For the big summer music festivals – Lollapalooza, Bonnaroo, EDC– you drop at least $200 and sometimes even $400 for three days of music. Is the hefty price fair, though?

lollapalooza

In a recent analysis, NerdWallet found that the answer for dance-music fans is “yes” – at least at Lollapalooza and Austin City Limits. In his study, analyst Mike Anderson found that Lollapalooza is such a good deal for Electronica fans that they save over $300 on their purchase.

ticket discount

At other upcoming music fests, the deal isn’t as sweet. At Outside Lands, for example, the dance acts are so thin that fans lose $64.67.

Methodology

To make these calculations, NerdWallet found the value of each artist with concert prices from their regular, headlining shows. The final, net value was then calculated with the following formula:

Gross value of dance acts – Ticket price = Net value

In calculating these festivals’ gross value, NerdWallet simulated the festival experience of your typical concert-goer. That meant the

group accounted for:

  • Scheduling conflicts
  • Shorter sets at festivals
  • Inflation (where applicable)

For more detail on NerdWallet’s analysis, check out the full study on their website.