%. The multi-genre Out of doors Lands Competition is up 76 p.c, and the country-focused Stagecoach is up 72 p.c.
Coachella, alternatively, used to be the pageant with the second-lowest build up, at simply 43%. Chicago-based Lollapalooza used to be up simply 49 p.c, whilst New Orleans Jazz and Heritage Fest, Burning Guy, and Governors Ball had been every up 50 p.c.
The least build up in price ticket prices for song gala’s
How a lot has the pageant greater in worth since its first yr?
It is attention-grabbing to look how a lot costs have modified, particularly for gala’s which have been happening for many years.
The New Orleans Jazz & Heritage Competition and Glastonbury each started in 1970. In 1970, admission to the New Orleans Jazz Competition went from $3 to $105 in 2024. Admission to Glastonbury in England used to be simply £1. Tickets then price £71; tickets price £71 these days.
Coachella began in 1999, and single-day tickets rose from $50 to $166. A normal admission price ticket to Bonnaroo, which price him $33 in 2002, will price him $109 in 2024. See a comparability of different gala’s of their first yr under.
Tune pageant prices have greater because the first yr
How had been the consequences compiled?
For this FinanceBuzz learn about, price ticket costs for 2024 gala’s had been acquired without delay from every pageant’s reliable site, whilst ancient costs had been acquired from the newest information articles printed in every yr.
All calculations and price ticket costs are in keeping with the cost of a unmarried day normal admission price ticket for every pageant. If single-day tickets aren’t bought, the price of a multi-day normal admission price ticket is split by way of the collection of days it’s legitimate. Costs don’t come with taxes or charges.
learn extra: Are living Country CEO explains live performance price ticket costs and costs, needs to introduce all-in pricing
Inflation charges are in keeping with the Bureau of Exertions Statistics’ CPI Inflation Calculator. Inflation charges had been amassed in February 2024.
Be told extra about FinanceBuzz analysis right here.
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