Breaking Even – A Rarity Off-Broadway These Days

“Burdened by ever-higher costs and increased competition from Broadway and beyond, the successful commercial Off Broadway play is a rarity these days, producers say. Long considered a cheaper, more viable alternative to the high costs of Broadway, the average Off Broadway production now regularly runs more than $500,000 to produce, with some costing nearly $1 million. Predictably, those higher costs have been passed on to the consumer; good seats for Off Broadway shows now commonly run more than $50, with some shows asking $65 or $75.”