Here’s How Americans Spend Money on Music. How Do You Compare?

A site called Moneytips has published a new infographic based on how people spend their money on music. Here are some highlights.

  • In 2014, the average American spent $48 a year on live music.
  • In 2014, the average American spent $18 buying recorded music. No, that’s not a typo.
  • As a group, Millennials spent an average of $163 per year on music. Of that, just $15 went to physical music product.

Click on the image to see the whole thing.

Concert spending 2016

 

Alan Cross

is an internationally known broadcaster, interviewer, writer, consultant, blogger and speaker. In his 30+ years in the music business, Alan has interviewed the biggest names in rock, from David Bowie and U2 to Pearl Jam and the Foo Fighters. He’s also known as a musicologist and documentarian through programs like The Ongoing History of New Music.

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