Reputation
Musicians with a well-respected name or huge following tend to charge higher rates. If you want Beyonce, you’re going to have to pay for her time.
Rates
Some bands charge flat rates for their services, and others charge a per-musician hourly fee to ensure that each artist in the group is compensated for their time. Some gigs require more or less musicians (a solo act, a trio, etc.) than others, and prices vary accordingly. Rates also vary from geographic region to region. Here are some pricing examples:
Weddings and corporate events
Larger events such as weddings and corporate events require bands to perform for longer periods time and spend more time preparing for the gig. Rates depend on the number of people in the band, how long the performance will be, what the venue is like and the number of guests at the event. Here are some cost examples:
Packages
Many bands or music entertainment companies provide discounts when a customer books them for multiple events at one time. A package deal helps clients save money and gives the performers guaranteed future business. Here are some package offerings from The Ocdamia Strings: Additional costs
In addition to the time spent performing at an event, the cost for live music includes practice hours, time spent learning special-request songs, travel time and expenses, and preparation and transport of gear to the event. It’s not realistic to hope for a professional string quartet to perform for $200. That would be only $50 per person for hours and hours of work, in addition to the two hours they play at the party.