It's becoming cheaper to turn your dumb house into a smart one. Price has been the biggest hindrance to the expansion of the smart home. But recently, some of the biggest players in the smart home industry have helped lower prices to more acceptable levels for the masses.
Nest (thermostats), August (door locks), and Ikea (light bulbs) have led the way in providing cheaper products. Nest introduced a $169 thermostat that’s just as good as the original $250 version, and there’s also the Ecobee3 Lite at the same price.
August’s smart lock is now $149. Then there is Ikea, with its low-cost line of smart light bulbs. Ikea’s Trådfri smart light bulbs start at $12 for a white bulb, compared to $20 for a TP-Link or $30 for a Philips Hue bulb.
Read more: https://www.theverge.com/circuitbreaker/2017/9/28/16361394/smart-home-getting-cheaper-nest-august-ikea
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