Tuesday, January 30, 2024
By
Web Desk

Super Bowl 2024 ticket prices surge by 70% compared to last year — but why?

Lowest price for a Super Bowl ticket stands at around $9,858

By
Web Desk
The poster for Super Bowl LVIII (58). — X/@NFLonFOX
The poster for Super Bowl LVIII (58). — X/@NFLonFOX

Super Bowl 2024 was bound to see a price surge in tickets as it will be held in the magnificent Allegiant Stadium in Las Vegas but the demand this time has broken records.

Ticket prices for the Super Bowl LVIII have surged by 70% compared to last year so if you are dreaming of witnessing your favourite players go head-to-head, you might have to give it a second or maybe a third thought.

Ticket website SeatGeek's Director of Growth Marketing, Chris Leyden, predicts that the Super Bowl will be highly sought after due to its high demand.

With average secondary market prices ranging from $9,815 to $12,082, the event is expected to be one of the most expensive and highly anticipated events, up by 70% from the average price of $5,795 for Super Bowl 57 tickets.

This average ticket price has shattered records.

The lowest ticket price for Allegiant Stadium is around $9,858, a budget-friendly option.

Why are Super Bowl 58's ticket prices so high?

SeatGeek attributes this price hike to the stadium's location as Leyden said: "The reason the prices are maybe higher than normal and demand is higher than normal, frankly, has a lot to do with the location of the game.

"(Location) always kind of adds a premium to the price and to the demand because you have so many people who might not be a fan of the Chiefs or the 49ers, but they want to go to Super Bowl.

"This is the one that they're going to go to because of everything that sort of Vegas has to offer.”

Another reason behind the unbelievable price surge may be the two teams set to face each other on February 11 — the San Francisco 49ers and Kansas City Chiefs — are returning after four years for a rematch.