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GPU Prices Dropped Another 9% in the First Half of March

GPU prices continue to drop, mid-March 2022
(Image credit: Shutterstock)

Prices on the best graphics cards, and even previous generation graphics cards, continues to decline. We normally look at GPU prices on a monthly basis, but the current situation warrants more frequent updates. This time, we're looking at the first two weeks of March compared to the entire month of February.

We looked at GPUs from the past two generations sold on eBay, and every single card again showed a drop in prices. Some fell by just a few percent, others like the RX 5500 XT dropped by 20%. The overall average decline came in at just under 9%, and a slightly lower 8% dip if we confine our view to just the current generation (RTX 30-series and RX 6000-series) graphics cards.

Here's a look at the data. We've included average fps (frames per second) values for the cards from our GPU benchmarks hierarchy, and also put in Ethereum hashrates from our best mining GPUs article. As you can probably guess, there's a definite correlation between the drop in mining profitability and the decrease in graphics card prices.

GPU Prices on eBay, Mid-March vs. February, 2022
GPUAvg eBay PriceAverage FPSEthereum Hashrate%Change vs. February
GeForce RTX 3090 (opens in new tab)$2,126152.7120-9.2%
GeForce RTX 3080 Ti (opens in new tab)$1,579149.477-8.2%
GeForce RTX 3080 12GB (opens in new tab)$1,425142.163-7.9%
GeForce RTX 3080 (opens in new tab)$1,323142.195/66-8.1%
GeForce RTX 3070 Ti (opens in new tab)$919124.451-8.2%
GeForce RTX 3070 (opens in new tab)$887116.661/43-10.2%
GeForce RTX 3060 Ti (opens in new tab)$781106.361/42-7.8%
GeForce RTX 3060 12GB (opens in new tab)$61083.649/34-4.2%
GeForce RTX 3050 (opens in new tab)$42761.718-6.1%
Radeon RX 6900 XT (opens in new tab)$1,324148.165-6.9%
Radeon RX 6800 XT (opens in new tab)$1,064142.365-9.6%
Radeon RX 6800 (opens in new tab)$960130.865-7.0%
Radeon RX 6700 XT (opens in new tab)$687112.047-12.2%
Radeon RX 6600 XT (opens in new tab)$51088.232-10.2%
Radeon RX 6600 (opens in new tab)$43575.229-6.0%
Radeon RX 6500 XT (opens in new tab)$25038.4N/A-8.2%
GeForce RTX 2080 Ti (opens in new tab)$935118.259-4.2%
GeForce RTX 2080 Super (opens in new tab)$729102.144-1.6%
GeForce RTX 2080 (opens in new tab)$64295.544-3.4%
GeForce RTX 2070 Super (opens in new tab)$58991.044-6.1%
GeForce RTX 2070 (opens in new tab)$53681.044-7.5%
GeForce RTX 2060 Super (opens in new tab)$52777.244-8.9%
GeForce RTX 2060 (opens in new tab)$41068.633-8.1%
GeForce GTX 1660 Ti (opens in new tab)$36757.830-8.9%
GeForce GTX 1660 Super (opens in new tab)$37657.930-11.1%
GeForce GTX 1660 (opens in new tab)$32150.125-11.6%
GeForce GTX 1650 Super (opens in new tab)$24543.5N/A-7.5%
GeForce GTX 1650 (opens in new tab)$23731.9N/A-6.1%
Radeon RX 5700 XT (opens in new tab)$62786.554-12.1%
Radeon RX 5700 (opens in new tab)$57978.452-16.6%
Radeon RX 5600 XT (opens in new tab)$44071.140-7.0%
Radeon RX 5500 XT 8GB (opens in new tab)$28448.626-20.2%
Radeon RX 5500 XT 4GB (opens in new tab)$22543.3N/A-19.0%
Overall Average   -8.8%

These latest price drops come in the wake of an average 11% decline in February, compared to January prices. All told, GPU prices have decreased on average by 25% since December 2021. Of course, it doesn't help that prices back in December were often double the official AMD and Nvidia MSRPs.

With the latest price drops in place, typical eBay pricing on RTX 30-series cards is still 68% higher than Nvidia's recommended prices — even including the very expensive RTX 3080 Ti and 3090. AMD's RX 6000-series cards by comparison are only 41% higher than the official MSRPs. Going back to the previous generation, Nvidia's RTX 20-series cards are now just 9% higher than their launch MSRPs, while the GTX 16-series cards cost 47% more than their launch prices. Finally, AMD's RX 5000-series cards currently cost 49% more than their launch prices.

It's not just eBay prices dropping. Newegg prices basically match or beat what we're showing in the above table. For example, this MSI RTX 3080 10GB (opens in new tab) card now costs just $1,127 — nearly $200 less than the eBay price. A Gigabyte RTX 3080 12GB (opens in new tab) meanwhile goes for $1,250. RTX 3070 Ti (opens in new tab) starts at $900, RTX 3070 (opens in new tab) at $852, RTX 3060 Ti (opens in new tab) at $660, RTX 3060 (opens in new tab) costs $520, and the new RTX 3050 (opens in new tab) can be had for $400. The story is similar on the AMD side of things: RX 6900 XT (opens in new tab), RX 6800 XT (opens in new tab), RX 6800 (opens in new tab), RX 6700 XT (opens in new tab), RX 6600 XT (opens in new tab), RX 6600 (opens in new tab), and RX 6500 XT (opens in new tab) prices generally match or beat what we're seeing on eBay, sometimes by a significant margin, all without the annoyance of the shuffle system.

