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It's cheap enough! Today's television prices are more than a decade ago
The US version of the dual 11 "Black Friday" has already started, and in recent years, the discounts on big-ticket electronics have been impressive—think TVs, washing machines, and more.
CNET recently published an article asking a simple question: Have TV prices really gone down over time? To find out, they looked at how much different models cost per square inch across several decades.
In 2017, the LG OLED55B7A was priced at $2,300, which comes out to about $1.78 per square inch. That’s a significant drop from just five years earlier.
Back in 2012, the Panasonic TC-P55VT50 sold for $2,680, or roughly $2.08 per square inch. Meanwhile, the Sharp Elite PRO-60X5FD came in at $6,000, costing around $3.91 per square inch. These numbers were adjusted using the current exchange rate to ensure accuracy.
Going back even further, in 2007, the Pioneer Elite Kuro PRO-110FD (a 50-inch model) was priced at $7,046, translating to about $6.60 per square inch. This was still a steep price, but it marked a step forward in display technology.
In 1997, flat-panel TVs were just beginning to make their way into homes. The first mass-produced flat-panel TV came from Fujitsu in 1996, and by 1997, the Philips/Fujitsu Flat Plasma TV was selling for a jaw-dropping $22,924, or $30.45 per square inch. Even the Sony KV-35XBR48 CRT TV, which had a resolution of only 852x480 pixels, cost $3,821, or $5.83 per square inch.
Looking all the way back to 1954, the Westinghouse H840CK15 was priced at $11,875, which equates to a staggering $110.20 per square inch. At that time, Westinghouse and RCA were among the few TV manufacturers in the U.S. market.
So, when you look at the long-term trend, it's clear that the cost per square inch of TVs has dropped dramatically over the years. Technological advancements, increased production efficiency, and greater competition have all played a role in making high-quality displays more affordable. Whether you're shopping for a new TV this Black Friday or just curious about the past, it's fascinating to see how far we've come.