How are data storage prices going to change in the next couple years? (leminal.space)

submitted 2 months ago by CorrodedCranium@leminal.space to c/datahoarder@lemmy.ml

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I was considering making a 30+ TB NAS to simplify and streamline my current setup but because it's a relatively low priority for me I am wondering is it worth it to hold off for a year or two?

I am unsure if prices have more or less plateaued and the difference won't be all that substantial. Maybe I should just wait for Black Friday.

For context it seems like two 16TB HDD would cost about $320 currently.

Here's some related links:

This article by Our World in Data contains a chart with how the price per GB has decreased overtime.
This article by Tom's Hardware talks about how in July 2023 SSD prices bottomed out before climbing back up predicted further increases in 2024.

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[-] chiisana@lemmy.chiisana.net 4 points 2 months ago

A couple of years is a life time in tech, but despite that, I think the one thing that should be the deciding factor is if you’re actually going to need the space in the mean time. If not, waiting won’t make a difference. On the flip side, if you’re going to need it in the next couple of years anyway, then it might be easier to recognize that $320 over 2 years is less than $0.50/day… taking the initial hit and take advantage of it earlier will probably work out great.

this post was submitted on 17 Jun 2024

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