A more complete way to budget is to price the full setup, terminal, printer, drawer, and scanner, against the transaction volume the business expects, rather than comparing a single terminal price across different vendors. For a full cost breakdown by terminal tier, see cash register vs pos system.
The honest answer to what a POS system costs is that it depends entirely on which pieces a business actually needs, and pricing pages that list a single number rarely tell the full story. Terminal hardware alone can range from an entry level unit built for a low volume counter to a flagship terminal with a faster processor built for a business running multiple transactions a minute during peak hours.
Wired versus wireless is a separate decision from handheld versus tabletop. A wired scanner is simpler, has one less battery to think about, and suits a single fixed position. A wireless scanner gives staff the freedom to scan anywhere within range, which matters for larger floor plans, inventory counts, or curbside order fulfillment where the scanner needs to leave the counter entirely.
Label width is the first practical decision, since a 4 inch thermal label printer covers most standard retail and shipping label sizes, while narrower printers suit smaller product tags. Linerless label stock is worth understanding before buying, since it removes the backing paper waste that standard label rolls produce and can extend how many labels a single roll holds before it needs replacing.
Solar powered smart padlocks extend the same idea to gates, storage units, or outdoor equipment where running power is impractical. A solar charged lock removes the battery swap maintenance that keeps a lot of connected hardware from actually getting used day to day, and pairs with the same kind of app based monitoring as a smart safe.
Ongoing costs matter as much as the upfront number. Receipt paper, POS software subscriptions chosen separately from the hardware, and eventual replacement of wear items like cash drawer components all add up over a year of daily use. A business budgeting only for the initial purchase price is not seeing the full picture of what running a POS setup actually costs.