Cost of RFID Tags | How Much does an RFID System Cost (2024)

Good question! The cost of RFID system is an essential factor that helps decide whether an RFID tracking project is going to come to fruition or not. Unfortunately, the answer is, “It depends.” Let us explain about RFID system cost, cost of RFID tags and readers, and RFID cost for implementation.

RFID System Cost

A typical RFID tracking system would contain the following essential components. Let us explore each one of them and ascertain their cost.

1. RFID Scanner Cost:

RFID scanners are also often referred to as readers. There are two main categories of scanners:

  • Fixed RFID Scanners: These scanners are set up to monitor either a doorway, ‘chokepoint’ or a zone in real-time. Included with the scanners, are antenna and other accessories. There are several types of readers (different manufacturers and with varying power settings), which vary in price. There are dozens of antenna to choose from – it’s important to choose the right one for the use case at hand. The RFID scanner cost (fixed RFID reader systems) can range anywhere from $2000 – $8000. AssetPulse offers a wide range of RFID readers with a choice of antenna optimized for the use case at hand.
Cost of RFID Tags | How Much does an RFID System Cost (1)
  • Handheld Scanners: These scanners or readers are used to perform RFID scans manually. Scanners vary by manufacturer, ruggedness (ability to withstand rough handling or to withstand outdoor environments), power settings, etc. All these factors can affect the RFID scanner cost. The cost of RFID reader (handheld scanners) can vary anywhere between $1000 – $4500 without the software running on them. AssetPulse offers various flavors of RFID handheld scanners, suitable for the environment that they would be used in, E.g. indoor manufacturing, outdoor Oil and Gas or indoor Cleanroom environments.
Cost of RFID Tags | How Much does an RFID System Cost (2)

2. RFID Tag Cost:

There are several hundred different types of tags. The cost of RFID tags vary by quantity, size, material it is made of, and ruggedness of the tag. The lowest cost per tag could be in the sub-$0.10 range. However, this is the case for quantities of several hundred thousand tags and the tags have minimal structure (i.e. they are to be used in ‘gentle’ environments with minimal handling).

RFID tag cost for asset trackingwill be more, because they need to be ruggedized enough to be applied on assets that move and may be subject to varying environments and varying types of handling. Cost can vary anywhere between $1.00 to $10+. RFID tag costs are again, subject to the quantity ordered.

AssetPulse offers dozens of RFID tags of varying size, material, robustness and price.

3. RFID Cost for Implementation:

RFID readers and tags are not very useful without the software to process the data read by the readers and to analyze the processed data to draw inferences and conclusions. RFID Software functionality and value can range widely – from a simple Tag Reading application to more sophisticated, smart applications that process the tag data intelligently in order to make complex inferences of asset movements through locations. Similar range of sophistication exists with software running on handheld RFID readers. The software comes in various flavors – web applications/platforms running on the Cloud or On-Prem. The costs of RFID software range vary widely, too widely to even provide a meaningful range.

AssetPulse’s next-gen RFID asset tracking software combined with the state-of-the-art RFID and IoT Hardware and Tags Lab, helps to provide optimal and innovative RFID asset tracking solutions to various industries such as Laboratories, Biomedical Manufacturing, Industrial Manufacturing, IT, Oil and Gas and Construction. AssetPulse offers customizable RFID asset tracking solutions to many such industries.

4. RFID Cost for Services:

RFID Hardware and Software needs to be installed, configured and tuned, in order to provide maximum value for the investment. Vendors provide these services either onsite or remotely. Deployment services become important especially when Fixed RFID readers needs to be installed to monitor chokepoints, doorways, cabinets or zones. Hourly/Daily cost of RFID services vary widely.

AssetPulse leverages its 18+ years of RFID domain expertise in order to provide the very best installation and deployment services. AssetPulse is frequently the Go-To vendor when RFID deployments have failed due to complex use cases where the first deployment failed to read tags accurately.

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Cost of RFID Tags | How Much does an RFID System Cost (2024)

FAQs

Cost of RFID Tags | How Much does an RFID System Cost? ›

Generally speaking, active tags are $25 and up. Active tags with special protective housing, extra-long battery life or sensors can run $100 or more. A passive 96-bit EPC inlay (chip and antenna mounted on a substrate) costs from 7 to 15 U.S. cents.

