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Hearing Aids Cost More Than Their Weight in Gold

We've written before about high hearing aid prices, and the cost benefits to buying online.

In the past, we've cited academic studies and industry-leading research. For this week's entry, we wanted to approach it in a slightly different way. We read recently that hearing aids cost more than their weight in gold, and decided to do some myth-busting.

Hearing aids cost more than gold? That can't be true... right?

In fact, our research revealed that hearing aids are much, much more expensive, on a per-gram basis.

A modern, RIC BTE hearing aid weighs in at about 2 grams. It may wholesale for $500, and resale for $2,500. On a per-ounce basis, that's a staggering $7,200 at wholesale, and $36,000 at resale. For comparison, gold is currently trading around $1,600 an ounce.

In all fairness, this approach penalizes manufacturers for making technological strides to reduce the weight of hearing aids, and increase comfort and satisfaction.

Nevertheless, the conclusion holds: on a per-ounce basis, hearing aids cost twenty times their weight in gold.

In fact, our internet research turned up a long list of luxury items with a lower price-to-weight ration than hearing aids. On this list are caviar, saffron, uranium nuclear fuel, a top-of-the-line artificial heart, and the Space Shuttle Endeavor.

It actually took us a while to identify any substance, manmade or otherwise, with a higher price-to-weight ratio than modern hearing aids. We think contact lenses come close, but they were too light to register on our scale. But we did identify two clear winners. Plutonium is one. The other is a diamond.

Readers, can you help us out with some others?

Clearly, this analysis is overly simplistic. But it's pretty striking nonetheless.

 

Hearing Aids

Gold is more expensive than virtually any other good...

Hearing Aids Prices

 

...But hearing aids are so much more expensive, we had to put them on a different chart

Hearing Aids Cost Research

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The X-Series Models

Vs
  • Compare to:

  • Our price per ear/pair:

  • ? This is the number of frequency bands we use to program your hearing aids to the results of your hearing test. The hearing aid then uses these bands to re-build sound to meet the needs of your hearing loss. The greater the number of bands, the better the sound quality delivered to you.
    Programable bands/channels

  • ? Our comprehensive warranty covers any manufacturer defects including free replacement of rechargeable batteries and receivers as well as half price one-time loss and irreparable damage replacement. In addition, during the warranty, there is no charge for reprogramming or adjustments.
    Warranty (and Loss Insurance)

  • ? Connects directly to your smartphone (or other Android or Apple device). Two way streaming enables completely hands free calls. Add our TV Connector for direct streaming from your TV so you can adjust your TV volume without affecting the sound for others.
    Bluetooth for completeley hands-free calls

  • ? Although the software on these hearings makes adjustments seldom necessary, it is possible to change the volume and some manual settings using either the free smartphone App or the buttons on the aids. An optional hand held remote is also available.
    Volume and Program Control

  • ? We offer a choice of disposable 312 battery or lithium ion rechargeable battery on some models. The rechargeable battery will perform for up to 24 hours after a 3 hour charge. The disposable batteries will last 3-7 days depending on hours of use, level of hearing loss and amount of Bluetooth streaming. A year’s supply of size 312 batteries currently costs about $30/year/aid.
    Power Source

  • ? The hearing aid's software automatically identifies and adjusts to changes in your sound environment (e.g. From a quiet car to a noisy restaurant) so no manual adjustments are needed.
    Automatically adjusts to your environment

  • ? This is the best technology for group situations. It provides optimal speech understanding from all directions by dynamically scanning your environment to focus on the active speaker in your immediate vicinity.
    LiveSpeechFocus

  • ? While most people find that the restoration of high frequency hearing through the use of properly programmed hearing aids significantly improves tinnitus symptoms, there is more we can do. All of our hearing aids come with a tinnitus management program. This is not a cure but it can further help alleviate tinnitus symptoms through the use of a self-adjustable 'white noise' sound in the background.
    Tinnitus Manager Program

  • ? BiCROS hearing aid progamming is for people who have unaidable hearing loss in one ear but have some level of hearing in the other. You would wear hearing aids on both ears. We program them so a microphone picks up sounds from the weak ear and transmits them to wirelessly to the ear with better hearing.
    BiCROS programming

  • ? REMOTE PROGRAMMING - With the X-550 and X-950 models, we can make adjustments to you hearing aids remotely. You would explain the issue to our Audiologists and the new program would be uploaded to your hearing aids automatically (via Bluetooth).
    Remote Programming

  • ? TELECOIL - The telecoil is also known as a T-coil, or T-switch. When activated, the telecoil permits the transmission of sound from a "Hearing Loop" sometimes found in public spaces and theaters. If you require this feature, please call us for details at (888) 929-9555.
    Telecoil

  • Colors

The C-Series Models

Vs
  • Compare to:

  • Our price per ear/pair:

  • ? This is the number of frequency bands we use to program your hearing aids to the results of your hearing test. The hearing aid then uses these bands to re-build sound to meet the needs of your hearing loss. The greater the number of bands, the more natural the sound and the better the performance in more challenging situations, like restaurants.
    Programable bands/channels

  • ? Our comprehensive warranty covers any manufacturer defects including free replacement of rechargeable batteries and receivers as well as half price one-time loss and irreparable damage replacement. In addition, during the warranty, there is no charge for reprogramming or adjustments.
    Warranty (and Loss Insurance)

  • ? Although the software on these hearings makes adjustments seldom necessary, it is possible to change the volume and some manual settings using the Android/Apple smartphone App or optional hand held remote.
    Volume and Program Control

  • ? The disposable size 10 batteries on these hearing aids will last about 4-6 days depending on hours of use and level of hearing loss. A year’s supply of size 10 batteries currently costs about $30/year/aid.
    Power Source

  • ? The hearing aid's software automatically identifies and adjusts to changes in your sound environment (e.g. From a quiet car to a noisy restaurant) so no manual adjustments are needed.
    Automatically adjusts to your environment

  • ? This is the best technology for group situations. It provides optimal speech understanding from all directions by dynamically scanning your environment to focus on the active speaker in your immediate vicinity.
    LiveSpeechFocus

  • ? While most people find that the restoration of high frequency hearing through the use of properly programmed hearing aids significantly improves tinnitus symptoms, there is more we can do. All of our hearing aids come with a tinnitus management program. This is not a cure but it can further help alleviate tinnitus symptoms through the use of a self-adjustable 'white noise' sound in the background.
    Tinnitus Manager Program

  • ? BiCROS hearing aids are designed for people who have unaidable hearing loss in one ear but have some level of hearing in the other. You would wear hearing aids on both ears. A microphone picks up sounds from the weak ear and transmits it to wirelessly to the ear with better hearing
    BiCROS programming

  • ? With the C-540 and C-940 models, we can make adjustments to you hearing aids remotely. You would explain the issue to our Audiologists and the new program would be uploaded to your hearing aids automatically.
    Remote programming and adjustments

  • Telecoil

  • Colors

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