Save Hundreds on Concert Tickets with These 7 Tips
Concert ticket prices have been on the rise for the past 20 years, surpassing the increase in the cost of other consumer goods by a significant margin. Attending live music events by your favorite artist today means potentially spending a substantial amount of money. For instance, the secondary market ticket prices for Taylor Swift’s Eras tour stops in Miami in October 2024 averaged at $3,472 as per a SeatPick study.
Although artists like Taylor Swift, Sabrina Carpenter, Olivia Rodrigo, and Noah Kahan command high ticket prices, there are still ways to enjoy live music without breaking the bank. As an avid live music fan myself, I make sure to catch local shows twice a week and attend at least three larger concerts at stadiums or amphitheaters monthly. Even for big names like K-pop sensation Jin, I’ve been able to secure affordable tickets.
While tickets for major artists may always come at a premium, there are strategies you can employ to save money. Concert ticket prices have been escalating over the years. Data from Pollstar reveals the average ticket prices for the top 100 tours as follows: $85.03 in 2018, $91.18 in 2019, $102.72 in 2022, and $122.84 projected for 2023. This data underscores the faster growth of ticket prices compared to inflation and the escalating costs of other goods.
To help you save some hard-earned cash on concert tickets, here are my time-tested tips along with lessons learned from my own ticketing mishaps. These strategies range from purchasing tickets during slower sales periods to joining fan clubs for exclusive presale opportunities. By being strategic and informed, you can still enjoy live music without blowing your budget.
In conclusion, attending live music events can be a fulfilling experience, and with the right approach, you don’t have to empty your wallet to enjoy your favorite artists in concert. By leveraging these tips and being proactive in your ticket purchasing strategy, you can navigate the rising costs of concert tickets and still make great memories at live music events.