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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 kicked off, and in the past year, the discounts on big-ticket electronics have been quite impressive. From color TVs to washing machines, there's a lot to look forward to.
Recently, CNET did a deep dive into whether TV prices have actually gone down over time. It turns out that the cost per square inch has significantly decreased, showing just how far technology has come.
In 2017, the LG OLED55B7A was priced at $2,300, which translates to about $1.78 per square inch. That’s a huge improvement compared to earlier years.
Back in 2012 (five years ago), the Panasonic TC-P55VT50 was priced at $2,680, or $2.08 per square inch. Meanwhile, the Sharp Elite PRO-60X5FD came in at $6,000, costing $3.91 per square inch. For accuracy, these numbers were adjusted using the current exchange rate to minimize contrast errors.
Looking further back to 2007 (ten years ago), the Pioneer Elite Kuro PRO-110FD (a 50-inch model) was priced at $7,046, which equates to $6.60 per square inch.
In 1997 (twenty years ago), flat-panel TVs were still a luxury. The Philips/Fujitsu Flat Plasma TV was priced at $22,924, or $30.45 per square inch. The Sony KV-35XBR48 CRT TV, though more affordable at $3,821, still cost $5.83 per square inch. Interestingly, the resolution of the flat-panel model was only 852x480 pixels—far from today’s standards.
Going all the way back to 1954 (63 years ago), the Westinghouse H840CK15 was priced at $11,875, or a staggering $110.20 per square inch. At the 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 TV prices have dropped dramatically over time. This is largely due to technological advancements and increased manufacturing efficiency. What once cost thousands of dollars per square inch is now available for just a fraction of that price. It's fascinating to see how far we've come—and how much more affordable technology has become.