To help you better understand the differences between LAN and WAN connection types, it is important to give you an idea of their price differences. Most importantly, keep in mind that this information will vary depending on your location, speed requirements, and other factors. A good way to start this comparison is to take a look at some average prices.
LAN connection average cost per month – $300-500 for business-scale connections
WAN connection average cost per month – $700+ for low speed, $1000+ for high speed
As you can see, costs are not the same. On one hand, LAN is more affordable but it’s also slower and less reliable. WAN connections offer higher speeds but are also harder to maintain and more expensive.
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Depends on Location and Speed
Once you’ve made a decision between LAN or WAN, your next step is to look at the equipment prices. As mentioned before, LAN equipment is usually less expensive than WAN equipment but you should keep in mind that this can also depend on the company’s location and speed requirements.
LAN equipment prices – $200-300
WAN equipment prices – $1000-3000
Again, the cost difference is noticeable. LAN equipment is more affordable but it also has lower speeds. WAN equipment is more expensive but it can reach higher speeds and is more reliable. So, as you can see, there are many factors that influence the price difference between LAN and WAN.
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Is LAN Better Than WAN
If you are looking for a reliable connection that is also cost-effective, LAN connection types are what you need. They usually offer better speeds than WAN connections but they also cost more to maintain and set up. If your company is small or medium-sized, LAN can be a great choice for you.
However, if your business is large enough, WAN offers higher speeds at a low cost for everyone who uses the connection. Because most of the companies use WAN types nowadays, it is highly recommended to use one if your business is large enough.
Another important factor to take into consideration when comparing LAN and WAN connection types is their speed differences. LAN connections can offer high speeds but this will be influenced by many factors such as distance, number of users, and type of connection. WAN connections, on the other hand, can offer very high speeds but only if you have the required bandwidth and hardware.
You Know Everything
Now that you know what are LAN vs WAN connection types, you should also take into consideration their pros and cons. When deciding between both options, think about your business needs first. Are you looking for better speeds? Do you need secure connections? Do you want high availability or just reliable leased line providers? Once you figure out what you need, the decision will be much easier.
Wrapping Up
As you can see, there are many factors that influence the price difference between LAN and WAN. However, most of them are connected to the business’ needs. When deciding between both options, think about your business needs first. Are you looking for better speeds? Do you need secure connections? Do you want high availability or just a reliable connection?