Budgeting for a UK music festival weekend
Equifax counts the cost of the average summer music festival
The UK’s festival season is getting underway and although Glastonbury is absent from the scene this year, music fans still have plenty to choose from. Festivals have become big business, with ticket prices ranging from under £60 to hundreds of pounds, depending on the level of luxury. Equifax outlines ticket and travel costs for festival goers to help people know how much to budget.
According to a latest survey1, the average UK festivalgoer spends £354.54. Equifax’s own research2 shows that it’s easy to spend hundreds on a festival, before even considering food and drink for the weekend. However, despite the cost, 82% of festival goers think it is good value for money3.
For instance, hard rock and heavy metal festival Download offers a weekend arena-only ticket for £175 or £200, including three nights of camping. Meanwhile, the Isle of Wight Festival offers a weekend adult ticket for £209, whilst the student ticket is £175. However, festival goers have to factor in an extra £31 per person for the ferry. On top of the ticket, music fans need to budget for travel – coaches to various locations can range from £37 to £97, depending on the distance. Train costs are usually higher.
Alternatively, music fans can cut costs if they live near a city and choose one of the city park festivals, such as Manchester’s Parklife or TRNSMT in Glasgow. Parklife offers day tickets for £65 or a weekend pass for £109.50. TRNSMT is £59.50 for a day pass or £155 for three days.
More and more festivals are now offering luxury and VIP or experience ticket options, which really push the price up. For those who don’t like roughing it, ‘glamping’ options include more luxurious bell tents, which are already erected and include lavish furnishings, such as sheepskins and even plugs and hair straighteners. The prices range from a pre-pitched tent at £13.63 per night at Bestival, up to £481.50 per night for their bell tents and tipi experiences.
In addition, families have more choice of kid-friendly festivals. However, it’s worth considering that teens get a reduced rate, and children get in for free at some festivals, whilst others charge for kids as young as four, so it’s worth doing some research.
Lisa Hardstaff, credit information expert at Equifax, comments, “Music festivals have become a big part of the British summer, with new ones cropping up often. The prices of tickets go up every year. The cost of the entry ticket is just the start, with travel and extras such as parking or camping access all adding to the total cost.
“Once people are at a festival, they need to consider the costs of food and drink, which add a considerable amount to what they end up spending. The average main meal could cost around £10 from a festival catering venue – this can add up over three or four days. We suggest setting a budget and estimating the overall costs, including travel and daily spending on food, drink and optional extras – such as glitter face paint, clothes or souvenirs. With a bit of planning, people can look back on a festival of happy memories, rather than counting the cost weeks or even months later.”
|Festival||Description||Dates||Standard ticket (3 days with camping)|
|Download||The famous hard rock and heavy metal festival. Three days of new and old rock acts, from the likes of Ozzy to Royal Blood||8-10 June||£200|
|Boomtown||Folk to BPM in Winchester.||9-12 August||£200|
|Bestival||Boutique festival with pianos in the woods, fancy dress and poetry in Lulworth Castle||2-5 August||£160|
|Creamfields||The premier dance music festival in Daresbury.||23-26 August||£210|
|Latitude||Idyllic countryside location in Southwold.||12-15 July||£197.50|
|Camp Bestival||The family friendly version of Bestival, but with more retro and tongue in cheek headliners, such as Rick Astley and Simple Minds this year.||26-29 July||£197|
|Isle of Wight Festival||Indie music festival on the island.||21-24 June||£209|
|Lovebox||Festival in the park in London.||13-14 July||£115 (no camping)|
|Reading||The original indie and alternative pop festival.||24-26 August||£205|
|Parklife||Manchester's festival in the park.||9-10 June||£109.50|
|TRNSMT||A replacement for T in the Park, which brings music to Glasgow.||29-1 July and 6-8 July||£155|
Source: Equifax desk research. Figures accurate as of 31/05/2018
1https://www.bobatoo.co.uk/blog/much-uk-music-festivals-cost-survey-results/ Survey conducted in 2018
For further press information, please contact: Clare Watson, Cecile Stearn, Parm Heer or Wendy Harrison at HSL on 020 8977 9132 / Fax: 020 8977 5200 or Email: firstname.lastname@example.org
Equifax Inc. (Equifax) is a global information solutions company that uses unique data, innovative analytics, technology and industry expertise to power organizations and individuals around the world by transforming knowledge into insights that help make more informed business and personal decisions.
Headquartered in Atlanta, Ga., Equifax operates or has investments in 24 countries in North America, Central and South America, Europe and the Asia Pacific region. It is a member of Standard & Poor's (S&P) 500® Index, and its common stock is traded on the New York Stock Exchange (NYSE) under the symbol EFX. Equifax employs 10,400 employees worldwide.
Equifax Limited is one of the Equifax group companies based in the UK.
Equifax Limited is authorised and regulated by the Financial Conduct Authority.