Pictured above is a Nikon CoolPix 3.0 megapixel digital camera, which sold in the year 2000 for $1,000. In today’s dollars, that would be the equivalent of $1,337 and would be $445.70 (in 2012 dollars) per megapixel.
Pictured below is a 2012 version of the Nikon CoolPix, which is available today for only $196.95 and features 16.1 megapixels, at a cost of only $12.20 per megapixel.
Bottom Line: Over the last 12 years, the cost per megapixel for Nikon’s digital cameras has fallen by 97.3%, from $445.70 per megapixel in 2000 to $12.20 per megapixel in 2012. We could also say that today’s Nikon CoolPix camera is almost 7 times cheaper than the 2000 model, while the quality is 5.4 times higher. That’s quite an improvement in just 12 years.