ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Upset About Exorbitant Food Prices at Coachella? Here Are Ways to Save Cash on Other Things

One partygoer, Jackie Tanti shared a video on TikTok, saying that she spent $64 on two coffees and just two burritos and cucumber water.
PUBLISHED APR 18, 2024
Cover Image Source: Coachella 2024 prices | (L) X.com | (R) Getty Images | Presley Ann
Cover Image Source: Coachella 2024 prices | (L) X.com | (R) Getty Images | Presley Ann

Coachella may be of the most popular music fests and media events across the globe, but this year many of those attending have taken to different platforms to express their shock at the exorbitant food prices at the festival. While most festivals boast amazing performances and pricey meals, this time the prices in Coachella have stunned even the regular concertgoers, as Americans are already dealing with rising food costs. One partygoer, Jackie Tanti shared a video on TikTok, saying that she spent $64 on two coffees and just two burritos and cucumber water. In the video uploaded on April 13, Jackie gives followers a glimpse of the burritos which are of a decent size but still don't justify the price. "Capitalism is crazy and I am a part of the problem." Similarly in another post, one X user took to the platform to talk about the cost of a pizza at the festival, a 'whole large pie' costing a staggering $65 and a lemonade a sob-worthy $9.



 

But with the second weekend approaching, festival-goers still have a chance to save money on other things. For example, booking flights is undoubtedly one of the biggest costs of the trip and you may want to look at ways to save on that. According to sources, the cheapest would be to fly to LAX. Secondly, you may also need to look at ways to try and save on accommodation as well. On average, four nights at a hotel in Coachella Valley will be around $750 per head. As far as the tickets are concerned, it is a no-brainer that to get cheaper and better tickets, one needs to buy them as early as possible.

According to a recent report by The Washinton Post, consumer spending on foreign trips and live entertainment has risen by nearly 30%. At the same time, Insider reports that the savings rate of the average American has declined, according to the Bureau of Economic Analysis. Experts attributed this rise in spending to the fact that people refrained from spending a lot during the pandemic and are looking to make up for the lost time. "When you live through a crisis, it gets ingrained in your brain," University of California at Berkeley behavioral finance professor Ulrike Malmendier told The Washington Post.



 

 Coachella Valley | Matt Winkelmeyer | Getty Images
Coachella Valley | Matt Winkelmeyer | Getty Images

Meanwhile, Time Magazine reported that The Eras Tour generated around $5 billion in consumer spending last year. "If Taylor Swift were an economy, she’d be bigger than 50 countries,” said Dan Fleetwood, President of QuestionPro Research and Insights, to GlobalNewsWire.

As for Coachella, other small steps that revelers can take to save money include carrying a water bottle. As per the festival rules, one can bring a reusable, nonmetal, nonglass bottle of 40 ounces or less. Carrying this with you will prevent you from buying $2 bottles of water whenever you are thirsty. You can also try and eat as little as possible from the festival to avoid the extra costs. Also, find freebies like free popsicles or promotional tents around the grounds. Lastly, make sure to be prepared as it will lessen the chances of you buying something because you forgot to carry it from home.

MORE ON MARKET REALIST
This adds another chapter to the seemingly endless product recalls this year has seen so far.
42 minutes ago
The new format added an element of unpredictability, which might not have been present earlier.
2 hours ago
There was no official announcement or statement by the company about the move.
2 days ago
He also cautioned that investors are ill-prepared for the challenges that lie ahead as the AI cycle enters a "more dangerous phase."
2 days ago
The price point of these passes may come as a surprise to some as prices of necessities are rising.
2 days ago
The contestant did his best but was not able to get the correct answer in his ten seconds.
2 days ago
He tore the President apart in a video on social media, making his disapproval known.
3 days ago
The faulty products could lead to serious harm and may even result in death in the worst case.
3 days ago
The report paints a picture of how the future of work may look like.
3 days ago
Some of the largest Fortune 500 companies across sectors have announced job cuts this year.
3 days ago
The rise in AI stocks has been triggered by remarks made by Fed officials indicating a greater chance of a rate decrease next month, he warned.
3 days ago
The Iceberg Index suggests AI could have a $1.2 trillion impact in wage value.
4 days ago
The experts addressed that after 11 months in office, Trump is seen as accountable for the economy and inflation rates.
4 days ago
According to Wright, the growth in property prices will be "flat" by year's end, with a continuing slowdown already apparent.
5 days ago
The matter of healthcare has become a part of the wider affordability issue Americans face today.
5 days ago
This was perhaps one of the rarest instances in the show's long and storied history.
5 days ago
While share prices are down, there are a lot of things that one needs to consider before investing
6 days ago
Ray had given his twin a piece of advice, but he emphasized the importance of having fun on the show.
6 days ago
The contestants did not let the host off the hook easily, and Harvey was not too comfortable.
6 days ago
This is not a good look for the supermarket chain as infants' lives are at stake.
6 days ago