Cinema's rising toll
Movie tickets costing more.
The average cinema admission price of $15.43 for the March 2011 quarter is the highest it has been since it was added to the Consumer’s Price Index (CPI) basket in 1949.
In 1950 a movie ticket would have cost about 2 shillings and 10 pence, which in today’s terms is equivalent to about $9.05.
The lowest admission price in March 2011 quarter terms was in 1963, when it was about 3 shillings and 2 pence, which is equivalent to about $6.15 in the March 2011 quarter.
Over the following decade, prices increased more rapidly than the CPI.
In 1973, the average cost of cinema admission had more than doubled, to reach $0.84, which is about $9.40 in March 2011 quarter terms.
The average cinema admission price in 1983 was $3.27, about $10 in today’s dollars, increasing further to $8.76 a decade later in 1993 - $13.25 in today’s terms.
NBR staff
Tue, 12 Jul 2011
Tue, 12 Jul 2011
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Cinema's rising toll
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