Depending on your taste in music, attending a summer concert might be harmonious with your budget—or strike a discordant note.
The average secondary market price for a summer concert ticket is $190.60, according to data from marketplace ScoreBig.com. But expect wide swings based on your artist of choice—the average resale price to see the Grateful Dead, for example, is $1,016.20. (Tweet this.) Meanwhile, tickets for The Decemberists average $80.97. (See charts below for more of the summer's most and least expensive artists on tour.)
Fans of certain genres may be in luck, too. "This seems to be the year to be looking at country music," said Alison Burnham, vice president of analytics and pricing for ScoreBig. The typical resale price in that category is 2.4 times face value, versus almost 3.4 times face value for pop music.
Bargain hunters are too late to take advantage of one concert savings strategy, buying at the box office when there are still (relatively) inexpensive tickets to be had. Which leaves them with the other extreme: Procrastinate. Analysts say the pattern for concert ticket prices on the secondary market usually entails a spike shortly after box office sales begin, followed by a slow but steady decline.
During summer 2014, buying on the day of the concert saved concertgoers 21 percent on top 10 acts compared with prices a month out, said Connor Gregoire, a spokesman for secondary market aggregator SeatGeek.com. On the rest of the summer concert market, the procrastination savings was 37 percent. "If there's a show you're looking out for and you haven't gotten your ticket yet, you're playing it smart even if you don't know it," he said.