corsairssd SSD prices are falling faster than HDD

Solid state drives (SSDs) are dropping in price much faster than hard disk drives (HDD), according to figures released by website uptime monitoring firm Pingdom.

Solid-state drives (SSDs) are dropping in price much faster than hard disk drives (HDD), according to figures released by website uptime monitoring firm Pingdom.

 
The report shows that average HDD prices fell from $56.30/GB in 1998 to $0.075/GB in 2011, while average SSD prices fell from $40/GB in 2007 to $2.42 this year. The lowest prices recorded this year  are $0.053/GB for HDD and $1.50/GB for SSD.
 
While SSDs remain very expensive, the difference between them and HDD prices has dropped considerably over the last number of years. For example, in 2007 SSDs cost 120 times the equivalent HDD storage, whereas that number has dropped to just 32 times more expensive in 2011.
 
ssdhddfigures SSD prices are falling faster than HDD
 
That trend is set to continue, with SSD prices likely to follow HDD ones in a downward plummet, likely helped by the shortage of HDDs on the market at the moment. For example, SSD prices are currently the same on a per GB level as HDD prices were in 2002, suggesting we're only a few years away from an affordable alternative to HDD.
 
Pingdom predicts that in 2012 the average price for HDDs will fall to $0.54/GB, a drop of around 28 percent, though it could be artificially bloated by the current market drought. SSD prices should drop to $1/GB, a significant decrease of around 33 percent on this year's prices.
 
While SSD prices are unlikely to ever match that of HDD, it looks like SSDs are as much party to Moore's Law as anything else is in the technology industry.