Coachella is the summer's most expensive festival costing £187 A DAY

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Coachella visitors pay an average of £187 per day for entry, food and drink
Travel money company No.1 Currency ranked the summer's top festivals
Tomorrowland in Belgium and Glastonbury are second and third dearest
Serbia's Exit festival in Petrovaradin Fortress in Novi Sad is best value

Published: 06:16 EST, 13 April 2015 | Updated: 07:27 EST, 13 April 2015

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It's the summer hang out of choice for Hiltons, Jenners, supermodels and many others with a money-is-no-object lifestyle, so it's no wonder Coachella hits the hip pocket hard.

Those lucky enough to snag a ticket to the star-studded – on and off the stage - Coachella Valley Music and Arts Festival at the Empire Polo Club in Indio, California, which runs for its second weekend from April 17-19, are spending more than any other major festival goers.

While checking out headliners such as AC/DC, Jack White, Florence and the Machine and Madonna, who bizarrely made out with rapper Drake on Sunday, Coachella visitors pay an average of £187 per day according to Travel money specialist No.1 Currency.

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Those who enjoy the Coachella Valley Music and Arts Festival in California pay more than other revellers

The likes of Alessandra Ambrosio (centre) take in the famous fest that costs an average £187 per day

The Californian A-list magnet is narrowly ahead of Belgium’s Tommorowland for per-day costs according to the company after it ranked the price of the world’s most popular summer festivals, not including the cost of getting there, with costs varying drastically depending on the destination.

If they indeed are required to reach into their own wallets, the likes of Alessandra Ambrosio and Brooklyn Beckham pay the highest-priced admission (£252), beer (£5.73) and meal costs (£9) of any summer fest.

Tomorrowland, which this year features club superstars Carl Cox, David Guetta and Avicii when it’s held on July 25, costs its visitors £186 per day.

England’s Glastonbury, running June 24 to 28 and featuring Foo Fighters in 2015, is the third most expensive with a £113 per day cost calculated from the five-day £565 ticket and an estimated average of £68 per day for meals and drinks. The price is clearly no object for revellers though as the festival, which includes camping prices in admission, was sold out in just 25 minutes back in October.

Fergie poses for selfies with fans at Coachella

Doing it her way: Black Eyed Peas singer Fergie flaunted her fantastic legs as she performed on Sunday

Belgium's edition of the Tomorrowland festival pay one pound a day less than those in Coachella

Roskilde in Denmark (June 27-July 4) sets festival-goers back £641 for its eight days of action with acts including Paul McCartney, Muse and Pharrell Williams but for a bargain week-plus festival head to Sziget in Budapest (August 10-17), which is 25 per cent cheaper and will host Robbie Williams, Kasabian and Foals among their acts. Both festivals have Florence and the Machine on the bill.

No1. Currency’s head of retail Simon Phillips said: “Coachella is America’s answer to Glastonbury but, not only are tickets nearly impossible to get your hands on, it could be just as difficult to cover the costs.

“As the birth place of British festival culture, Glastonbury remains one of the most iconic and celebrated music events in our British calendar but, as our research shows, being a part of this tradition will cost you.

England’s Glastonbury is the third most expensive with a £113 per day cost but has above average food

Cressida nails the festival chic look at Glastonbury (archive)

Coachella is listed as the most expensive festival, while Exit Serbia works out cheapest

'Tickets are not far behind those of Coachella in terms of prices, and neither is the cost of food and drink when you’re there – unsurprising considering the festival is famous for having some of the best festival food around.’

Brits keen to get the best value festival experiences can look towards Serbia, where the Exit festival from July 9-12 is the cheapest with daily costs across its four days reaching just £54. There a beer costs just £1 while you'll watch Faithless, The Prodigy, Motorhead and more in the surrounds of the Petrovaradin Fortress in the city of Novi Sad, Serbia.

Open’er in Poland from July 1-4 is close behind with a day rate while checking out a line-up also featuring The Prodigy costing just £57.

Exit festival in the surrounds of the Petrovaradin Fortress in the city of Novi Sad, Serbia, is the best value

“It can actually work out much better value to travel to a festival in mainland Europe than to stay at home,’ Phillips said.

‘Not only does your cash go further in Central Europe, where food and drink in particular are relatively cheap compared to the UK, but Brits heading to festivals in the Eurozone this summer will enjoy the added bonus of a strengthening pound. For example, exchanging £300 for spending money this year you’ll get €414, compared to €361 this time last year.’

“It is worth ordering and picking up your spending money in the UK before you head off to your chosen festival, as cash machines are usually limited and you don’t want to waste hours queuing instead of catching your favourite bands perform,” Phillips said.