Hardware costs include more than just the upfront physical device. Hardware costs cash to deploy and they cost to service such as replacing or recharging batteries or replacing obsolete hardware, like with 2G cellular. This calculator provides a look at the costs of various IoT wireless technologies for a user-specified lifetime and operating environment. Go ahead and play around!
Hardware Lifetime Cost Calculator
The cost of hardware isn’t just the upfront cost, but includes costs over its entire lifetime.