The industry is ready for a comeback with the 2022 festival season.
As Quartz found, the average price of a concert ticket rose from just $ 12 in 1981 to $ 64 in 2017, almost double the rate of inflation over the same period. Given the sheer volume of artists in the average music festival lineup, combined with the higher production budget, the premium per ticket significantly exceeds that of an average show.
In a data-supported exercise, Cool Camping tried to compile a list of the “best value festivals” based on a specific catalog of criteria. The company compared the price consumers pay for tickets to a variety of factors, including a combination of a proprietary "headliner value" formula, the price of a beer, the cost of groceries, and the number of days.
The best music festivals in the world
1. Balaton Sound – Hungary
2nd Sziget Festival – Hungary
3rd EXIT Festival – Serbia
4th Street Parade – Switzerland
5. Colors of Ostrava – Czech Republic
6. Sunburn – India
7. Rock am Ring – Germany
8th Wanderland Music & Art Festival – Philippines
9. Rock in Rio – Brazil
10th Open & # 39; er Festival – Poland
A number of festivals that focus on dance music made it into the top ten, such as Balaton Sound and Sunburn. The first US festival to make the list, Milwaukee & # 39; s Summerfest, climbed to number 11.
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All of this means that when the festival season is back in full swing, visitors should be careful about which experiences are best for their money.
You can read the full study by Cool Camping here.