Price of Data Storage Continues to Plummet, Photographers Rejoice

It’s a good time to be a digital photographer — massive hard drives are becoming cheaper than ever, making it so photo-enthusiasts don’t have an excuse for not backing up their data redundantly. Here’s an interesting look at how the price of a Gigabyte of storage has changed over time:

YEAR — Price of a Gigabyte
1981 — $300,000
1987 — $50,000
1990 — $10,000
1994 — $1000
1997 — $100
2000 — $10
2004 — $1
2010 — $0.10

Nowadays, a cheapo flash drive given away for free at expos has more capacity than a $10K computer from 30 years ago. In another decade, you’ll probably be able to consolidate all of the hard drives you have now on a cheapo flash drive of the future (or whatever we’ll be using then)!

Cost of Hard Drive Storage Space (via Boing Boing)

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  • Jeff

    It is great how cheap storage has become. And that ad is classic.

  • Joakim Bidebo

    But then 1GB 1981 was equal to more then unlimited storage, my first hard disk was a 128MB and even that did feel like unlimited storage back then. :) And now I can easily fill up 1TB. Think 1PB would be equal to what 1GB was back then now.

  • Gregg

    Oh. My. God.

    I totally used these when they were new.

    Yeah, I’m OLD bitches, old.

  • Andrew MacDonald

    I remember when I had my very first computer, it ‘only’ had 1gb of space and periodically Id have to delete programs to get more stuff on it.

    Now, my photo library on its own is 190GB, and I have total storage capacity in my home server of 6 terabytes. Currently only filled up 30% of that, so should last a few more years before I have to add to it.

    Im glad the price has come down though, it allows you to be sure all your important files you never want to loose are completely safe.

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