If you are planning on going to Woodstock 50 at Watkins Glen August 16th through the 18, you might want to start saving some money now.

Original Woodstock co-founder and 50th Anniversary Festival organizer Michael Lang told Bloomberg that 3-day passes will cost $450 for the Woodstock 50 Festival. Lang also said earlier this month that there will be no single day tickets available for the event.

And if you think $450 for a weekend festival is outrageous, it's really not that far off from a lot of other music festivals with big names. Syracuse.com compared ticket prices for this event with Coachella, which is also a 3-day Festival and those tickets start at $429, and the Bonnaroo 3-day Festival where tickets start at $279 for the 3-day pass, and Lollapalooza where 4-day passes start at $335 and go up to $4,200 with V.I.P. packages.

That report also compared the tickets for the 50th anniversary to the original Woodstock Music & Arts Fair where single day tickets were $6.50 and a weekend pass would cost you $18.

There is still no word on when tickets will go on sale for the three-day festival at Watkins Glen International Raceway. The tickets were supposed to go on sale earlier this week, but they cannot go on sale until New York State approves a temporary permit for a mass gathering.

[via Bloomberg/Syracuse.com]