The Sundance Film Festival is bringing significant economic benefits to Boulder, Colorado, with the city investing $34 million to attract the event. However, this has led to skyrocketing lodging prices, with some homes charging over $5,000 per night, causing concern among locals and visitors alike. This disparity in cost compared to the festival's host city, Park City, Utah, highlights broader issues about the impact of large events on local economies and communities. The situation raises questions about the sustainability of such high prices and their effect on both the festival experience and local residents.