I LOVE barter! T'is why I'll never get rich...or probably even middle class.I've traded banjo lessons for fiddle instruction. Lessons for acting tips......and even....lessons for home-made PESTO!
Around here (Toronto, with a 5 million population base) my prices are about average for lessons with a long time working professional. Where I've been lucky is that many of my students have been coming for five to ten years. When I first looked at those numbers, I thought: "Jeez, you'd think they'd have learned by now"! But that ain't the whole story...I think they enjoy the relaxed atmosphere, and it's a chance for them to pick awhile and have some fun (albeit with a musical Sgt. Major drill instructor!)
Cheers
Rick