Yes, concert tickets really are getting more expensive – and Taylor Swift might be to blame
, Swift hasn't been revealing her nightly earnings to Billboard Boxscore, which usually tracks such data, but intends to provide them later. beating Elton John's farewell tourSwift is charging an average of $254 for a ticket to her shows, in the latest sign of the escalating price of fandom., she's in an exclusive group of acts charging more than $200 a ticket.
Tickers for seven of the top 25 acts this year cost more than that sum, per its analysis – up from just two five years ago. The cost of seeing Swift play has more than doubled since her"Reputation" tour in 2018. That's a much fast increase than the industry average increase of $37 in that time, per Bloomberg, not to mention far outpacing consumer price inflation generally.Still, the average cost doesn't reflect the huge prices being charged on the resale market. One 31-year-old fan named PaigeSwift has proven herself to be exceptionally savvy when it comes to the business side of her music empire.
The singer avoided a $100 million deal with the doomed crypto exchange FTX, in part because she asked whether the crypto and NFTs it was selling were"
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