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Why Ticket Prices For Concerts, Sporting Events And More Have Gone Up

Why Ticket Prices For Concerts, Sporting Events And More Have Gone Up

Newsy
Friday, April 29, 2022 08:14:22 AM UTC

Ticket prices have risen, and fans are spending more money than ever at leisure events.

After being stuck inside their homes for years due to the pandemic, Americans are eagerly rushing to get out.

Whether that is to concerts, sporting events or the theater — activities were expensive before the pandemic, and they haven't gotten any cheaper.

According to Pollstar, the average ticket price for the 100 biggest concerts rose from $28.50 in 1996 to $87.10 in 2021. Fans are also spending more money at these concerts than ever. According to LiveNation, on-site spending for food, drinks and merchandise rose by more than 10% from 2019 to 2021.

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