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In 1976, concert tickets cost less than $10. Now, they can go for thousands. What happened? (www.marketplace.org)

submitted 4 months ago by [email protected] to c/[email protected]

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[–] [email protected] 10 points 4 months ago (1 children)

I punched $10 1976 into the Bank of Canada inflation calculator and got $52.27 today. If you are being fair, this is the number to compare against. (Inflation may vary by country.)

There are a lot of concerts you can still go to today for $52. Just avoid A-list arena shows.

[–] [email protected] 17 points 4 months ago (1 children)

Not before you add fees and whatnot. A $50 face value ticket is easily $70-80 once Ticketmaster adds all their BS to it.

[–] [email protected] 4 points 4 months ago

I don't know if the same is true in other regions, but of the 4 shows I bought tickets to in the past 2 years, the most expensive were $56 after tax.

Ticketmaster is awful, but I've still been able to find at least some of the shows I want to see at reasonable prices.

Granted these haven't been huge acts, but big enough that I could mention them to certain friends and be reasonably sure they'd know what I was talking about even if we'd never spoken about the band before.