Price rises + inflation

[knivesout]

Got bored and found a comparative price w/ inflation calculator (http://www.thisismoney.co.uk/money/bills/article-1633409/Historic-inflation-calculator-value-money-changed-1900.html). turns out that in real terms the price of a ticket has only risen by the equivalent of a fiver since 2009 (£175, the face value of that year corresponds to £204.70 now). Kinda reassuring when you consider the effort that has gone into expanding parts of the site like the SE corner in the last 5 years; shows that the eavii, if they wanted to, could chase the cash and compromise the spirit of the festival a lot more than they already do.

[hjglasto]

That is a nice surprise! Thought ticket price had gone up much faster than it would have done following inflation.

[ThomThomDrum]

That is a nice surprise! Thought ticket price had gone up much faster than it would have done following inflation.

[knivesout]

yeah, very welcome surprise really. shows that the festival industry may have reached peak inflation itself - the rise in prices between 03 and about 09 was far far higher comparatively.

[___S_o_m_a__]

Using that calculator 2004's ticket cost (£112) should be £150 today...

[RobertProsineckisLighter]

What measure of inflation?

[knivesout]

I think if you analyse from an earlier year than 09 it may have been more, but there is also a lot more to the festival so.............

[glasto-worker]

when I first went in 1979 it was £5 by todays money that works out at between £20 and £40 { depends which one you use }

so really it all depends on what starting point you use

2003 was the first year it broke the £100 barrier { £105 } and that works out at £145

sure it has got bigger but so has the trader fees.

I still think its good value but there has been some steep rises that some people may not have noticed

Sure they could charge more but you end up in a situation that only the wealthy can afford to attend.

[Glastonlocal]

How much is a pint this year glasto-worker?

Edited June 23, 2014 by Glastonlocal

[glasto-worker]

How much is a pint this year glasto-worker?