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Stack it honestly: ticket or cover, two to four drinks at event pricing, late food, rides both ways, and costume, commonly $80-150 a person on peak Saturday. Trim by buying early-bird tickets, eating a real dinner beforehand, pregaming lightly at home, closet-building the costume, and leaving before surge pricing. One splurge item, ticket or costume, not both, keeps it fun.
Double your estimate: full face paint runs 45-90 minutes, group looks need staging, and every latex prosthetic has a learning curve. Do a full trial run a week early, timed, and photograph the result so night-of is assembly, not invention. Set a hard leave-time alarm, pre-book the ride, and remember makeup removal supplies matter at 2 am more than you think.
Cost per person flips around group size: for six-plus people, hosting, decor, a signature punch, snacks, splits cheaper than tickets, drinks, and rides for everyone, and you control the guest list and playlist. Going out wins for meeting people, production value, and zero cleanup. The hybrid is the veteran move: pregame party at home, then one ticketed event as the centerpiece.