Tucson is the most cost effective place to party this New Years Eve.

I'm grateful that I don't have to sink as low as paying $375 to attend a NYE bash at Applebee's. Thankfully, The Loft Cinema is infinitely more cooler than the chain restaurant because they are hosting a free NYE preparty at 9 p.m. in Mooney's Backlot behind screen three.

Bridgette Thum is inviting some of funniest friends and various hosts from the other Loft Happy Tuesday shows. Thum answers postcards people write her and responds with a witty, insightful thought following a viral video, but tonight she is sharing the best letters and videos of the year. There will be live musical performances, beer and wine.

The Loft is screening the cult classic Monty Python and the Holy Grail at midnight. There will be NYE party favors and hor d'oeuvers available during the pre-show at 11 p.m.

The festivities begin at 11:00 pm with hilarious pre-show Python quote-a-long and sing-a-long clips, a free raffle for ridiculous Python-related prizes, New Year’s party favors and light hors d’oeuvres.

Admission are $8, or $6 for Loft members. Info: loftcinema.org or call 322-5638.