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Why American fans are saving $1,400 by attending a Taylor Swift concert in Canada

Taylor Swift’s "Eras Tour" captivated audiences worldwide, leading to unprecedented demand and soaring ticket prices, especially in the United States. Interestingly, many American fans discovered that attending a Swift concert in Canada — specifically in cities like Toronto, Ontario, and Vancouver, British Columbia — can be more cost-effective, even when accounting for travel expenses.

Here’s why travelling to Canada to attend a Taylor Swift concert may be cheaper than your American hometown venue, even after accounting for resale ticket pricing, exchange rates, and travel costs.

Exchange rate advantage: Stretching the US dollar

A significant factor that makes Canadian concerts more affordable for American fans is the favourable exchange rate between the greenback and the loonie. As of November 2024, $1 US dollar (USD) is equivalent to approximately $1.41 Canadian dollars (CDN). In short, American visitors can stretch their dollars far more when spending in Canada.

For instance:

This exchange rate effectively reduces the cost of tickets, accommodations, and other expenses for American attendees.

But currency exchange alone doesn’t warrant a trip north to see Swift. To get a better idea, American concert-goers should consider what it would cost to take the trip — even if their dollar is stronger.

Ticket price comparisons: US vs. Canada

Ticket prices for Taylor Swift’s concerts vary significantly between the US and Canada, influenced by factors such as demand, venue capacity, and local market conditions.

Still, even when accounting for these variabilities, it appears that purchasing an Eras ticket for a Canadian concert date is financially more cost-effective for American fans.

For instance:

Average ticket prices for Taylor Swift concert

United States

Canada

Even cheaper with the release of new tickets to Toronto concerts

For Americans and Canadians still hoping to catch Taylor Swift live and in person, there’s good news: Ticket prices for Taylor Swift’s Toronto concerts dropped after the Swift crew released blocks of tickets for sale at face value. The result was a sudden drop in resale ticket costs. Prior to the release, resale tickets were selling for CDN$2,500 or more; after the release, resale tickets could be bought for CDN$1,785 (about USD$1,320).

Travel costs: Comparing expenses to major cities

When considering attending a concert in another city, travel expenses are a crucial factor. Here’s a comparison of travel costs for American fans travelling to Toronto or Vancouver versus attending concerts in major US cities.

Flight costs (round trip, economy class)

To Toronto:

To Vancouver

If that same Taylor Swift fan were to fly from an American city to either New York City or Los Angeles in order to attend an Eras concert date, then average seat prices from Expedia show they’d have to budget approximately USD$154 to USD$302 for a roundtrip flight (CDN$217 to CDN$426).

Hotel costs (per night for double occupancy)

Major US cities

Additional expenses

Transportation: Both Toronto and Vancouver offer efficient public transit systems, with daily passes costing around CDN$10 to CDN$15 (USD$7 to USD$11) Food and Entertainment: Dining and entertainment costs are comparable between major US and Canadian cities, though the favourable exchange rate benefits American visitors in Canada.

Cost comparison: A sample scenario

Let’s compare the total estimated costs for an American fan attending a Taylor Swift concert in Toronto versus New York City.

Scenario: Attending a Concert in Toronto vs. New York City

Concert Ticket (Resale):

Flight:

Hotel (2 Nights):

Food and Transportation (2 Days):

Total estimated costs: Canada vs US

Toronto: CDN$3,300 (USD$2,340)
New York City: USD$3,350 (CDN$4,724)

Potential Savings: Approximately $1,424 (in Canadian currency or $1,010 in US dollars)

Even with travel expenses and the hassle of crossing a border, attending a Taylor Swift concert in Canada can be more economical for American fans than attending one in a major US city like New York.

Additional considerations

Of course, a dollar-for-dollar comparison doesn’t take into consideration all variables. What if you can’t cross the border? Or you can’t find a hotel room? To make the best assessment, consider how unknown factors could prompt extra costs.

Still, for American fans — and Canadian fans that need to travel to a large urban area in order to attend a Swift concert — there are non-financial benefits to travelling to Toronto or Vancouver for Taylor Swift’s concert:

Bottom line

For American fans of Taylor Swift, attending her concerts in Canadian cities like Toronto or Vancouver presents a cost-effective alternative to US venues. The favourable exchange rate, comparatively lower ticket prices, and manageable travel expenses contribute to overall savings.

This article Why American fans are saving $1,400 by attending a Taylor Swift concert in Canada originally appeared on Money.ca

This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

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