There will be fewer fans watching the start next year
The move is part of a major shake-up of the motor racing showpiece, which also sees the spectator capactity cut by 30,000.
Fans will have to buy a three-day admission pass costing £199.
A further £100 is required to guarantee a grandstand pass.
Included in the price of the three-day pass are park and ride services which cost £29 this year.
Until a deadline of 15 November, tickets may still be purchased at 2001 prices.
Other changes for the 2002 Grand Prix include a 30,000 cut in the attendance, with a maximum of 60,000 people likely to see the race in person.
And Octagon Motorsports, the promoters of the race, insist that the changes are necessary to bring the British GP in line with other motor racing events on the international calendar.
"We appreciate that price increases are never popular but we are developing Silverstone to re-launch the venue within the premier tier of the world's F1 circuits by 2004," said Octagon chief executive Rob Bain.
"This new ticketing structure will allow us to offer improved access times to and from the venue, with reduced traffic congestion and an enhanced experience."
Jackie Stewart, President of the British Racing Drivers' Club, gave his support to the change in price structure.
"I would say that the prices are in line with everthing that takes place on mainland Europe," he told BBC Radio 5 Live.
Equivalent ticket prices at next year's Spanish and French Grands Prix are between 56-86% of those at Silverstone.