The Academy Awards provide an opportunity for Hollywood to point out off its glitz, glam and gold.

And it will probably price a reasonably penny for celebrities to attend the night in model.

The 2023 Oscars ceremony itself has a staggering $56.8 million price ticket, based on a report by WalletHub.

It’s apparently a boon for the native economic system, too: Los Angeles reportedly sees a greater than $163 million increase from the ceremony.

For an A-list actress, which means they may drop about $10 million on a show-stopping search for the crimson carpet.

Even first-time attendees must open their wallets broad, with an outfit probably ringing up $266,000.

Cate Blanchett, who’s nominated this 12 months for Finest Lead Actress for “Tár,” set the document for the costliest look ever on the Oscars in 2014 — the place her ensemble price a whopping $18.1 million.

Girl Gaga’s Tiffany pendant that she rocked on the 2019 ceremony was valued at $30 million.

By the way in which, based on WalletHub, a win within the Finest Actor or Actress class can imply a 20% increase in pay for the victor’s subsequent movie.

Finest Image winners, in the meantime, can see a median $9.4 million common enhance of their home field workplace gross sales.

As for the coveted golden Oscars statuette, one might imagine that it has a hefty price ticket. Nevertheless, the gold-plated trophy is simply value about $400, based on WalletHub, and is pure gold.

Followers know all concerning the notorious, star-filled Self-importance Truthful Oscars bash that happens proper after the ceremony.

Tickets for {couples} who need to attend the luxurious occasion can price them a minimum of $80,000.

For that value, although, friends gained’t stroll away empty-handed with solely selfies for reminiscences. The annual Oscars goodie bag is valued at $200,000.

And in 2021’s bag, an NFT of the late “Black Panther” star Chadwick Boseman reached $1.2 million.

Seeking to promote in the course of the ceremony? A 30-second spot prices $1.95 million, which is virtually a discount in comparison with — and about 72% lower than — one for the Tremendous Bowl, which may attain $7 million.

As for the Oscars’ conventional crimson carpet that shall be rolled out and result in the Dolby Theatre — the place the present shall be held — it will probably price $24,000 to put in it.

Nevertheless, this 12 months’s carpet is not going to be crimson for the primary time since 1961.

The 2023 present will characteristic a Champagne-colored carpet; host Jimmy Kimmel gave followers a glimpse of it on Wednesday.

“Folks have been asking, ‘Is there going to be any hassle this 12 months? Is there going to be any violence this 12 months?’ And we actually hope not,” the late-night host mentioned, subtlely referring to Will Smith’s “slap heard around the globe” that related with Chris Rock ultimately 12 months’s occasion.

“But when there may be, I believe the choice to go along with a Champagne carpet reasonably than a crimson carpet exhibits how assured we’re that no blood shall be shed,” he continued.

“That is the type of factor you solely see in Hollywood and each mannequin house in America,” Kimmel joked concerning the unveiling.

“I’ve by no means actually completed play-by-play for carpeting earlier than.”