The theater-going experience has also improved in many ways. In fact, ticket prices have actually decreased from the 1971 high of $10.16 in current dollars. Still, the prices of tickets are much more consistent when adjusted for inflation. By 2016, the average ticket price had increased to $8.65 - and the increase in ticket prices shows no signs of slowing down. In 1950, a person could purchase a movie ticket for a mere 46 cents on average. One reason for the industry’s high gross figure is ticket prices, which have undergone dramatic increases over the last 70 years. In 2016 alone, the movie industry gross in the box office exceeded $11 billion – the greatest yearly amount to date. Yet this has hardly ended Americans’ love affair with the movies. With tickets, popcorn, soda, and candy – the cost quickly adds up. For many, a trip to the movie theater can put a serious dent in the wallet.
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