https://www.theverge.com/circuitbreaker/2017/9/28/16361394/smart-home-getting-cheaper-nest-august-ikea

It’s getting a bit cheaper to turn your dumb house into a smart one. Price has been the biggest hindrance to the expansion of the smart home, and it still is, to a certain extent. But recently, some of the biggest players in the smart home industry, along with some new entrants, have helped lower prices to more acceptable levels for the masses.

Nest (thermostats), August (door locks), and Ikea (light bulbs) have led the way in providing cheaper products in their respective smart home categories. Nest introduced a $169 thermostat that’s just as good as the original $250 version, and there’s also the Ecobee3 Lite at the same price.