It’s no secret that the cost of electronic storage has gotten much cheaper over the years. The IBM hard drive from 1956 cost a hefty $50,000, which is really expensive when you consider that the hard drive was only 5 Megabytes. That is the equivalent of paying $10 million for 1 GB of storage. In contrast, current prices are in the pennies per GB range.
In the interactive chart below, you can explore the hard drive prices grouped by manufacturer and model number from 1956-2010. Simply choose a year from the line chart at the top and the bottom graphs will update to show the hard drive prices for the selected year.
Data source: Frictionless Data.