Amazon's prices are still quite a bit higher than elsewhere, but we're seeing plenty of retailers now carrying inventory, with prices steadily decreasing week by week. If the current trends continue, we could actually see graphics card prices at close to the official MSRPs by the second half of 2022. That would be great, especially with Ada / RTX 40-series and RDNA 3 / RX 7000-series GPUs rumored to be coming in the fall. Hopefully, the Ethereum transition to proof of stake will also occur by then, which should remove one more reason for the inflated GPU prices. However, shortages on components and other factors like the Russian invasion of Ukraine may slow down progress.

Jarred Walton is a senior editor at Tom's Hardware focusing on everything GPU. He has been working as a tech journalist since 2004, writing for AnandTech, Maximum PC, and PC Gamer. From the first S3 Virge '3D decelerators' to today's GPUs, Jarred keeps up with all the latest graphics trends and is the one to ask about game performance.

  • DRagor
    If the current trends can continue, we could actually see graphics card prices at close to the official MSRPs by the second half of 2022.
    The new definition of optimist.
    Reply
  • bigdragon
    You'll finally be able to buy a new 30-series GPU for close to MSRP right before the 40-series makes them all obsolete.
    Reply
  • spongiemaster
    bigdragon said:
    You'll finally be able to buy a new 30-series GPU for close to MSRP right before the 40-series makes them all obsolete.
    Why would Nvidia do that when they can charge you twice as much for twice the performance for an Ada GPU? Who knows what the MSRP's will be, but spoiler alert, the 4080 isn't going to be $700.
    Reply
  • JarredWaltonGPU
    DRagor said:
    The new definition of optimist.
    It's a big if, but as others point out, with Ada lurking in the wings, getting 30-series at MSRP prices finally, right before the 40-series launches at presumably higher price points, certainly isn't out of the question.
    Reply
  • hotaru.hino
    spongiemaster said:
    Why would Nvidia do that when they can charge you twice as much for twice the performance for an Ada GPU? Who knows what the MSRP's will be, but spoiler alert, the 4080 isn't going to be $700.
    While I expect a bump in MSRP since $650-$700 has been the MSRP for flagships for the past 8-9 years, I highly doubt it'll be say $1500 out the gate.

    Case in point, the GTX 1080 was basically 80% better than the GTX 980. They only charged about 20% more.
    Reply
  • IceQueen0607
    bigdragon said:
    You'll finally be able to buy a new 30-series GPU for close to MSRP right before the 40-series makes them all obsolete.

    Prices here are staying firm. I've been watching the 3060 Ti.. I would like 4 of them.

    What typically happens here is the outgoing generation is hiked up in price to "encourage" people to buy the newer generation.

    And of course, as the new gen arrives, they'll be sucked up by scalpers and so begins the endless cycle anew, with nary a card ever seeing even close to MSRP :(
    Reply
  • spongiemaster
    hotaru.hino said:
    While I expect a bump in MSRP since $650-$700 has been the MSRP for flagships for the past 8-9 years, I highly doubt it'll be say $1500 out the gate.

    Case in point, the GTX 1080 was basically 80% better than the GTX 980. They only charged about 20% more.
    I don't think Nvidia will charge $1500 for a 4080. I have my doubts they will even sell a 4080. I wouldn't be surprised if they change their naming scheme altogether to try and muddle up any direct comparisons to previous generations because of how screwy the market has been the last year and a half. Any announced "MSRP" for the 3090Ti could give us some insight where pricing is heading.
    Reply
  • digitalgriffin
    Reply
  • InvalidError
    bigdragon said:
    You'll finally be able to buy a new 30-series GPU for close to MSRP right before the 40-series makes them all obsolete.
    Most indications I've seen point towards the next-gen from both AMD and Nvidia to come with quite substantial price increases - neither company has ever done a 2X gen-on-gen bump before. The most generous previous performance-per-dollar improvements in the past were in the neighborhood of 40%. So the 2X performance increase may get split between 40% "for free" and 40% price bump.

    At such a price premium, current-gen will still have a solid place with people who either cannot afford or refuse to spend $500+ for a GPU.
    Reply
  • hotaru.hino
    spongiemaster said:
    I don't think Nvidia will charge $1500 for a 4080. I have my doubts they will even sell a 4080. I wouldn't be surprised if they change their naming scheme altogether to try and muddle up any direct comparisons to previous generations because of how screwy the market has been the last year and a half. Any announced "MSRP" for the 3090Ti could give us some insight where pricing is heading.
    And I generally ignore halo cards and how much they cost because they're halo cards and it's generally understood those cards are meant for people who can wipe their butts with $100 bills.
    Reply