The "Live Music Capital of The World" will live up to its name this weekend when the Austin City Limits 2015 Music Festival kicks off Friday afternoon in Austin, Texas. The festival, which will take place over two weekends (October 2-4 and October 9-11), will feature a hugely diverse roster of 130 artists like Foo Fighters, Florence + The Machine, Leon Bridges, Vance Joy, Brand New, Drake, Disclosure, Billy Idol, Brandon Flowers, deadmau5, Bassnectar, Alabama Shakes, The Strokes, The Weeknd, alt-J, Hozier and Of Monsters and Men. Because the festival has been long sold out on the primary market, fans looking to grab last minute tickets to Austin City Limits must rely on the re-sale market, where ticket prices for both weekends are averaging a whopping $593, an impressive 137% increase from the face value price of $250, according to TiqIQ.
(Photo : Getty Images / Stephen Lovekin )
Austin City Limits has been selling out passes rapidly since 2011. That year, early-bird passes were entirely gone in just 45 minutes, well before the lineup had even been released to fans. Three-day passes for the first weekend of Austin City Limits have a get-in ticket price of $316, while the second weekend is significantly cheaper, with a get-in price of just $122. One-day passes are a viable option for fans not looking to break the bank, as a Friday pass for the first weekend is averaging $186, with a get-in price of just $95. A Saturday pass for weekend one is averaging $239, with a get-in price of $168, and a Sunday pass has a get-in price of $166. Weekend 2 is slightly pricier than the first weekend, as one-day get-in passes for Friday are just $106, Saturday passes are $197 and Sunday are $182.
Austin City Limits goes well beyond the star-studded lineup, and highlights the local arts community with an art market on the festival site, where attendees can purchase original arts and crafts. The festival also includes foods from local restaurants and vendors, and includes diverse cuisine. Of the major festivals from 2015, ACL gives festivalgoers one of the highest ratios of artists per dollar spent on a ticket, and falls just slightly behind Coachella and Wakarusa. Rock In Rio had the lowest ratio of artist per dollar spent, with Outside Lands right behind it.