There are HUGE difference in prices on smart TVs today.
The quality varies a lot and so do the prices across models and brands.
Here are the prices on the most popular Smart TVs:
|Brand and Model||Size||Price|
|LG 43UM7300PUA||43 inches||~$459.98|
|LG OLED48CXPUB||48 inches||~$1499.99|
|LG OLED55E8PUA||55 inches||~$1746.99|
|Vizio D40-D1 D-Series||40 inches||~$254.90|
|Vizio D50-D1 50-Inch 1080p Smart LED TV||50 inches||~$429.98|
|Vizio M658-G1 M-Series Quantum 65″ 4K HDR||65 inches||~$999.99|
|Sony X800H 43 inch 4K Ultra HD 2020 Model||43 inches||~$598.00|
|Sony XBR49X900F||49 inches||~$898.00|
|Sony XBR55X900F||55 inches||~$848.00|
|Samsung TU-8000 Series – 4K UHD HDR||43 inches||~$347.99|
|Samsung QN49Q60RAFXZA||49 inches||~$738.99|
|Samsung UN55RU7300FXZA Curved 4K UHD 7 Series||55 inches||~$497.99|
Smart TV pricing differs from manufacturers and features.
To give you an idea of how to choose a smart TV using the price as a point of reference, we have compiled a selection of smart TVs made by Samsung, Sony, LG, and Vizio for you to consider.
All models listed are based on Amazon prices and were selected based on the highest ratings per brand and screen size category on the e-commerce site:
So How Much are Smart TVs?
Smart TVs can go as low as 255 dollars and can go as high as 1,750 dollars for higher-end models.
Which Smart TV Brand is the Cheapest?
For LG, the LG 43UM7300PUA 43-inch screen is the cheapest and is priced at 459.98 dollars.
For Vizio, the D40-D1 D-series smart TV is the cheapest.
It has a 40-inch screen and costs 254.90 dollars.
Sony has the 43-inch X800H smart TV.
It costs 598 dollars but has a 4K resolution.
Samsung has the TU-8000 43-inch smart TV.
It is priced at 347.99 dollars and includes 4K resolution.
All these smart TVs come in 43-inch screen sizes, save for Vizio, which measures only 40 inches.
What is the Average Cost of a Smart TV?
Based on the price list above, the average price of smart TVs cost 776.73 dollars.
If you are looking at buying a mid-ranged (i.e., price but with a lot of features) smart TV, consider the Samsung QN49Q60RAFXZA, a 49-inch smart TV that features a 4K display, HDR, and Google Assistant and Alexa compatibility.
This smart TV costs around 739 dollars, a few dollars lower than the average price.
Why are Some Smart TVs with Smaller Screens More Expensive?
You would think that smart TVs with bigger screens are more expensive, but this is not always the case.
In some cases, smart TVs with smaller displays are priced more than their counterparts with bigger displays.
Why is This?
A big factor that contributes to more expensive, but smaller, televisions are the features packed into the TV.
Let’s take the Sony XBR 49-inch and its 55-inch iteration as an example.
The 49-inch version is around 50 dollars more than its 55-inch counterpart. What makes it more expensive?
The 49-inch XBR smart TV features an OLED display, while the 55-inch model uses a different LED array system.
Other than that, they feature the same resolution and components.
However, that OLED display ups the price of the TV, even though it is smaller.
Are Smart TVs Getting Cheaper and Cheaper?
Like any other hot technology in the market, the name of the game continues to focus on who has the lowest price.
That means that the manufacturers of smart TVs are able to pack as many features into one device while selling at low markups.
The margin between the retails price and total production is getting thinner.
So how do manufacturers make up for revenue from smart TVs?
They sell your data.
How Does this Work?
Smart TV manufacturers make up for lost revenue in lowering the retail price of each smart TV by selling your data.
Manufacturers of smart TVs collect your data through automatic content recognition technology (ACR). ACR detects the kinds of shows you watch and other information you search through your smart TV.
The data collected by ACR is relayed through the Internet, when you connect to use apps, such as Netflix.
They sell the data collected via ACR to advertising companies, who then push advertisements and other content to you.
That is why you see some smart TVs with 55-inch screens selling for below 500 dollars and with little difference.
To know more about smart TVs and data collection, check out our article Smart TVs And Data Collection!
How Do you get the Best Deal on a Smart TV?
Since you want to get the most out of your money, here are some tips to help you choose a smart TV.
1. Price Range
The more you are willing to spend, the more and better features you get.
The amount you spend does not equate to only more features. You get better features.
That means a smart TV with a 40-inch screen that costs more than a 49 inch TV, will have better quality. Expect better clarity, crisp colors, and superb performance.
2. Choose the Right TV Size
The screen size of your TV should be proportionate to the size of the room you want to put it in.
While it is tempting to put an 80-inch screen smart TV in your bedroom, this would seem to be an impractical choice if the maximum distance between you and the TV is just a few feet.
This would be too blinding when watching at night and may cause unnecessary neck strain.
Not to mention that you will be paying far more for that TV than you would for a 30-40 inch TV for your bedroom.
Furthermore, finding the right size for you, and keeping an eye on sales and deals can help you save money without unnecessary expenses.
That is why you need to choose a TV size that fits the room you will use.
3. LED or OLED?
OLED costs more but produces better, almost lifelike pictures.
While the technology is expensive, the prices are slowly coming down.
OLEDs are more durable than traditional LEDs and have a longer lifespan.
Compare and Contrast:
LED TVs have an array of LEDs that shine behind the panel to form the picture.
Meanwhile, OLED TVs turn on and off individual pixels and automatically adjust.
When it comes to brightness, both OLED and LED perform well. But LEDs shine in well-lit spaces while OLED shows its best in dimmer areas.
LED TVs have a hard time processing dark or black elements in a picture. This means details of shadows are compromised. OLED handle color well and show black better.
LED TVs go as thin as 1/4 inches, while OLEDs can go as thin as a few credit cards.
When it comes to viewing angles, LEDs, particularly those on the lower-tier, have issues with viewing angles.
OLED does not have this issue, making viewing angles good.
4. TV Resolution
Screen size and TV resolution are different.
Screen size refers to the physical size of your TV, while TV resolution is the number of pixels displayed per square inch.
If you can, you will want the highest resolution possible for your budget. This results in a more lifelike image of pictures and videos on the screen.
Ideally, you also want a TV that’s compatible with High Dynamic Range or HDR.
HDR maintains true colors on screen. Cinematographers use this feature to reproduce accurate colors in their works.
This feature is no placebo effect; you will see the difference immediately.
Meanwhile, 1080p or HD resolution is also okay.
If the smart TV will be a secondary screen for your kitchen, or guestroom, to keep your visitors entertained during sleepovers, a 1080p resolution smart TV will be fine for this.
5. Make Sure your TV has a LAN Port
If streaming from Netflix or YouTube will be a common activity, make sure your smart TV has a LAN port, for a more stable connection.
Although this is a default feature, it won’t hurt to check before buying.
Check how long the warranty is, and if you can buy an extension.
Paying for extra warranty coverage gives you peace of mind.
A warranty is one of those things you will be thankful for, should something happen to your smart TV.
In the event that you decide to buy your smart TV as a package with other components to build an entertainment system, get a system-wide coverage warranty, instead of just individual coverage.
This will save you a few headaches should something need servicing in the future.
Additionally, if you intend to purchase a TV online, consider adding your ideal TV to a wishlist so you will be notified of any price drops in the future.