Point-and-shoot cameras have historically been the affordable option that anyone could use, while interchangeable lens cameras were higher-priced models for hobbyists and pros. But as compact cameras have surged in trends, so to, have prices. While most interchangeable lens cameras are still the pricier option, there are a number of entry-level mirrorless cameras that come in at similar – or even lower – prices than some of the trendiest compact cameras.
The compact camera has become trendy again at a time when many manufacturers had slowed or stopped their production altogether. The result was a lesson straight out of a high school economics class: High demand with low supply means high prices.
