Is RFID Expensive in 2023?

Metalcraft Videos

In this video, Colynn Black, RFID Business Development Director, explores the question, “Is RFID expensive in 2023?” He breaks down RFID costs into four key categories: tags, hardware, software, and installation. Colynn highlights the complexity of setting up an RFID system, especially for real-time location tracking using passive RFID, which requires more than just hardware installation.

He explains the differences between passive RFID tags, which lack an internal power source, and active tags, which use batteries to constantly transmit signals. Pricing varies based on the type of tag and material used—ranging from $0.08-$0.10 for paper labels to $1.50 for on-metal tags. For a deeper dive into RFID pricing, watch Colynn’s video.