It’s costly to go to concert events in Colorado. Let’s dig into why.

The primary live performance Jonathan Kahn ever attended at Pink Rocks Amphitheatre was Loggins & Messina in July 1976. Practically 50 years later, Kahn is parked within the decrease south lot of the enduring outside venue, sitting within the doorway of his Sprinter van with a Snarf’s sandwich, ready for a storm to blow by way of earlier than he heads inside to listen to Hiatus Kaiyote and Masego. 

Kahn stated he had been to 5 Pink Rocks reveals this yr, shaking his head barely — that quantity was rather a lot greater. 

Kahn isn’t the one one who has slimmed down his annual live performance consumption. General attendance at cultural establishments throughout the state is down, in line with the Colorado Enterprise Committee for the Arts. In a survey of 285 cultural establishments, attendance between 2019 and 2022 decreased by 15% in metro Denver and 22% in Colorado exterior of metro Denver. 

A few of that dip is because of the truth that some folks nonetheless don’t — and will by no means — really feel comfy attending occasions with giant crowds after the pandemic. However extra of that dip is attributed to the truth that leisure is “a need not a necessity,” stated Brian Kitts, Denver Arts and Venues spokesman. Folks regulate their spending in line with what they really feel they’ll afford. And when the price of dwelling is up in each different facet of life, the quantity that individuals are keen to spend on tickets to concert events, performs and museums goes down.

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In 2018, the share of an individual’s total expenditures on arts and leisure was 6.1% in metro Denver, considerably greater than the nationwide common of 5.1%. In 2022, that share was 4.9%, decrease than the nationwide common of 5%. In {dollars}, this equates to roughly $500 per particular person per yr much less in spending. 

Some consultants anticipated a post-COVID worth leap that artists and promoters would use to offset misplaced income from the pandemic. That was true in 2021, when ticket costs elevated about 15% at Pink Rocks and almost 45% on the Denver Coliseum. However this yr the common worth decreased from 2022’s averages, indicating a leveling-off of ticket costs. 

Nonetheless, the rise within the common ticket worth over the previous 5 years is considerably greater than year-over-year inflation charges. For example, the common worth of a ticket to a Pink Rocks live performance has grown 31% since 2018, whereas inflation for metro Denver is about 24% over that very same interval.

Probably the most dramatic change to ticket costs comes from the introduction of service charges. Previous to the Eighties, when Ticketmaster launched, venues paid the ticketing servicer. However Ticketmaster flipped that mannequin, paying venues in change for being employed to deal with ticketing after which handed the prices on to prospects within the type of service charges.

Since these charges are considerably arbitrary — hashed out in negotiations between the ticketing service, the live performance promoter and the venue — service charges as an entire have generated a brand new rising value for concert-goers impartial of inflation or post-pandemic economics. The opaque prices add to the frustration of spectators upset that exterior forces are gouging their leisure budgets.

Under we’ve pulled collectively among the ticket worth traits over the previous 5 years, and laid out the price of an evening at Pink Rocks primarily based on three completely different budgets. 

A&E spending | Ticket costs | Price of Pink Rocks | Service charges | Heard within the crowd

Bellco Theatre noticed the largest ticket value improve at 52.8% previously 5 years. Word: Information for 2020 was not included as venues closed because of the pandemic.

Capability for every venue:

Pink Rocks Amphitheater 9,545
Bellco Theatre 5,000
Denver Coliseum 10,000
The Black Sheep 450

Change between 2018 and 2023 for every venue:

Pink Rocks Amphitheater 31.0%
Bellco Theatre 52.8%
Denver Coliseum 14.5%
The Black Sheep 34.33%

Denver annual inflation:

2018 2.7%
2019 1.9%
2020 2.0%
2021 3.5%
2022 8.0%
1st half 2023 5.6%