What is the average cost of a television

Just like other technology segments, such as cars , the components that go into TVs are more expensive this year. Several manufacturers I asked pointed to the chip shortage and the costs of LCD panels and other guts, but another big factor was the higher cost of shipping.

Issues with the global supply chain , a complex system that transports products around the world, have intensified during the pandemic and will continue throughout the holidays. Because they're large products, TVs generally arrive in the US by ship, and the increased shipping costs are passed along to buyers.

Read more: You shopped like never before. The supply chain couldn't handle it. The good news? Inventory this holiday season likely won't be a problem. So if consumers can be flexible around brand and screen size, availability should be sufficient. The TV-makers we interviewed said they didn't anticipate problems fulfilling demand, despite the supply chain issues, although there's more uncertainty than usual this year.

So what does all of this mean for TV shoppers? Single Accounts Corporate Solutions Universities. Premium statistics. Read more. As of July , around 34 percent of adults living in the U. Growing competition from subscription video-on-demand platforms such as Netflix has led to changes in the market, with cable TV subscription numbers falling and monthly costs increasing.

Only around half of the 2, people interviewed in the survey were able to provide an answer to this question at all, indicating that a significant portion of respondents was not currently paying for a cable TV service. You need a Single Account for unlimited access.

Full access to 1m statistics Incl. Single Account. View for free. Show source. Show detailed source information? Register for free Already a member? Log in. More information. Supplementary notes. Other statistics on the topic. News Top cable news networks U.

News U. Julia Stoll. Profit from additional features with an Employee Account. Please create an employee account to be able to mark statistics as favorites. Financially, the cost difference may not appear substantial, but the difference in expense adds up considerably over time. Leaving a TV in On mode uses a lot more electricity compared to Standby mode.

This study shows that modern TVs consume between 0. As mentioned, TV size impacts the amount of electricity a TV consumes and, therefore, its running costs. However, generally speaking, the larger the TV the more expensive it is to run. The table below shows how much it costs, on average, to run modern TVs based on screen resolution. The table below lists the most energy efficient TVs by size based on a study of of the most energy efficient TVs on the market.

But are TVs actually expensive to run? Despite TVs costing less than 1 cent per hour to run on average, TVs can be expensive to run over time due to their level of usage. TV wattage, size, resolution, settings e.

But is your TV expensive to run? To work out your own TV running costs, without doing the math, simply populate the fields in the calculator below.