Obama plans to attend the concert at the Hammerstein Ballroom in New York City on October 16th, the day after Obama's final debate with John McCain at Hofstra University on Long Island.
Tickets for the concert start at $500 and range up to $10,000.
Springsteen also plans to perform Saturday at a Philadelphia rally to boost the Obama campaign's voter registration drive. Polls show a close race between Obama and McCain in Pennsylvania, a state John Kerry won in 2004.
Expenses to the public, such as security, are being paid for by the Obama campaign.