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Average Movie Ticket Prices Hit Record High

Average Movie Ticket Prices Hit Record High The average cost to go to a movie in the U.S. soared to $9.38 in the second quarter of 2018. That figure is up from $9.16 in the first quarter. The average ticket price for all of 2017 was $8.97. Fluctuations in price are due to the strength of the marketplace. The demand for Imax and other premium formats also play a key role. The more people spend, the more the average cost of going to the cinema increases. When accounting for inflation, the cost of movie tickets has remained relatively static. The average ticket price of $2.23 in 1977 was roughly $9.26 when adjusting for inflation.

Source: Inform News

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