How Much Does a Hoverboard Cost

How Much Does a Hoverboard Cost? – How Much Are Hoverboards? – How much Do Hoverboards Cost? – How Much is a Hoverboard?

One “toy” as you call it, has been all the rage today. Also called a self-balancing scooter, a hoverboard is a two-wheeled, electric, portable device that is credited to have its origins from the movie Back To The Future. Although the hoverboard today is not quite what you saw in Back To The Future, it still became cool enough to be the latest trend in self-propelled mobility. It works just like a powered skateboard that has a platform placed between the two wheels. It uses a lithium-ion battery to power the device.

How It Works

A hoverboard has a gyroscope that adjusts the tilt so you can maintain the balance. Then it uses a set of microprocessors to regulate the power being given to the motor.  The power comes from the lithium battery in the hoverboard. The motor is what powers the wheels of the hoverboard to keep it balanced and upright. These parts work together to propel the hoverboard to move forward and stay upright. As for the direction of the hoverboard, the rider can dictate which direction the hoverboard goes by applying weight to their feet to guide it much like a skateboard.

Cost of a Hoverboard

As you can see, a hoverboard consists of several parts that don’t come cheap. So it’s safe to assume that the hoverboard as a whole, will also cost you a bit. It’s not too expensive but it doesn’t come cheap too. Let’s take a look at how much hoverboards cost today.

Normally, you can get a great hoverboard for about $100. It does balloon up to$700 if you go for the high end models. But if you want to go for the high quality models, the best hoverboards to go for is within the range of $300 to $600. Hoverborads priced in this range will have great battery life, short charge times, long range and a great maximum top speed. Aside from that, these hoverboards will be pretty safe and won’t explode(there was a time when news broke out that cheaper hoverboards had a tendency to explode).

Here are the prices of some of the most popular hoverboards in the market today:

  • IO Hawk – $499.99
  • Razor Hovertrax – $398.00
  • Powerboard – $369.99
  • Swagtron T1 – $349.99

Why It Costs A Lot for Such A Simple Device

If you think about it, a hoverboard is pretty simple on the outside. But if you dig a little deeper, you’ll see that this simple device does require several parts like a battery, a motor and other parts that make it unique, like a bluetooth speaker, LED lights, etc. So you see, it’s already a given that the parts will really push the price of a hoverboard to over a $100. Take note that additional features on a hoverboard will usually make it more expensive. So it follows that the cheaper hoverboards don’t have a lot of features, shorter battery life and naturally, less durable.

Now since hoverboards are a bit expensive, it’s important to note that before you buy one, you have to first evaluate what are your hoverboard needs and how much is your budget. Since the features of a hoverboard will dictate its price, it is therefore imperative that you know what you need and how much your budget is so you can decide which hoverboard suits you best. So let’s take a look at the different price ranges of hoverboards and what they can do. This should help you out a bit on which hoverboard to choose.


This is the price range of a basic hoverboard. It has all the basic features of a hoverboard/self-balancing scooter. Basically, this is your entry-level hoverboard. It won’t provide as much power as the more expensive ones and the battery life won’t last long too. If you are looking to just try one, this is a good option for you. Hoverboards in this price range will also need more charging time compared to the more expensive ones.


This is the price range of the better hoverboards in the market today. Think of it as the middle of the pack. The hoverboards in this range will have more power, longer battery life and basically, more durable than its cheaper versions. If the $100-$200 is the entry level hoverboard, this price range is where the more experienced hoverboard users dwell. This range is also where you can find additional features like Bluetooth speakers, smart phone apps control and so much more. It has faster battery charging times, as well as improved speed and power. It’s the perfect hoverboard for users who have already gone through the entry level hoverboards and want an upgrade.

$500 and above

The hoverboards belonging to this price range are the cream of the crop. If you’ve got money to burn, then the hoverboards belonging to this price range is your best option. If you find the hoverboards belonging to the $200-$500 range lacking in speed and range, then this is your solution. These hoverboards will be very durable, so you can say that they are a long term investment. They also have the fastest charging time and have the most features available.


Although there have been reports of hoverboards catching fire and exploding before, the main reason was low-quality battery backs. Keep in mind that battery packs have chemicals in it and when they overheat or become overcharged, there is a big chance that they will catch fire or explode. But don’t worry because these hoverboards have already been recalled. As a safety precaution, choose only a hoverboard that is manufactured by a well-known company. And never ever charge the hoverboard using a different charger. Only charge it using the charger that came with the hoverboard. Also, don’t leave it charging overnight. That will also increase the risk of it catching fire. Not only will you risk your hoverboard, but your house as well. Overall, the price of a hoverboard is dependent on its capabilities and features. The more features and capabilities it has, the more expensive it will be. So, before you buy one, choose carefully which hoverboard suits you best.

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