How expensive is an RFID system? ›

Basic passive RFID tags typically range from a few cents to a few dollars each, while more advanced active RFID tags with additional features can cost several dollars to over $50 per tag.

How much does RFID tracking cost? ›

RFID Tracking vs GPS Tracking
RFIDGPS
Average cost per device$0.25-$50$100-$300
Range limit10-600 ft.None
Sends notifications
Life span3-25 years10-25 years
3 more rows
May 7, 2024

What is the RFID cost? ›

₹ 17/Piece. Type Of System: TAG. Brand: RFID. Type: PASSIVE TAG.

Are RFID cards expensive? ›

Passive RFID tags can cost less than a dollar each. While this is far more than a barcode sticker, it's a manageable expense for most businesses. This only changes if you need to tag metal equipment. Because metal interferes with the radio waves, special tags are required in these situations, which cost more.

How long do RFID tags last? ›

Active: Active RFID tags usually last between three to five years, depending on the battery. Some tags may allow for battery replacement, while other tags may not. These tags also last much longer than other RTLS technologies such as ultra wide-band tags and WiFi tags).

How likely is RFID theft? ›

The overall chances of RFID theft are pretty low, just as theft via pickpockets. However, the risk can depend on what area you're in and what you're carrying.

How far can you track an RFID tag? ›

Battery-powered tags typically have a read range of 300 feet (100 meters). These are the kinds of tags used in toll collection systems. High-frequency tags, which are often used in smart cards, have a read range of three feet or less.

What is cheaper than RFID? ›

While RFID tags have increased functionality and connectivity, QR tags are often a lot more practical. They're also cheaper as they're easier to print. There is a lot to take into account before you make a decision on which to invest more of your time and money into.

Is RFID better than GPS? ›

RFID is well-suited for close proximity tracking, inventory management, and access control, while GPS excels in providing global positioning information, real-time tracking, and route optimization.

How much is the RFID sticker fee? ›

Upon filling out the RFID Sticker Replacement form, you will need to pay the P200. 00 as a replacement fee.

How much is simple RFID? ›

$299/month includes support, service, and CSL CS108 RFID Handheld with SimplyRFiD Wave App.

Are RFID tags reusable? ›

RFID labels can be reused by deleting the stored data and replacing it with new data (read/write cycles: 500,000) . Which is also true for closed transport systems, such as transport containers. This produces major savings compared to paper barcode labels, although these are much cheaper to make.

What is better than RFID? ›

Therefore, for applications that require the tag to be working continuously, like in wearable technology, BLE is the better option when compared to RFID. Both RFID and BLE technology have varying levels of security, depending on the implementation.

What is the difference between RFID card and tag? ›

Radio-Frequency Identification (RFID) cards work using electromagnetic fields which can identify tags from varying distances depending on the frequency used. Tags are how the user or vehicle is granted access or tracked, they are typically a small token or card that can be embedded or carried.

What are the negative effects of RFID? ›

​​Disadvantages of RFID Technology

Limited Storage - Even most non-volatile memory requires power to keep its contents from degrading. Without an onboard battery, passive tags can't store much information. Requires Reader - Passive types of an RFID tag require a high-powered reader to even power on.

How much does it cost to fit RFID? ›

Drop by selected Shell SELECT stores* today and purchase the Touch n'Go RFID Self Fitment kits for RM35 only!

What is cheaper NFC or RFID? ›

There is very little difference in price between an NFC tag vs RFID tag. Both types can cost less than $0.10. Active RFID tags are more expensive because they have their own built-in power source.

Is RFID cost effective? ›

RFID is a very cost-effective technology and the cost savings and enhanced revenues achieved can very quickly cover the cost of the initial outlay.

Is RFID cheaper than Bluetooth? ›

Perhaps the greatest disadvantage of an RFID system is in its overall cost, which is high compared to Bluetooth. Although passive RFID tags may be inexpensive, the required RFID readers are not and can cost more than $5,000 each.

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