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It is well-known that the Oscars represent the glitz and glamour of Hollywood, but the amount of money spent on the event might surprise you.
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Here are some of the pricey numbers according to Wallethub.com:
-The total cost of the Oscars ceremony is $44 million.
-The estimated value of each 24-karat gold-plated Oscar statuette is $400.
-The cost of the 16,500-square foot Oscars red carpet is $24,700.
-The total cost of an A-list actress' Oscars ensemble costs $10 million.
-The most expensive attire in the ceremony's history was Cate Blanchett's 2014 ensemble which cost $18.1 million.
-The price for a couple to attend the Vanity Fair Oscars Party is $103,220.
-The value of the Oscars goodie bags is more than $150,000.
-The most expensive goodie bag item in 2018 was a $40,000 luxury trip to Tanzania.
-The average increase in box office sales for a Best Picture winner is $15 million.
-A Best Actor/Actress winner will receive a 20 percent boost in pay on their next film.
-The cost of a 30-second ad during the Oscars costs about $2.6 million which is 50 percent less than the Super Bowl.
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RELATED: Everything to know about Oscars 2019
Don't miss the Oscars LIVE on Sunday, Feb. 24 at 8 p.m. ET | 5 p.m. PT on ABC.