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Concert ticket prices have significantly increased, driven by factors like high demand and market conditions. For artists like Taylor Swift, Luke Combs, and Beyoncé, fans are willing to pay hundreds or even thousands to attend their shows. Bad Bunny, named the top touring act of 2022, had an average ticket price of $225, with the lowest around $150. In contrast, the average concert ticket price has jumped from $28.50 in 1996 to approximately $108 for today's top 100 concerts—an increase of nearly 18% compared to pre-pandemic prices. Dr. Andrea Loma, an entertainment management expert, notes that pent-up demand after the pandemic has fueled this price surge, highlighting the changing landscape of live music events.
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