How much do the Oscars cost? The key numbers, from the £19k red carpet to the price of an after party ticket

Want to attend the Vanity Fair Oscars party? You might have to remortgage your house
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Megan C. Hills22 February 2019

Awards season is hurtling towards its grand finale. The 91st Oscars will be held this Sunday 24th February, and for the first time in nearly thirty years, the show won't have a host after Kevin Hart dropped out.

Although the Academy Awards might save money on their presenter's fee this year (Jimmy Kimmel received £11,000 for fronting the show in 2017) few expenses are spared at the most high profile awards ceremony in the world.

But just how much do the Oscars cost? The team at personal finance site WalletHub broke down the key numbers.

£34.06 million

The total cost of the Oscars ceremony.

16,500

The number of square feet the red carpet spans.

£19,120

The cost of the 16,500-ft red carpet.

900

The number of hours it takes to set up the carpet with a team of 18 people.

Getty Images

24

The number of gold karats in the plating of an Oscars statue (the statue itself is bronze).

£310

The price of a single Oscars statue.

£116,138

The estimated value of an Oscars goodie bag.

£30,970

The price of the most expensive Oscars goodie bag gift of all time - a luxury trip to Tanzania.

Getty Images

£14 million

The value of the most expensive Oscars look of all time: Cate Blanchett's 2014 Oscars look which featured £11 million worth of Chopard jewellery and a £60k Armani Prive dress.

£205,934

The estimated value of a look for a first-time Oscars attendee.

£79,918

How much it costs to buy a ticket to the Vanity Fair Oscars party with a plus one.

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